I am forecasting an upwards bounce to the at least 1.08498. Agreeing Indicators Support on 30 Accumulation/Distribution Trendline Bounce off 127 Fib Line (not drawn but spot on present) Bounce off major Support
I'm expecting a nice bounce higher from the Decision Zone!!! Target also provided for downward breakout! 100+pips in either direction...Good Luck!!! KEEP THE RADARS UP!!!
Anything is possible! I'm looking for confirming signals before getting involved! 75+ pips to downside...Good Luck!!! KEEP THE RADARS UP!!!
1)Trend line has held since October, 2) A break has now occurred and a retest of this trend line. 2) A further confluence is moving averages heading downwards Target Area 1- 180.017 Target Area 2 - 175.498 (If 180.017 holds as resistance after target 1 is cleared )
Possible short in motion...let's see what happens with Monetary Policy Minutes at 7:30 NY! 150+ pips to the downside...Good Luck! KEEP THE RADARS UP!!!
The Australian Dollar is on the defensive against is US counterpart once again. Prices have broken below trend line support guiding the move higher since early November, hinting the near-term bias has shifted to favor the downside once again. A daily close below resistance-turned-support at 0.7184 opens the door for a test of rising trend line support set from...
The Euro continues to push upward having rebounded against the US Dollar as expected, hitting the highest level in a month and establishing a foothold above the 1.10 figure. The single currency launched upward following last week’s underwhelming ECB monetary policy announcement. Near-term resistance is at 1.1117, the 50% Fibonacci retracement. A break above that...
Possible Short NOTE: SAME PATTERN ON AUDJPY ALSO!!! 40+ pips to downside if this plays out...good luck!!! KEEP THE RADARS UP!!!
NZD could see an interest rate drop today at 1pm NY time so my bias is to the downside...anything is possible so we're prepared for either direction. 650+ pips in either direction after breakout...let's see what happens! KEEP THE RADARS UP!!!
Hey traders! We have a bullish bat,which might be filling soon on a Daily chart. Looking to get long at that area+will be watching for PA on a smaller timeframe to confirm an entry.If you wanna follow this trade,make sure that it fits your R/R and your trading plan,cuz this is a DAILY chart. GL!
Very clear H1 bearish double top formed, perfect setup for a 2618 trade to the downside. The only trade management that the 2618 requires is when price reaches TP1, we close half the position for profit and move our stop loss to breakeven. Otherwise we have our entries and exits in place and just let it run. Entry - 1.33210 Stop - 1.33831 TP1 - 1.32510 TP2 -...
We're in the zone of a Bull Gartley completion which may or may not work out. Regardless, all signs point to continued shorting possibly after brief retracing! Looking for buy signals when the Bull Bat completes before going long... 250+ pips to downside...Good Luck!!! KEEP THE RADARS UP!!!
Strong trendline/ horizontal resistance, as well as the development of a bear flag gives a good case for a short here. Trading plan: A small short entered at 1.5182 gives the ability to capture the move if price fall from the flag formation prematurely on the next downswing. Next, a more sizable short is entered around 1.5193-.5195, playing off of both...
50+ pips if this plays out...Good Luck!!! KEEP THE RADARS UP!!!
Upcoming long opportunity that could go much higher with an upper break of this flag channel! 40+ pips to the upside...Good Luck!!! KEEP THE RADARS UP!!!
As shown, we have 2 patterns terminating at the same general area! Let's see how it plays out... 250+ pips to long target...good luck!!! KEEP THE RADARS UP!!!
I'm looking for a continuation lower on this pair finally after the recent impulse down that broke through the long term channel. The potential Cypher pattern just adds more confluence and increases the odds of more selling as we move toward the D leg completion! 400+ pips to D leg completion...Good luck!!! KEEP THE RADARS UP!!!
Possible retracing to could occur very soon. Keep in mind it will be counter trend down movement until breaking monthly trend line support but there are pips to be gained from shorting! I'm looking for long trend to continue for well over 1400 pips to the upside after this retrace to 195.00-200.00 price 200+ pips to downside in the meantime...Good luck