Im going to be shorting the Eur/Usd pair ahead of the ECB Press Conference. This is in anticipation of them spending money and bringing in QE with over 1trillion euros which should send the Euro declining. Im going to short below the orange dotted line at 1.15385. The target for this short will be the 1.14587 level which is the last support level. Anything more...
Im looking to short gold below the 1178 support level. This will be an attempt to catch price action fall to the 61.8% Fibonacci Retracement level which is at 1164.70. A failure of this Fibonacci Support level to hold will see a drop lower to the 76.4% Fibonacci support level of 1157.83. My stop loss will be placed above 1196. We are currently stuck in a range...
The NZDUSD is in a really interesting place right now it is currently trending upwards and looks like it will be doing so at least for the next few days. I am currently short right now however I will be buying and selling several times within this trend. I was long yesterday. This is an incredible opportunity with the average trade ranging from 50-70 pips....
Triangle - just sell on the upper zone. I love these trades!
The price finished from fly "lool" and it will skydiving under the entry price. The price will make lower point at 0.7900. The duration for this skydiving take more than a month. Good luck!
GBPUSD Similarly, we believe that this pair has just finished its entire 3-wave corrective pattern, and its in a “partial consolidation” state as the 1.6692 and the 1.6778 levels are pretty crowded. That being said, this is a good pair to long, as long as you do so at a strong support level. READ MORE AT HTTP://BIT.LY/IMBAFC