Well logically is to reason a path bearish or quite powerful, in or have been prudent in trying to make a model based on the effect of brexit, but amplified and magnified
We are opening a SHORT position in EURUSD at 1,10880 Stop: 1,11447 Target: 1,09553. After a few days correction the price can't get across the 1,11223 resistance, now we are waiting to test the 1,09553 levels again in a shorter term.
Entry Level: 1.2207 Stop Less: 1.2185 Target: 1.2272
EU should make a push to 1.10 area then continue in the downtrend of the last couple of weeks, going to try and catch it at the bottom of this channel for 90 pips target
Entry Level : 1265.40 Stop Loss : 1264.50 Target 1 : 1267.8 Target 2 : 1269
NZDUSD breakdown of a pennant pattern on the 5 minute time frame.
Am expecting price to at least make another attack on 1.08600. Aiming for an entry around 1.0895. If 1.0860 fails, next target would be the support area around 1.08260-1.08059.
The same pattern is visible on all GBP-crosses this morning. Strong counter trend impulsive move closing below/above swing high/low, indicating the counter trend players have had enough and want to see a stronger pound. If this structure holds and we see a pullback towards the short-term corrective structure top I am looking to go short around 0.89930, targeting...
Even though we are getting close to a daily resistance zone I think there is a short-term upside potential. The latest bull run has been almost uninterrupted by the bears and they most likely won't be able to stop it with just one try. So expect increasing volatility before this thing turns around. For now I am looking to get long if price makes it back to the...
potencial reversal points of the correction of the BCOUSD
The pair has been testing the 1.4580 level for 4 times without being able to penetrate it. The last reaction was pretty forceful followed by a corrective structure. If this structure holds and we see a retrace back into the bottom I am willing to go long, targeting 1.4760 as a primary target and 1.4850 as a secondary one. Since we are in a ranging environment...
The sideways corrective structure is hinting that the buyers are still interested in this pair and are just taking a break. If the bottom of this structure holds I am looking to go long with my first target being the top of the structure and my second target around 1.4860-1.4870.
The resistance at 1.124 is the point at which the euro-dollar stopped and, in the hopes of an upward breakout, the target is the same. The zone between 1.124 and 1.128 gathered the maximums of many daily candles, but for more than a month it has not been able to stably exceed these points. Therefore, this is the first true signal of a possible upward trend An...
If this corrective structure holds I am looking to go long with my primary target around 0.8745. And if that level folds a move up towards the resistance area between 0.87600-0.87900 is to be expected. The resistance area should attract plenty off sellers so would not look for targets beyond that zone.
Correction forming underneath a strong resistance zone. Will be going short on a pullback to 0.9670, targeting 0.9655 primarily. Extended targets are 0.96350 & 0.9595.
Clear false break and reversal structure forming on the 1h gold chart. Going long targeting the 1331 area with stops below 1318.
Shorting possible breakout on EURUSD. shorterm sell