Hi traders, Keep an eye on this one for downside. I am expecting price to roll over to the lows, in the form of a 3 wave move. I expect price to hit the 3 wave measure move target, where previous support structure is located. Use your tested trading strategy to find the move. Best regards, Tom_Killick
Hi traders, Keep an eye on this one for a short into the coming weeks. Price could move straight down after structure breakout right into the lows, in the form of a new down impulse. Alternatively, price could break structure, and retest structure. ALWAYS USE YOUR TESTED TRADING STRATEGY TO TRADE. IF YOU DON'T KNOW THE ENTRY AND EXIT LEVELS THEN YOU SHOULD NOT...
Hi traders, USDJPY looks like a buy. Watch for a setup using your tested trading strategy. It could move straight up the highs in one swing move, there is a possibility it could bounce off swing low before the move up. If it manages to break structure, wait for a corrective structure before any further buys. Best regards, Tom_Killick
Hi traders, GOLD has broken out. Watch for a sell setup using your own tested trading strategy. Price could break structure as shown and immediately go the lows in the form of an impulse leg. Alternatively, it could retest the previous sidewards support as a resistance before the breakdown. Best regards, Tom_Killick
Hi traders, NZDCHF looks good for downside. Keep an eye on this for downside. It could bounce off structure before the down move begins. The pair looks weak, and looks as though it will break sideway support, after resisting on the horizontal resistance as well. This looks like a good area to look for a short setup using your tested trading strategy. Best, Tom_Killick
Hi traders, DOLLAR looks good for a sell on the smaller TF's. I particularly like it on the 4 hour chart, where it is showing early signs of a breakdown. I am expecting either a straight breakdown to the 3 wave target. Alternatively, price could break the structure and retest the support as resistance before the breakdown occurs. Please like and follow all...
Hi traders, COPPER looks good for downside. Keep an eye on this one for an entry. I suspect that price will hit the 3 wave move to the lows. I am expecting price to break down, in the form of a 3 wave minor move. There is a chance price will move higher before the move down starts, but with a tested trading strategy you should have no problem finding the entry...
Hi traders, USDNZD looks good for a sell setup. I am expecting a nice move to the downside. Use your tested trading strategy to determine the best buy and sell levels. There's a few ways this trade could play out, and how you play it entirely depends on your trading strategy and risk tolerance. I am expecting a bounce at the sidewards support level before a...
Hi traders, Keep an eye on this one for downside. This down move could be a down impulse, but the question is, is the upside over? I guess we will all soon find out. There is a couple of ways this trade could play out. It could either bounce on the support turned resistance and break down. Alternatively, price could immediately break down without a retest on...
Hi traders, GBPAUD is about to hit a technical level where price action could get extremely weak. A short and long term 3 wave are about to complete, causing an inevitable correction. Use your tested trading strategy to trade this move in accordance to your own rules. If you do not know the entry and exit level to be trading this pair, you should not be...
Hi traders, I hope you're all having a wonderful weekend. Keep an eye on USDCAD for next weeks trading. I am expecting further weakness into the lows. Best regards, Tom_Killick