I'll be looking for Daily/4HR Reversal Patterns to form on 140.000 before going long. My previous short setups has hit our final target of 140.000 (+360 pips) So if reversal patterns do form you can look to hedge GJ or take your profits completely.
Once price reaches 1.6350 I will be keeping an eye out on price action and I will be looking for Daily/4HR reversal patterns to form before going short or a break of the Counter-Trendline. (First Target 1.60255, 2nd Target 1.57000)
|If we have a nice weekly break of the Uptrend, I will Hold onto dear life.|
-This setup will be invalidated if we have a Daily break...
My analysis is based on a stuck in the box type formation which has taken place on a D1 chart. With many attempts to breakout it has found a very strong resistance, we have had a false downturn take place today with a retest to the top. What i think is going to happen here is it may even retest and break this key level, but with NZD news coming which is...
Like I mentioned in the previous post, If price does break through the Weekly Trendline we could see price head to the Monthly Trendline/61.8/0.6300 before making another sharp upside move. Initial Targets for me will be 0.8800, final targets at the -0.27 extension 0.9890
I will be looking for a Daily Reversal pattern to form at the 78.6 fib before going to go long. However, If we break through the Weekly uptrend, I will be looking for a break and retest around 0.6300 + the Monthly Trendline
For longs initial targets for me will be 0.7560, Final targets will be 0.7900
I will be looking to go long on this pair on Monday/Tuesday if the 1hr CTL is broken. The long will be invalidated if the previous daily lows are taken out
Target 1: previous daily high
Target 2: 0.27 fib extension
Looking to open up some more positions on CADHCF from the previous setup. We had a break and retest on our 4hr CTL (Counter-Trend Line). Now the We're looking for a retest on the Daily CTL
-I Will be looking for a pullback to the trend line (0.7520) and then I will be waiting for reversal patterns to form around that region.
I do see GBPUSD hitting the neckline (1.28650) before making a pull back to 1.3000 for another leg down to 1.2750
-I will be looking for reversal patterns to form around 1.28650 before I go Long (Target: 1.30000).
-Then I will be looking to go short around 1.3000 (Target: 1.2750)
I've managed to get a nice entry on Gold off of 1300 Resistance level and the 61.8 fib retracement.
-You can still enter off of the Daily Close.
-Before meeting my extension at 1250, I do see Gold heading to the Daily Uptrend/1275.000 first to make a pullback to 1290 for another leg down to my -0.27 extension hopefully.
-I will hold my trade, take some profits at...
Looking at a buy for Gold - once it breaks the D1 Dec ending trend line then ill be looking for further upside movement to the next major resistance
HOPEFULLY NFP TODAY HAS A POSITIVE EFFECT ON THIS SIGNAL