ArcusFX

ArcusFX

Oil looking ready to sell off and USDCAD at major daily support. Lets see if we continute to pump. Pin Bar Entry.

ArcusFX Updated 

Looking for shorts down to 144.500

ArcusFX Updated 

Stopped me out last time. Due to improper Stop Loss Entered on the closure back into the box. Still targeting 1.100 Stops at 1.13850

ArcusFX Updated 

EURUSD has gone to the previous resisting Trend Line the 4th time now. Expecting a continuation after price action gave 2 pin bars like that rejecting 1.135600. My stops are 1.13850 just above 0.718 retracement. Targeting 1.11800 A break of this CTL (Counter Trendline) should be confirmation that we are heading lower down.

ArcusFX Updated 

Looking for shorts next week on Gold. Last week it had its pull back or consolidation and I will be lookng for the next push down towards my first target of 1285. Price has formed a pin bar on the 4hr and seems to be ready to sell off. There will be a break down of the the lower time frames in the comments below. Daily Time frame there was a bearish...

ArcusFX Updated 

Gold has rejected 1300 evens quickly however I do not see the bulls giving up so easily. Still looking for shorts. Weekly - Price came up to 1350 level of resistance and quickly sold off. Pin bar followed by a very large bearish candle. 1 Day - Formed 3 indecision candles which was a range/box and had broken out with a bullish engulfing candle. It engulfed the...

ArcusFX Updated 

Well GBP has recovered from last week, however I am still biased short atm on GJ. Currently sitting at a level I am watching and it seems to be running out of steam to push any higher. (on the hourly) However I am yet to get a entry reason so I am monitoring this current level. Also waiting for daily closure as it suggests (at current price) it will close as...

ArcusFX Updated 

Here is my analysis of NZDCAD. Shorts bias based on the weekly pin bars. Entered shorts the top of the range which has formed on the daily. If I have another rejection of this resistance I will be hoping for a break of the support and a continuation down towards the bottom of the weekly range.

ArcusFX Updated 

Price has been in an uptrend LONG term. Could be considered a bullish flag - which has now broken out. Will be looking for a rejection off the previously resisting trendline (Now support) for long positions.

ArcusFX

SP500 has rejected the resistance once again. Could be looking to see Yen pairs strenthen in the up coming week. Will be watching closely for the weekly closure to confirm my shorts. Had a small position which was entered on the 4 hour chart. Will update as we go ahead.

ArcusFX Updated 

Will be looking for shorts down to 1.84500 and will be monitoring reaction at the first supporting Trendline. Could extend shorts further down to 1.82500. - First must look for entry on pull back. - Ideally price pulls back to retest consolidation zone entry @ - 1.85800 with a 60 pip risk. Just above pennant pattern that form. - If price breaks back in to the...

ArcusFX Updated 

USDCAD has been consolidating at the supporting trendline of a weekly channel and is currently forming a H&S pattern. Two possible ways to enter would be a pull back to the 4 hour channel around 1.32 evens. or a break of the neck line of the H&S pattern. (@ 1.33500) Entry would be preferable a closure of a pin bar or engulfing on the 4 hr. Long term Targets is...