ForexDaGoat

ForexDaGoat

WE HAVE NOW REACHED OVERSOLD TERRIORTY ON OUR BULLISH TRENDLINE. FIBONACCI LEVELS HAVE BEEN IDENTIFIED BASED ON THE LAST BULLISH IMPULSIVE MOVE. PLACE SELL ORDER WITH STOP LOSS AT WEEKLY RESISTANCE LEVEL/-27% EXTENSION. WE WILLCONTINUE SELL POSITIONS UNTIL TP IS REACHED AND THE TRENDLINE RESISTANCE ZONE IS TOUCHED.

ForexDaGoat

Monthly time frame shows large amount of selling pressure with heavy amount of pin bars indicating sell sensitivity. Price has broken consolidation after exhaustion. We are expecting price to re-test its previous consolidation show and fail and continue a downward Push to its Monthly resistance zone. 4:1 Profit Target SL: 82.247 Entry: 81.11 TP1: 78.32 TP2: 75.56

ForexDaGoat

We are now in retracement stage. 4Hr remains in strong downwards momentum. We can expect price to rerace into the POR Zone (38.2%-61.8%) and then continue its downward momentum. Stochastics are oversold. Great Opportunity for 4HR long trade until donwntrend continues.

ForexDaGoat

We are now in retracement stage. 4Hr remains in strong downwards momentum. We can expect price to rerace into the POR Zone (38.2%-61.8%) and then continue its downward momentum. Stochastics are oversold. Great Opportunity for 4HR long trade until donwntrend continues.

ForexDaGoat

4HR top to Bottom Fib drawn. 61.58 retracement is in confluence with 4Hr Support of 11.80. If the bullish momentum continues we can expect a price reaction to occur in the POR zone indicating that the Bulls are regaining the control over the market therefore entering a long position.

ForexDaGoat

GBPUSD Enter On Pullback for continuation of Downward Trend Withing 4hr R/S Zone

ForexDaGoat

GBPAUD now has a lower high, however no lower low. A Fibonacci has been drawn from the last bearish impulsive move.If the correction in fact does cease in the POC zone, the pull back is complete and we can expect price to head north to the FIB Extensions Targets.

ForexDaGoat

EURUSD was rejected b 78.6% retracement of 1.1780 sending price to the downside. Price is currently at both Monthly Support and 61.8% retracement of 1.1650. If this 61.58% level holds and the correction is complete, price will rebound to the upside with a FIB D1 Extension target -27.00%. However, a Break of the monthly support zone will argue that bears are...

ForexDaGoat

USDJPY INSIDE BAR SIGNAL. SAFE TO SHORT

ForexDaGoat Updated 

NZDUSD has completed ABC pullback to C-Retreacement of (61.8%). Therefore we can expect price launch to the downside with projected Extension targets of 0.6790 (-27%) as target one and target two as 0.6780 (-61.00%).

ForexDaGoat

EURUSD has completed ABC pullback to C-Retreacement of (78.6). Therefore we can expect price launch to the downside with projected Extension targets of 1.1670 (-27%) as target one and target two as 1.1650 (-61.00%).

ForexDaGoat

EU 4HR PULL BACK COMPLETE AT THE 50% FIB RETRACEMENT LEVEL WICH IS ALSO IN CONFLUENCE WITH THE PRIOR LOWER HIGHS SUPPORT LEVEL. WE CAN EXPECT PRICE TO CONTINUE ITS BULLISH MOMENTUM HEADED TO OUR D1 FIB EXTENSION -27% (1.1820) OUR MONTHLY SUPPORT ZONE.

ForexDaGoat

GBPUSD Critical bearish reversal region. I believe if we can stay below Fibonacci Swing 50% 1.330 Price will be launched to the downside. You can see the bearish pinbar in our reversal region signifying that the bulls are losing steam. The 50% fibonacci level is also in confluence with prior Resistance Zone. If this reversal region does old and the pullback is...

ForexDaGoat

NZDUSD FAILING TO MAKE ANY HH CONTINUING TO MAKE BOTH LL AND LH. EMAS CROSSING ON H1 NZDUSD TO THE DOWNWARDS SIDE LAUNCHING PRICE EVEN MORE SOUTH. I WILL BE CONTINUING TO MONITOR POSSIBLE PULLBACK ENTRIES FOR YOU ALL! PUT STOP ABOVE LAST LH.

ForexDaGoat

RETRACEMENT LEVELS ARE IN CONFLUENCE WITH BOTH UPWARDS TREND AND DOWNARDS TREND. WITH .618 RETRACEMENT AND -27% FROM DOWNTREND (D1) 78.8'% RETRACEMENT LEVEL IS ALSO IN CONFLUENCE WITH DOWNWARD TREND -61.8 LEVEL. BOTH LEVELS ARE SIGNIFICANT AND IF PULLBACK OCCURS AND EITHER OF THESE LEVELS HOLD WE CAN EXPECT PRICE TO LAUNCH UPWARDS TOWARDS ITS 4HR RESISTANCE ZONE...

ForexDaGoat

EURUSUD HAS BEEN TRADING IN A RANGE WITH NUMEROUS TOUCHES. CURRENTLY PRICE IS AN UNPTREND AND HAS YET TO BE BROKEN. WE CAN EXPECT PRICE TO PULL BACK TO ITS LAST HIGH AND LAUNCH UPWARD TOWARDS ITS RESISTANCE OF 1.18010.

ForexDaGoat

EUR/USD seems to be completing an ABC pattern. We are watching both the 38.2% and 50% retracement as they are near Monthly Support 1.1660 which is holding well. If these retracement levels hold this will launch price to a new high territory near D1 Target 1.3150. We can expect price to hault as there as we will be at a Monthly Resistance level of1.3200. If...

ForexDaGoat

EURUSD tested its resistance at 1.17100 where rejection was seen. Price could potentially drop to trendline. A rejection of trendline would cause EURUSD to potentially drop to its support at 1.16408. Stochastic showing divergence and downwards reversal.