Pentaglottis

Pentaglottis

Hi, I see a very nice opportunity for AUDJPY. The bottom indicator is a Squeeze Indicator that shows in form of compensating waves the price direction. IMO a very nice entry oportunity showed up at 78.00. With a SL around 77.80, my aim for the 10 May or hopefully earlier is a hit at 79.30 for a nice 130 pips grinding :) Enjoy, P.

Pentaglottis

Hi! I see an interesting moment for GBPUSD. Volumes spiked on 18 April and I see a bearish push toward 1.2865, where GBP found subsequent Longs opens. Some of those Longs already cleared today around 1.3050 area, but I see as well more Longs opened in this area as the pair touched 1.3080 area. The range of the last hour still constitutes a good are for...

Pentaglottis Updated 

Hello Everyone, I have been exploring EURUSD charts back in the history to find an area with similar patterns. Please have a look back at the period 2017-05-17 to 2017-06-23 with daily bars (STAGE ONE) It may be possible that EUR will swamp in this swing between 1.1125 and 1.1280 for a couple of days and may require a break and a closure around 1.1330 area as...

Pentaglottis

Looking at today's EURUSD upward movements and checking if it finds some support between 1.1225-1.1240