RealistFX

RealistFX

This is what I'm after. The pullback will be brutal, has to be with how extended the market is. And I'lltake the 1:40 when it happens

RealistFX

weekly, daily, 4hr. all key here. Weekly shows that for the 2nd week in a row, price rejected the 1.40 level. Daily is showing good corrective candles. 4hr is showing a small zone of support, but I'm more interested in the daily below which would be the safer buy for the next impulse.

RealistFX

Check the out on the Daily, huge fakeout of the channel and solid rejecting of both the key 0.87 level and 61.8% Fib area. Will add sells once the 4hr is broken and 382% fib area to target both weekly supports, taking partials at the 1st.

RealistFX

Solid sell off of the Aud dollar back end of this week due to golds fall but expect technicals to take over here on EA for more downside within the channel.

RealistFX

Expecting a swift rebound for the Euro here, all dependant on the Dxy obviously.

RealistFX

Would love to see that area revisited here for about a 1;15R to the next level of resistance. Very oil dependant, keep an eye on OPEC meeting.

RealistFX

Fancy a short term long into the weekly res here. Take a look at that wick on the 1W chart from last week, it's juicy. Entered a zone of consolidation here, see if it breaks to the highlighted fibs or bounces

RealistFX

A lot going on here with the Aussie dying this week. We have a trend line, dating back to the March crash. Then we have a zone of consolidation between the daily support and resistance. All depends what holds, the short term 61.8% or whether we go to revisit the long term swing 61.8%. Given how extended the markets are, I'd fancy shorts all day here!

RealistFX

Expecting a continuation of the H&S identified last week.

RealistFX

Looking for the pullback which lines up perfectly with the previous lows of structure.

RealistFX

Expecting more pound strength this week as Boris sets out the reopening plan. Looking to trade the next impulse up, just depends on how deep the corrective phase drops.

RealistFX

Possible ending diagonal here? Both scenario's plotted, Pound been on a tear lately.

RealistFX

Just looking for the next pullback!

RealistFX

We've broken the previous daily lows, and we're seeing the retest now!

RealistFX

Here's both the short term and long term moves on GU with the expected weaker Dollar. I do think we're due a pullback the market is so hyper extended GBP vs safe havens.

RealistFX

10 Bullish weeks in a row, when the UK economy is very much lagging behind everyone else. Surely it's due a pullback? Prepared for both scenario's. Looks a very good buy the dip scenario here to be honest classic TL touch, 61.8 area and 4hr support.

RealistFX

So the Downtrend from the March highs is still being respected on the daily timeframe. Within this channel, we have a good bearish confluence on the 4hr TF with the H&S forming, off that 4hr resistance. This should couple with the US stimulus to further weaken the dollar.

RealistFX

0.88 looks great sells. 4 confluences!