ScottLewis512

ScottLewis512

USDCHF approaching Resistance Level. A move downwards should be coming very soon to continue the daily Head & Shoulders, and then we should see another move to the upside.

ScottLewis512

GBPUSD is approaching the an area of support, and an area of demand on the daily chart. Potential Bullish Movement. Wait for reversal candlestick patterns inside of zone and potentially a candle to close above the zone for an opportunity to go long on the retest. This is not investment advice, this is educational.

ScottLewis512 Updated 

The Euro-Dollar is looking to continue the downtrend after a short bullish retracement, looking to continue down after hitting the 23.6 FIB. This level, at 1.14400, is the recent support-turned-resistance, after the most recent bearish breakout. Looking for it to continue bearish until the daily support level at 1.13030. Please trade at your own risk. This is for...

ScottLewis512

USDJPY has been uptrending while forming a rising triangle. I see reversal at 114.400. This is a swingtrade. Please trade responsibly.

ScottLewis512 Updated 

GBPUSD Broke Support, and reversed trend direction on the 4h chart. It broke the 68.2 Fib Retracement and I am looking to enter a short position at the most recent support-turned-resistance, as well as simultaneously the Fib level, at 1.29163. Trade at your own risk.

ScottLewis512 Updated 

The USDCAD may be finishing its bull run and falling back down into the daily bearish channel. The price has just completed a Double Top pattern on the bearish trend line, which also resides on the deep 78.6 Fibonacci retracement level. My first target is at 1.30330, other targets follow at 1.29855 and 1.29080 respectively. Trade at your own risk and expense.

ScottLewis512

Please do not take this trade. Curious to see how the market plays out. USDMXN approaching strong demand and resistance levels. Consolidating currently below resistance.

ScottLewis512 Updated 

Gold has slowed down after its impulse buy off earlier this week. The price has now double topped (4HR) at the top of the downtrend line, the 38.2 FIB Retrace and a large resistance from earlier this year. Trade with caution. Manage your risk. Looking for a short down to 1206 with stoploss at 1239.

ScottLewis512 Updated 

Potential Double Top on the Kiwi-Dollar, coming up to touch the recent resistance, as well as the 61.8 Fibonacci Retracement Level. Looking for bearish movement to the next support level of the previous Bull Retracement, at 0.65400, potentially down to 0.64270.

ScottLewis512 Updated 

The Dollar-Yen is looking for a continuation of the longtime uptrend. D and 4HR timeframes show potential continuation after rebounding off said trend-line. A look on the 1HR Chart has shown an Inverted Head & Shoulders candlestick pattern. The bearish retracement of the most recent swing of the uptrend has came to consolidation on the 61.8 Fibonacci Level. Target...