TevinW

TevinW Updated 

Target area represents 0.618 retracement and mid zone of trading range Price broke past mid zone of inner channel and 0.886 retracement S/L below bullish prior signal bar on 2hour time chart @0.96697 T/P at confluence zone @0.97627 area RSI confirming upward price strong momentum Risk/Reward 1:3 (Sorry for the messy chart hehe)

TevinW Updated 

You can either wait for gold to reach the top of the channel to initiate sell position or for a strong bearish signal from resistance area shown - indicating a shift of the market to the bears. Target is previous low which coincides with measured move of prior trading range break and midline of the channel. Risk/Reward 1:2.5

TevinW Updated 

Price bounce from mid trading range and channel zone heading towards 1.618 extension of lowest low and following higher high. 1.618 extension is also upper resistance. 1.272 extension turned into support from previous resistance You can take the buy and set your target to that area or wait for price to reach that point and watch for potential sell reversal...

TevinW Updated 

Trade 1: Wait for price to reach median trading range line/near top of support area and enter on bullish momentum Risk/Reward to Target 2: 1/3 Trade 2: Wait for price to reach major trend line/near bottom of support area and enter on bullish momentum Risk/Reward to Target 3: 1/7

TevinW Updated 

USDCHF support area confirmed with mid range line and 50 fibonacci retracement Target area 0.618 fibonacci retracement matches with mid channel line Risk/Reward 1:2

TevinW Updated 

Major Support + Triangle break of EURUSD indicates price may head towards the following targets: Target 1: 1.272 extension of previous low and high + coincides with pivot low/bottom touch of triangle Target 2: 1.618 extension of previous low and high + coincides with pivot low/bottom touch of triangle RSI indicates strong momentum heading down. Risk/Reward 1:4

TevinW Updated 

GBPUSD price moving towards 50 day moving average and 50% fibonacci retracement after target 1 reached (which represented measured move from channel breakout). Move up represents pullback which may turn into longer term sell once reached. Also represents c move in elliot wave.

TevinW Updated 

Channel breakout and retouch plus measured move of prior channels indicates target level at 61.8 fib level. Also, watch price once it reaches that area for a potential rebound.

TevinW Updated 

Breakout from channel plus retouch at the bottom, turning previous support into resistance. Set target at 61.8 fibonacci retracement level.

TevinW Updated 

Possible bullish Gartley pattern forming on the hourly chart with the below confirmations: AB - 61.8 fibonacci retracement of xa BC - 78.6 fibonacci retracement of ab CD - pending 127.2 fibonacci extension of ab Sell completion of d leg with targets at prior pivot bottoms.

TevinW

Hi traders, Looks like we're having a possible bearish butterfly pattern forming due to the confirmation of the below rules: AB: 78.6 retracement of XA BC: 50.0 retracement of AB CD: possible 1.272 retracement of XA CD leg also coincides with extreme pivot high (no.1). Watching for break above 50 fibonacci retracement. If confirmed, you can trade the...

TevinW Updated 

EURUSD heading to psychological area 1.17500 - 1.17600. 1.17600 may be the best target as it coincides with the trend line and fibonacci retracement.

TevinW Updated 

Fibonacci retracement 50 previous support acting as resistance Measured move down from breakout measured to the 0.786 retracement Conservative target set at 0.618 Expect some slight pullbacks * Confirming my prior analysis of the head and shoulders neckline break on the Weekly.

TevinW

A-B: 78.60% B-C: 38.2% - 50.0% C-D: 161.80% of B + evening star formation Targets: 38.20% and 61.80% fibonacci retracements of AD.

TevinW Updated 

Possible formation of a head and shoulders pattern on the AUDNZD on weekly chart. Buying momentum decrease in lower time frames confirming resistance. Wait for proper sell signal on weekly to enter trade.

TevinW

Target 1 hit - channel break measured move Target 2 - next key price level Target 3 - measured move from previous range break - coincides with 0.236 fibonacci retracement Wait for break below 0.382 - supported on lower time frames Supported fundamental analysis - rising dollar

TevinW Updated 

Previous Support turning into Resistance of Trading Range that experienced breakout + measured move. Also, confirmation as 50 retracement area of fib tool. Watch for confirmation of candlestick and take short position with risk reward for first target as 1:1 and the second target as 2:1

TevinW

Go long, with 100 moving average acting as support and 50 day moving average as support.