WolfofElCerrito

WolfofElCerrito

USD BEARS GETTING HUNGRY. BULLS TAKING PROFITS, SHORTING SEEMS LIKE A GOOD IDEA. TRAIL YOUR STOPS INTELLIGENTLY AS PRICE COULD REVERSE INTO BULLISH DIRECTION AT ANYTIME.

WolfofElCerrito

Buy the breakout might seem like a good idea Expecting greenback strength across all currency pairs However the USD/CAD more often than not has a mind of its own.

WolfofElCerrito

Price action has leveled off and showing signs of bullish direction. Probobly rate cut coming up tonight could skyrocket this pair!@# Also this pair has finished correcting and ready for another leg up!

WolfofElCerrito

After retracing a bit to make daily highs, I still think EURO a bit more to go to test bearish trendline before fall.

WolfofElCerrito

pink trend line was once resistance now support to carry this pair to new highs hopefully. Over all trend is bullish.

WolfofElCerrito

broken corrective trend line indicates price actions to .618 retracement

WolfofElCerrito

Shorting GBP/USD Sterling weakness among all currency pairs

WolfofElCerrito

Watching price action closely as it can skyrocket at any point. Shorting the pair currently and hoping to get to 50% retracement Don't think pair will hit 0.76800 in 1 impulse move, expecting another correction some where along 1.272 1.618 and then another move up hopefully!

WolfofElCerrito

Not sure how much price is going to drop before the impulse up Expecting price action to drop to at least 23.6% fib if it does I want price action to break minor support turned resistance level to indicate possible move to 1.272 extension. Stops below critical zone

WolfofElCerrito

After capitulating last friday bulls are poised to take back some ground lost. Overall my trend bias is bullish My prediction is that price action will AT LEAST hit psychological level of 1.31000 Retrace a little bit and then sky rocket to a FIBONACCI CONFLUENCE - MONTHLY 38.2% RETRACE -1.271 FIBONACCI EXTENSION

WolfofElCerrito

EUR/AUD holding nice bullish trend line.

WolfofElCerrito

GBP/NZD showing nice Elliot Wave Confluence Price action showing direction to previous resistance/support level Currently short, but watching candles closely break my support zone to ride leg 5. ABC Retracement to follow soon after...

WolfofElCerrito

Price action has finished correcting. Seeing the pair hit the 1.272 fibo extension

WolfofElCerrito

Overall encompassing trend is bullish However, as of recent price action failed to validate a bullish pennant structure formation. Looking to get in on a corrective retracement

WolfofElCerrito

GBP/NZD just broke a major bearish trend line Price action showing bullish momentum Trend Continuation Trade As of now on the 15 min chart, GBP/NZD is correcting; Looking to enter at 23.60% Fib

WolfofElCerrito

Predicting one more leg down to meet the bullish trend line depicted in the chart. NFP and Unemployment event risk might instigate this move.

WolfofElCerrito

Bullish trend on daily timeframe However look at price action failing to make new highs. Head and shoulders patterns forming Heading to 6.980's?

WolfofElCerrito

Overall encompassing trend is bullish. Waiting for this pair to consolidate some more to go long at the psychological 0.74000 Key Level