alim_97

alim_97

simple abcd on this pair

alim_97 Updated 

Usdcad short been pending for a while, choppy but still believe it's heading for the support at 1.2850. Will not be entering this until i get a 4hour or daily close below 1.3. Stops above most recent LH +50 ema. Also for extra confluence, watch oil looks like it's going to $55 and to make new highs.

alim_97 Updated 

Been watching this pair for a while now, looks as if it's in a descending channel on the daily and 4hr but there is confluence of potential upside as there were many wicks thrown down on the 61.8 upward fib but after a potential breakout to the upside it seem's chf was to weak to push cad up. There is a typical reversal patten on the 4hr bullish candle, doji, then...

alim_97

with gbp looking like a short, this i looking to go back up, W formation as well.

alim_97

Oil been choppy but looks like we're finally getting somewhere. Stuck in a range but i feel with this dollar weakness it's time for oil to make new highs. Once we get a 4 hour close or daily above 54.26( key price lots of wicks thrown up here) i'll be going long on oil to make new highs. I feel it'll break, retest 54.26 and then go on to make new highs. Stops...

alim_97

GBPUSD seem's like it's bullish run is complete from when Theresa may spoke, Managed to it 0 fib but not the extension D1 of 1.2750. Now it's testing the Tl Im expecting a break and a pullback to test the trendline before going short. Article 50 revoked so brexit happening now which could pull more investors out the pound. EMA's crossover will be another...

alim_97

As we've seen in the past week Gbp gained strength but after article 50 was said to be declined or something, we know that brexit is definately happening now causing investors to leave the pound. As we know Ftse and Gbp and inversely correlated and we have an ABCD pattern so it looks like Ftse is going up to make the D leg and new highs. Will not be entering this...

alim_97

Descending channel and with dollar weakness it looks like it's heading for 110 which could be the next turning point for the dollar. As soon as 112 breaks we should see 110 quickly but it's been stuck around this price for a while so we'll see how it plays out. Stops above TL, 50 EMA & 50 FIB.

alim_97

Similar Setup to NZDJPY, TL break, Retest & continuation, should be heading to monthly supports around 120 price. Stops above 50 ema and at 50 fib. Entry will be at market open

alim_97 Updated 

based off weekly tl it looks like we can see gbpusd rising to the trendline or hit the 61.8 fib and continue it's downtrend to D extension at 1.2050. Nfp may help this if we can get positive US data

alim_97

In this chart we can see oil descending in a downtrend and found support at 50.72. It seems like Oil is retracing up to make another swing high to continue it's downtrend. We can see we had a rejection of 78.6 fib but has thrown 3 wicks down at the 50fib trying to break it but has found support. If we cannot break this, we could see potential upside movement to...