pav4ito

pav4ito

GBP/JPY is currently in a downtrend. As always within any trend, there are corrections. We are currently in a correction. I personally am expecting more downside unless market structure changes. We are currently at a key level @147.837, if this level holds there may be more upside. However if it breaks the level we will be expecting more downside. Trade safe traders.

pav4ito

AUD/CAD Recently rejected huge resistance/trendline levels. Currently in a Head and Shoulders pattern. Only when neckline is broken is a good time to short. If market structure changes then the idea is void. Trade safe traders.

pav4ito Updated 

AUD/USD is in a downtrend. Currently in corrective strucutre, also hitting a trendline (bearish) waiting for a trendline rejection and a break of the bearish flag we are currently in. If the bearish flag breaks out to the upside the trade idea is voided. Trade safe traders.

pav4ito

EUR/JPY has broken a very important trendline. On the one hour we can see the formation of a bearish flag which further signifies movement to the downside. If we look on the daily we can see that there is an even bigger trendline around 1500pips away (downside). We have just broken the 4H trendline and are correcting, which is good. Good time to sell back down to...

pav4ito Updated 

XAU/USD currently correcting, in a downtrend. Good time to sell is when it breaks the corrective structure. Trade safe traders.

pav4ito Updated 

NZD/JPY broken trendline with a heavy bearish push. If this continues there will be a good 200pip drop up for grabs. Wait for a small correctiong before entering a sell trade. If the stucture changes the idea will be voided. Trade safe traders.

pav4ito Updated 

GBP/JPY has good potential to drop around 300 pips. Just broken trendline. Awaiting a bigger drop. If structure changes avoid the trade. Wait for a good sell opportunity. Trade safe traders.

pav4ito Updated 

EUR/JPY is approaching key trendline, if the trendline is broken and price corrects. We could we looking at a big sell opportunity. Trade safe traders.

pav4ito

GBP/AUD Confirmed Downside? Just Broken small corrective structure, there is small resistance where i've placed the small yellow line, if it also breaks the yellow line this would confirm the downside. Good downside potential on this setup. I see roughly 200pips worth of downside movement, if not more. Trade safe traders.

pav4ito

XRP/BTC is in a big sideways move. Usually if a currency pair is ranging for this long we should be expecting a big move to happen to break the consolidation. With the next big move we can see where the price is going to go. For now it is unclear. Trade safe traders.

pav4ito

GBP/JPY what im seeing is a short term move to the downside to test key support levels. If it rejects we could we looking at a lot of upside potential. Currently in corrective structure so this means its a good sell setup. Make sure to sell when it breaks the corrective structure. Trade safe traders.

pav4ito

BTC/USD is in a wedge pattern, this is simple. If it breaksout to the upside, then we will be expecting it to go up. However, if it breaks to the downside, then we are expecting a bearish move. Watch for what happens after the break, if it starts correcting then it will confirm the way in which it brokeout. Watchout for price rejection levels. Trade safe traders.

pav4ito Updated 

Broken key resistance, the key resistance will now act as support. Looking for a bounce from this key support/resistance level. (Restest). Now in corrective structure which confirms the upside. Wait for a break before entering a buy trade. Trade safe traders.

pav4ito

CHF/JPY Broke key resistnace. After key resistance is broken we are expecting to retest the same resistance level. We are now in corrective structure which is good. Im expecting a sharp move up as we are nearing the end of the corrective structure. Trade safe traders.

pav4ito Updated 

USD/JPY is at a crucial level (hitting the trendline) the next moves will indicate what diraction USD/JPY will take. If it rejects the trendline then we are looking to sell, however if it breaks the trendline and corrects then we will be looking to buy. Trade safe trades.

pav4ito Updated 

Small corrective strucutre, I do believe there is a bit more upside to this currency pair until we reach the key resistance level. Trade safe traders.

pav4ito Updated 

Fifth wave of the elliott waves. More downside expected. Weaking of dollar.

pav4ito Updated 

EUR/USD has broken a key trendline. It is now retesting it, if the retest is successful and it bounces from the trendline, we are expecting to have a short term sell setup. This is how you confirm that there is downside after a trendline is broken, it breaks, retests and then starts to go down. Be careful with the sell trade as I do believe that it is short term....