heads up GBP rate decision in 10 hours
All, I don't usually post about OIL but watching the demise of USDCAD and DXY over the past few weeks; I had to look at it. Please be careful as there are signs that strength COULD BE picking up in oil. I'll be on the sidelines until further direction is confirmed. Your comments and questions are always welcome.
Hey Mates, Here we have a couple of harmonic possibilities, I'm short once the price breaks the blue trend line. Taking profits and watching price action at 38.2 retrace. Will update. If you take the trade make sure it's because your rules say so. GL and happy pippin!
Mates, NZDUSD made a pretty critical turn yeserday 6/14 and has a bearish engulfing candle going today on the daily. I entered short at the very tip, but I think it is still good. If you enter, wait for a bounce and make sure it aligns with your own trading strategy. Good luck and happy pippin!!
Mates, Not much explanation needed. I see this going down to 1.25 area... happy pippin! Cheers! - C
Hi Mates, Here we have two possibilities in AUDUSD... I will update as I see the price action develop. No trades will be taken until a structure completes. TPs will be posted. If you take one of the trades make sure your strategy confirms it. This is not a trading signal. Good luck and happy pippin!!
Hey Mates, First off, I apologize for the busy chart above! In my excitement for the very important support that (looks like) will hold after the break out of the sideways channel and the AB=CD pattern sellers have taken profits - there seems to be a fresh supply of buyers. Very important is the price that the AB=CD sellers took profits because it is...
Hi Mates, Here we have two possibilities in EURJPY... The bullish butterfly will complete at the bottom of the pink structure if price action does not reverse course at the blue box, indicating possible completion of the bearish butterfly (the grey structure). I will update as I see the price action develop. No trades will be taken until a structure completes....