AUDJPY 2HPrice broke out of daily uptrend line & 4 hour wedge pattern, waiting for a retest of counter trend line (pink line) for continuation to the downside..
Ctl
EUR/USD Short- Monthly M.A. up
- Weekly M.A. up
- Daily M.A. down
H4 : Looking for a break and retest of the C.T.L. Expecting price to fall down to Monthly level of support at 1.1450.
Invalid if price breaks above 1.1693.
USDCAD LONG- Monthly M.A. down
- Weekly M.A. down but moving closer together
- Daily M.A. up
Wait for price to bounce from one of the Ascending Trend lines. 61.8% FIB zone preferred.
This play comes in alignment with the Dollar Index.
Only enter this trade from a break of the C.T.L and retest of one of the FIB levels or C.T.L.
*This trade will be invalid if price falls below 1.2500
AUDUSD 4HPotential short opportunity again, price rejecting the 50 fibonacci level & counter trend line. Watching for a daily close so far it is looking good : )
GBPJPY 60Bounce off CTL & 61.8 fib level again, will only look to long once a break of the counter trend line. Other wise my bias remains bearish.. GBP news in a couple hours something to watch closely
EURNZD 2HCounter trend line rejection.. good RR opportunity here. Keep in mind we have NZD news tomorrow that will have a big effect on the market.
EURJPY 2HPotential scenario here we could get a potential shorting opportunity here on the 3rd touch on the CTL. Double top to daily resistance & Daily uptrend line break & retest is showing a bearish outlook to this pair.. Keep in mind 132.000 area is a very strong support zone
GBPJPY Weekly Outlook 0th November 2017We have seen the pair have a bullish run and have some corrective waves form. This has given us a very bullish looking Flag / pennant formation.
Price has been respecting the ascending daily trend line creating Higher Highs and Higher lows. The is some further confluence with a 0.618 fib at the trend line and where price has recently rejected and fail to break lower.
This could be a abc wave up to recent daily highs of 152.800
THE WEEK AHEAD: SEAS, CTL, SQ, M EARNINGS; TEVA (NON)SEAS announces earnings on 11/7 before market open, with an implied volatility of 71%, which is at the upper end of its range over the previous 52 week period. The November 17th 11 short straddle is paying 1.37 at the mid with a comparable iron fly probably not paying enough to make it worthwhile (less than 1/4 the width of the longs).
CTL (implied volatility of 62%; at the top of its 52 week range) announces on 11/8 after market close. The quasi-short straddle or tight short strangle 16/17 in the November 17th expiry pays 1.27 with break evens slightly wide of expected move. As with SEAS, the iron fly doesn't pay enough to be worthwhile ... .
SQ also announces on 11/8 after market close. With an implied volatility of 55, it's in the top quarter of its annual range. The November 17th 33/42 short strangle camped out at around the 20 delta strikes yields 1.03 in credit, implying that a defined risk play like an iron condor won't pay one-third the width of the wings, although it may be worth pricing it out closer to earnings.
M announces on 11/9 before market open (implied volatility 55, top quarter of range). The November 17th 18/19 tight short strangle/near short straddle pays 1.43 at the mid, with break evens wide of the expected. The November 17th 14/18/19/23 comparable defined risk iron condor/fly play pays 1.86, which is close to 1/4 of the width of the longs, so worth a check shortly before the announcement.
TEVA's earnings are in the rear view mirror, but its implied volatility remains elevated here at 65 -- at the upper end of its 52 week range. The December 15th 30 delta strike at 10 pays .30 as a potential short put/acquire/cover play with a cost basis of 9.70 in any acquired shares. For the patient and/or fearful of the possibility that this company's another VRX, going monied covered call out of the box with a share purchase here at 11.40 and a sale of the March 16th 10 call would cost 9.06 to put with a max profit of .94.
EURGBP 4HPotential setup will be looking to sell near daily resistance, but be mindful since the pound tanked it could remain weak but at the same time strengthen because rates were increased.. I will be watching this setup
NZDCAD 4HPrice bounced off its daily uptrend line & strong support. I am watching for a break the CTL before going long.. NZD News later today lets see if we can get a strong push to the upside first target at the 61.8 fibonacci level !
BTC/USDLONG
First time analyzing this pair, thought I would post just to share. Please do not use this as advice or confluence for your own trade.
CTL - Upward momentum Long from $26.13 to $32.73CTL breaking upward nicely. It has very strong Moneyflow. We think it has good upside potential from here.
* Trade Criteria *
Date First Found- June 12, 2017
Pattern/Why- Upward momentum Long
Entry Target Criteria- Break of $26.13
Exit Target Criteria- 1st Target $27.87, 2nd Target $32.73
Stop Loss Criteria- $26.13
Please check back for Trade updates. (Note: Trade update is little delayed here.)
CTL - Flag formation long from 26.13 to $27.87/32.73From our trading room-
Flag formation long from 26.13 to $27.87/32.73
GBPUSD at 0.618 Fibonacci level GBPUSD
Bearish bias
downtrend
closed below FIB
The EMA's confirm a strong uptrend. A break of my CTL will confirm shorts. If 1.24 is broken and re-tesed then i will be bullish. But time will tell.
Long CTL. www.tradingview.com
As the chart explains.
As yields fall, certain sectors do better. Example, telecommunications.
Targets in green lines.
USD/JPY - LONG The pair is forming a pullback on recent bullish momentum over the past few weeks however a break to the upside will trigger a long entry.
MA crossover on 4hour TF showing confluence to the upside.
Wait for CTL breakout to go long.
Target: 118.600 just below -61.8% fib.
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NZD/USD - SHORTBearish bias on NZD/USD with the continued dollar strength into the new year. We had the breakout of the triangle structure on the 1H time frame which would have been an ideal entry however i am now short on the 4H breakout of the longer CTL with downside targets of 0.68600. A break below 0.68550 could seen further downside movements.
- Other pairs i am watching:
- USD/JPY LONG
- EUR/GBP SHORT
- EUR/USD SHORT
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SilverImpulsive bearish candle broke and closed below MA, followed by smaller white candles (potential corrective moves).
Looking for short at break of CTL next week.
GBPJPY REACHING 164.00After finishing an ABC pattern GBPJPY looks like its turning bullish and heading towards 164 area at least.We have divergence on H4, and I'll be looking for buy setups on lower timeframes after the trendline breaks.
