Highprobability
PITCHFORK - Forex NZDUSD Weekly Analysis March 6th - 9th 2018BUY NZDUSD
Area: Pitchfork Lower Line
Channel Pitchfork - Ascending
Entry: Lower Line
Target Profit: Median Line
Next Target Profit: Upper Line (Next Week 12th - 16th , 2018)
Stop Loss: Break Lower Line
Reward Potential:
Risk:
Setup Guide:
1. Expecting this week target price to hit median line on ascending channel .
2. You may lock profit here ( median line ) or next probability target to hit upper line pitchfork .
VERY HIGH PROBABILITY TRADE (VHPT)I have just entered a position into this trade - it is a simple a safe setup! It is around all time low with great support!
I am ready to add to this position if we get a sudden dip as well.
Short term potentials are +150%
Long term is upwards 500%
PITCHFORK - Forex GBPUSD Weekly Analysis March 5th - 9th 2018BUY GBPUSD
Area: Pitchfork Lower Line
Channel Pitchfork - Descending
Entry: Instant / 1.38100 - Lower Line
Target Profit: 1.38700 - Median Line
Next Target Profit: 1.40200 - Upper Line
Stop Loss: 1.37500
Reward Potential: 210 pips
Risk: 60 pips
Setup Guide:
1. Expecting this week target price to hit median line on Descending channel .
2. You may lock profit here ( median line ) or next probability target to hit upper line pitchfork .
PITCHFORK - CFD XAUUSD Weekly Analysis March 5th - 9th 2018BUY XAUUSD
Area: Pitchfork Lower Line
Channel Pitchfork - Ascending
Entry: Instant / 1326.000 - Lower Line
Target Profit: 1334.000 - Median Line
Next Target Profit: 1372.000 - Upper Line
Stop Loss: 1315.000
Reward Potential: 4600 pips
Risk: 1100 pips
Setup Guide:
1. Expecting this week target price to hit median line on ascending channel .
2. You may lock profit here ( median line ) or next probability target to hit upper line pitchfork .
PITCHFORK - Forex EURUSD Weekly Analysis March 5th - 9th 2018BUY EURUSD
Area: Pitchfork Lower Line
Channel Pitchfork - Ascending
Entry: Instant / 1.23000 - Lower Line
Target Profit: 1.25000 - Median Line
Next Target Profit: 1.27500 - Upper Line
Stop Loss: 1.21500
Reward Potential: 450 pips
Risk: 150 pips
Setup Guide:
1. Expecting this week target price to hit median line on ascending channel .
2. You may lock profit here ( median line ) or next probability target to hit upper line pitchfork .
3. Momentum in Euro is still high
PITCHFORK - Forex USDJPY Weekly Analysis March 5th - 9th 2018SELL USDJPY
Area: Pitchfork Median Line
Channel Pitchfork - Descending
Entry: Instant /105.600 - Median Line
Target Profit: 103.400 - Lower Line
Next Target Profit: NIL
Stop Loss: 106.500
Reward Potential: 220 pips
Risk: 90 pips
Setup Guide:
1. Expecting this week target price to lower line .
2. Risk Sentimen on YEN (Risk-Off Trade) . Bear in control .
3. DXY 0.04% quickly reverted the recent upside and dropped to sub-90.00 levels .
4. Trump-related headlines, JPY-buying keeps weighing on USD .
PITCHFORK - CFD XAUUSD Weekly Analysis Feb 26th - Mar 2nd , 2018BUY XAUUSD
Area: Pitchfork Lower Line
Channel Pitchfork - Ascending
Entry: Instant/1336.000 - Lower Line
Target Profit: 1368 - Median Line
Next Target Profit: NIL
Stop Loss: 1325
Reward Potential: 3200 pips
Risk: 1100 pips
Reason: Price rebounce sharply on lower line pitchfork , retested on lower line and failed to breakthru lower line.
Target price to hit median line
PITCHFORK - Forex EURUSD Weekly Analysis Feb 26th - Mar 2nd 2018BUY EURUSD
Area: Pitchfork Lower Line
Channel Pitchfork - Ascending
Entry: Instant/1.22900 - Lower Line
Target Profit: 1.24900 - Median Line
Next Target Profit: 1.26500 - Upper Line
Stop Loss: 1.22500
Reward Potential: 360 pips
Risk: 40 pips
Reason: Last weekly analysis hit our target price on median and made reversal on median line descending channel. (refer last week analysis)
Expecting again this week target price to hit median line on ascending channel , you may lock profit here or next probability target to hit upper line pitchfork .
PITCHFORK - Forex GBPUSD Weekly Analysis Feb 26th - Mar 2nd 2018BUY GBPUSD
Area: Pitchfork Lower Line
Channel Pitchfork - Ascending
Entry: Instant/1.40300 - Lower Line
Target Profit: 1.42600 - Median Line
Next Target Profit: 1.45600 - Upper Line
Stop Loss: 1.39000
Reward Potential: 530 pips
Risk: 130 pips
Reason: Last weekly analysis price unable to reach median line and made reversal and break upper line. Opportunity to trade outside the line (refer last week analysis)
Target price to hit median line , you may lock profit here or next probability target to hit upper line pitchfork .
DXY US Dollar Index Weekly Forecast2 Situation here from pitchfork technical analysis
The dollar was higher across the board as Fed Chairman Powell stayed in line with existing stance regarding monetary policy, but somewhat hawkish tone firmed the greenback, which lacked spark for stronger rally, expected on more hawkish tone from the testimony. However, dollar’s recovery attempts may run out of steam as Powell did not provide any signal of more significant steers in the US monetary policy, regarding increasing pace of tightening in 2018.
1. Pullback from Median Line to Lower Line signal a weakening momentum.
2. Price break Median Line would generate stronger bullish signal.