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EUR/GBP - SHORTPotential short setup on the 1H time frame, we have had a 61.8 fibonacci retracement and are now set for a counter trend line break, if we see a break below this trend line i will be looking to go short.
DXY: USD LongThe Dollar has made new highs and with 2017 being a potential year for more rate hikes there are really no sign to not long the Dollar. I believe the dollar will make its way to test the trendline on the weekyl/monthly time frame. I would wait for a pull back into previous resistance/now support to enter long.
EUR/CAD - SHORTPotential for a nice short trade of 200 pips or more from this setup. Just broke out of the daily corrective structure to the downside. Now in a period of consolidation and moving sideways in the market. Will be looking for a break of the consolidation on the lower time frames to get an entry on this one.
Let me know what you think.
U$DCHF TREND BREAK SHORTIm going against the rally of the dollar and bullish bias of this pair looking for a nice retracement short. Rejection on and break back into the previous longer trendline Also we have a BB% trend break wich validates this idea.
GBP/USD - LONGAdjusted long entry after we didn't see the break of the 61.8% fibonacci as shown on previous post. Will now be looking to enter long on the rejection of the TL.
Let me know your thoughts.... breakout or reversal?
Long but better to wait 4-6 hoursSnake around trend line.
Expecting Cobra attack ! Up!
S1 29900
TP1 131200
TP2 131600
TP3 132600
TP4 133400
Trading view: USDJPY 09/06/16WAIT for the BO, then WAIT for the consolidation/retracement and ENTER in the BO of the consolidation --- this is the WWE pattern :)
Don't miss that trade. Really nice risk reward.I looking for price action about 0.70500 zone, maybe a pinbar on beeb bearish outside bar.
Potential triple top on daily.
USDJPY SHORT IDEA 1:2 USDJPy has pushed through horizontal level @ 109.68 to now test strong daily trend line currently seeing indecision.
if price can break below 109.85 showing strong continuation... looking to take short a position with stops at previous 8 hour candle high 110.48
1:2 targets
USDJPY: More Weakness Could Be In StoreIf our view above is correct then JPY will gain even more in the next few sessions or even days. That said, we will keep a close eye on USDJPY for possible shorts after a pullback as leg down from March high looks like a new five wave decline in play. Our special focus should then be on black wave 4 for shorts, while 112.01 level remains in play.
www.ew-forecast.com
@ewforecast
AUDJPY - Potential for multiple Day and Swing Trading setupsMultiple swing and day trading setups on the 15m and 60m time frame.
I've simply applied predictive analysis to forecast price action over the coming days or weeks. Techniques I used for this are advanced patterns, trend lines, breakout patterns and Fibonacci ratio levels.
The positive expectancy on this type of strategy has been very high provided that we see this type of pattern develop on all the time frames.
All the best
