PITCHFORK - Forex USDCAD Weekly Analysis March 26th - 30th 2018SELL USDCAD
Area: Out Of Channel Pitchfork
Channel Pitchfork - Ascending
Entry: Fibo Line Pitchfork
Target Profit: 3.82 Fibo Line Pitchfork
Next Target Profit: NIL
Medianline
PITCHFORK - Forex GBPJPY Weekly Analysis March 26th - 30th 2018BUY EURGBP
Area: Pitchfork Median Support Line
Channel Pitchfork - Ascending
Entry: Pitchfork Median Support Line
Target Profit: Upper Line
Next Target Profit: NIL
PITCHFORK - Forex EURGBP Weekly Analysis March 26th - 30th 2018BUY EURGBP
Area: Pitchfork Lower Line
Channel Pitchfork - Ascending
Entry: Lower Line
Target Profit: Median Line
Next Target Profit: Upper Line
PITCHFORK - Forex EURUSD Weekly Analysis March 19th - 23th 2018SELL EURUSD
Area: Pitchfork Upper Line
Channel Pitchfork - Descending
Entry: 1.22260
Target Profit: 1.20700
Next Target Profit: NIL
Stop Loss: 1.23400
Reward Potential: 190 pips
Risk: 80 pips
PITCHFORK - CFD XAUUSD Weekly Analysis March 19th - 23th 2018SELL XAUUSD
Area: Pitchfork Lower Line
Channel Pitchfork - Ascending
Entry: 1312
Target Profit: 1295
Next Target Profit: NIL
Stop Loss: 1318
Reward Potential: 1650 pips
Risk: 600 pips
PITCHFORK - Forex USDJPY Weekly Analysis March 19th - 23th 2018BUY USDJPY
Area: Pitchfork Lower Line
Channel Pitchfork - Descending
Entry: 106.000
Target Profit: 108.600
Next Target Profit: NIL
Stop Loss: 105.000
Reward Potential: 260 pips
Risk: 100 pips
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 .
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 .
GBPUSD: Sell Opportunity Following the TrendPrice has broken below the median line of the downsloping pitchfork and pulled back into a correction to test test it. Any sell setup completion would be a nice opportunity to join the downtrend.
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 .
SandP 500 E-Mini Futures D CME Updated 2/28/2018Price has com up to hit the back of a sliding parallel, and is showing a bit of weakness. I think that we will see more overall consolidation here at the 2791 area as price is losing momentum.
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.
PITCHFORK - Forex EURUSD Weekly Analysis Feb 19th - 23rd , 2018SELL EURUSD
Area: Pitchfork Upper Line
Channel Pitchfork - Descending
Entry: 1.24200 - Median Line
Target Profit: 1.21300 - Lower Line
Next Target Profit: NIL
Stop Loss: 1.25600
Reward Potential: 290 pips
Risk: 140 pips
Reason:
1. Price rejected and made reversal on previous high/upper line high probability heading towards median line then lower line pitchfork.
2. US Dollar also have made rebounce on weekly lower line pitchfork. Expecting strong US Dollar in the coming weeks.
PITCHFORK - Forex USDJPY Weekly Analysis Feb 19th - 23rd , 2018BUY USDJPY
Area: Pitchfork Lower Line
Channel Pitchfork - Descending
Entry: 106.600 - Lower Line
Target Profit: 107.500 - Median Line
Next Target Profit: 108.700 - Upper Line
Stop Loss: 106.600
Reward Potential: 210 pips
Risk: 60 pips
Reason:
1. Looking at Price are moving back to pitchfork channel, highprobability to hit median line.
2. US Dollar also have made rebounce on weekly lower line pitchfork . Expecting strong US Dollar and demand in the coming weeks.
PITCHFORK - Forex GBPUSD Weekly Analysis Feb 19th - 23rd , 2018SELL GBPUSD
Area: Pitchfork Upper Line
Channel Pitchfork - Descending
Entry: 1.40160 - Upper Line
Target Profit: 1.37900 - Median Line
Next Target Profit: 1.35300 - Lower Line
Stop Loss: 106.600
Reward Potential: 486 pips
Risk: 144 pips
Reason:
1. Price are moving in downtrend pitchfork channel
2. US Dollar also have made rebounce on weekly lower line pitchfork . Expecting strong US Dollar and demand in the coming weeks.
PITCHFORK - Forex USDJPY Weekly Analysis Feb 26th - Mar 2nd 2018SELL USDJPY
Area: Pitchfork Upper Line
Channel Pitchfork - Descending
Entry: Instant/106.500 - Upper Line
Target Profit: 105.800 - Median Line
Next Target Profit: 103.900 - Lower Line
Stop Loss: 107.500
Reward Potential: 260 pips
Risk: 100 pips
Reason: Last weekly analysis price fail to move higher on upper line and make reversal on median line (refer last week analysis)
Target price to hit median line, you may lock profit here or next probability target to hit lower line pitchfork.
SandP 500 E-Mini Futures D CME Updated 2/21/2018Price has dropped down as predicted, and now we are at a possible resitance point to the downside. Look to see if price will break down from here. We could see a possible ABCD correction to the downside here with an eventual target near 2425. Look to see what develops in the next few days.
PITCHFORK - CFD XAUUSD Weekly Analysis Feb 19th - 23rd , 2018SELL XAUUSD
Area: Pitchfork Median Line
Channel Pitchfork - Ascending
Entry: 1350.000 - Median Line
Target Profit: 1329.500 - Lower Line
Next Target Profit: NIL
Stop Loss: 1357.000
Reward Potential: 2050 pips
Risk: 700 pips
Reason: Price seems to heading towards lower line pitchfork, retested on median line and failed to breakthru median line.
US Dollar also have made rebounce on weekly lower line pitchfork.
