POOL
USDCHFX marks the Spot.
For a Bullish Price Action,
Swissie broke out into New Year Highs. Good to BUY on dips above 1.00900. Next Target at 1.02200.
For a Bearish Price Action,
Liquidity tapped at the Weekly Highs. Look to enter a SELL on a break below 1.00900. A short term SELL may pop around 1.01700 minor resistance. This may not hold price for too long.
I am more Bullish than bearish on the Swissie.
1st Target at 1.01700
GBPAUDX marks the Spot.
For a Bearish Price Action,
I expect further weakness on this cross. Continue to SELL on a rallies below 0.83450. Target at 0.78850
For a Bullish Price Action,
A close above 0.83450 and I expect some bullish momentum. Look to BUY dips above this price zone with Target at 0.87150.
I remain Bearish on this cross.
USDCADX marks the Spot.
For a Bullish Price Action,
Watch the fractals on the Weekly. We may be having a repeating pattern at play here. Bullish Target at 1.36000
For a Bearish Price Action,
A close below 1.32800 and I'll flip my bias to a SELL. 1st Target at 1.28850
I am more Bullish than bearish on the Loonie.
EURUSDX marks the Spot.
For a Bearish Price Action,
Daily Descending Trendline respected. 4hr Ascending Channel broken. Good to SELL on Rallies below 1.13000. 1st Target at 1.1130. Long-term Target 1.09000
For a Bullish Price Action,
If bulls reclaim 1.1300, we may begin a retest of 1.14700. This is unlikely as fundamentals continue to drive the fibre lower.
I remain Bearish on this pair.
GBPCHFX marks the Spot.
For a Bearish Price Action,
Look to SELL ONLY when we have a strong CHF. Good to SELL around 1.32650 where we have the Weekly Supply Zone. I will be interested if we have a strong fundamentals on the CHF. With Long-term Target at 1.28550
For a Bullish Price Action,
A slow grind UP on a very weak CHF. The CHF has been the weakest currency this month, Pound weakness doesn't show here. Look to BUY pullbacks, however, we may be hitting Weekly Supply Zone. If we break 1.32620, look to BUY pullbacks. Target at 1.34200. I'll be avoiding BUY signals as price appears to be topping out.
I am neutral on this cross at the moment.
GBPCHFX marks the Spot.
For a Bearish Price Action,
Look to SELL ONLY when we have a strong CHF. Good to SELL around 1.32650 where we have the Weekly Supply Zone. I will be interested if we have a strong fundamentals on the CHF. With Long-term Target at 1.28550
For a Bullish Price Action,
A slow grind UP on a very weak CHF. The CHF has been the weakest currency this month, Pound weakness doesn't show here. Look to BUY pullbacks, however, we may be hitting Weekly Supply Zone. If we break 1.32620, look to BUY pullbacks. Target at 1.34200. I'll be avoiding BUY signals as price appears to be topping out.
I am neutral on this cross at the moment.
GOLDX marks the Spot.
For a Bearish Price Action,
We hit a Supply Zone on the Weekly and price reverses. Look to SELL rallies with stops at 1300. We continue lower. Long-term Target at 1237
For a Bullish Price Action,
If bulls reclaim 1300, I'll flip my bias to bullish and look to BUY pullbacks with Targets at 1350 & 1365.
I remain Bearish on this metal.
$POOL Swing Position,Possible 17% Profits AheadHello Guys,
i'm charting & in position in $POOL if it's daily candle above 0.382 fib,due to the 31 Jan daily candle closed with
doji candle,touching the strong support in 200-EMA which means bullish momentum still in play.TP target is around golden
ratio or around Rp.5346 - Rp.5700 area.
education purposes only,tab like if this helpfull :)
GBPNZD SHORTX marks the Spot.
For a Bearish Price Action,
I'm looking to open a SELL position on a retracement to 1.90780 Supply Zone with Stops just above the previous bullish candle's High. I expect more SELLing in the coming weeks.
For a Bullish Price Action, a break above 1.94509 and I expect a move to test the 2.05085 Resistance. This is quite unlikely.
I am more bearish than bullish on the cross.
1st Target at 1.81340
2nd Target at 1.73558
EURUSDX marks the Spot.
For a Bullish Price Action, Still in the Range. We head back to 1.14750. We need to close above this Range to begin full Distribution. Daily is much clearer as it shows the False break above. We need a Weekly Close above 1.14750.
For a Bearish Price Action, we break below 1.13000 and we may see 1.12000.
I remain Bullish on this pair.
1st Target at 1.14750.
2nd Target at 1.18000.
GBPJPY SHORTX marks the Spot.
For a Bearish Price Action,
We may most likely head back down in the coming weeks as the Yen strengthens and pound bulls become exhausted.
For a Bullish Price Action, a break above 145 Resistance zone on the Weekly and we may likely see 149.500.
I am more bearish than bullish on the cross. Target at 139.800
GOLD BUYX marks the Spot.
For a Bullish Price Action, I expect this metal to continue its slow climb Higher.
1st Target at 1300
2nd Target at 1365.
For a Bearish Price Action, a close below 1236 and I will be looking to open a SELL position. Target at 1196
I'll be looking to BUY every pullback above 1236. I remain Bullish on this commodity.
USDCHF SHORTX marks the Spot.
For a Bullish Price Action, I still expect some BUYing around 0.97800 Demand zone. This will be short-lived.
For a Bearish Price Action, Liquidity has been tapped up to the 1.00900 region.
I expect further SELLing pressure in the coming weeks.
A break below 0.98000 and I'll be looking to SELL every Rally.
1st Target at 0.95400
2nd Target at 0.91900
I am more Bearish than Bullish on this pair.
GBPUSD LONGX marks the Spot.
For a Bullish Price Action, I expect Cable Bulls to resume control in the coming weeks.
1st Target at 1.33000
2nd Target at 1.43500
For a Bearish Price Action, If we don't hold 1.26000, next target will be 1.20400.
My bias is Bullish so long as we stay above 1.26000
CADCHF LONGX marks the Spot.
For a Bullish Price Action, I expect Higher Prices in the coming weeks. I'll be looking to BUY any significant pullback. Target at 0.77200
For a Bearish Price Action, I expect a slight rejection at the 0.73950 minor Resistance. This will be quickly faded.
I remain Bullish on this pair. Look to BUY every pullback.
EURCAD SHORTX marks the Spot.
For a Bullish Price Action, I expected price to close above 1.53650 to show bullish continuation. We had a failed breakout. I am now bearish.
For a Bearish Price Action, I flipped my bias to Bearish after last week's close showed price tapping into liquidity at 1.55843 (previous High) and then closing back below. I expect lower prices in the coming weeks and will be looking to SELL rallies. 1st Target at 1.44550.
2nd Target at 1.37850.
GBPCAD SHORTX marks the Spot.
For a Bearish Price Action, I posted last week on a Bullish setup on this pair, but we had a failed breakout on this cross as Bears drove it back down into the Range. I'm skeptic about taking a SELL as the previous candles are showing Higher lows. If we do break out of the Local Low, look for 1.58380 to scale first profit. 2nd Target at 1.54885
For a Bullish Price Action, A close back UP, reactivates my Bullish setup.
I am neutral on this pair.
NZDCAD SHORTX marks the Spot.
For a Bullish Price Action, we may experience some BUYing around 0.88300 and target the previous weekly High.
For a Bearish Price Action, I expect we continue SELLing down to the 0.83260 region where we meet Weekly Demand. I expect lower prices in the coming weeks and will be looking to SELL rallies.
1st Target at 0.88311.
2nd Target at 0.83290.
I remain Bullish on this pair.
USDCAD SHORTX marks the Spot.
For a Bullish Price Action, I expect a push and close back up above the 1.32890. This is unlikely as it appears the bulls are exhausted.
For a Bearish Price Action, I will be looking to open a SELL position at 1.32900.
1st Target at 1.27800
2nd Target at 1.25400
I am more Bearish on this pair in the coming weeks.
NZDUSD SHORTX marks the Spot.
For a Bullish Price Action, Kiwi has more UPside potential with Targets extending to the 0.74300 region.
I will be looking to enter a LONG position IF this current Support at 0.67000 holds.
1st Target at 0.69700
2nd Target at 0.70600
3rd Target at 0.74300
For a Bearish Price Action, I will be looking to open a SELL position on a break of this Support. Stops at 0.68000. Target at 0.64300
I am more Bearish on this pair than Bullish this Week.
USDCAD SHORTX marks the Spot.
For a Bullish Price Action, I still expect more UPside this week on the Loonie with final Target at 1.38000.
We may experience some BUYing around the 1.32900 region. I expect this to be short-lived.
For a Bearish Price Action, I will be looking to open a SELL position at 1.38000.
1st Target at 1.27800
2nd Target at 1.25400
3rd Target at 1.22400
4th Target at 1.20700
I am neutral on this pair this Week UNTIL 1.38000 is hit OR price shows a reversal.
EURGBP SHORTX marks the Spot. For a Bearish Price Action, I expect the Bears to take control at 0.90980 level.
If this Supply zone doesn't hold, then a second chance may occur at 0.93000.
1st Target at 0.88450
2nd Target at 0.86160
For a Bullish Price Action, I expect a move Higher to tap into the Liquidity at 0.90980. 2nd Target at 0.93000.
Watch for weakness at this level to open a SHORT position.
