Targets
USDJPYSame as her sister the GJ just a little stronger. Good luck all and please trade with caution.
Change of idea after see the path...Hey you there. We are in a winning which we previously closed.
High probabilities to long positions.
Take care!
Clear Short on GBPCADHere we have a very clear pattern setup. This will be a great opportunity to enter short on this pair. Good luck and safe trading.
AUDUSD cypher pattern and trendlineAUDUSD is forming af Cypher Pattern, and will hit trendline at that point.
Targets and stops are on the graph.
Good trading to everyone.
AUDCHF Sell AUDCHF is reacting nicely to the top trendline on the chart. If price continues with an impulse down wait for a correction to enter short on this pair. RSI is extremely overbought as well so this is another indicaiton that price will fall. This should be a nice short setup. Good luck and safe trading
Gold M240 - nice break of the doubletop necklinePrice breaks and closes below the doubletop neckline. Price retestet the neckline. Three possible targets for me
XAUUSD AREA TO WATCH + TARGETSTouched Daily support with fib confluence. Personally i'd like to buy gold a bit lower but because we have bullish divergence and a structure on the 4h i will be closely watching for buying opportunities in this area for a nice little retracement for gold. The black boxes are target levels that i'll be aiming for. Happy holidays and all the best for the new year!
Getting ready for wave C of Crude Oil consolidationWave count suggest NYMEX:CLG2017 is consolidating within 50.5 - 55.5 range in wave IV.
We might see a little push up to 54.8 tomorrow. Invalidation level for this trade is 53.18 level. We might see a 53.4, during asian or european session, but I don't think we will go down further.
As Crude will complete a zigzag in wave B into a major confluence level @ 54.8 I recommend to take short position in anticipation of impulse wave C .
@ 54.8 we have
(A) = (C)
1 of (C) = 5 of (C)
wave A 0.886 retracement
1.618 XA projection from bearish crab harmonics
CPST looking good for a nice play I would shoot for target 1 or 2. Technicals appear to becoming bullish, yet only time will tell. good luck!
Long USDJPY with target 119.2 then short to 114USDJPY is starting 5th of a Vth wave in an extended cycle. From here, if 118.5 - 119.2 holds the resistance, wave 4 could retrace to 113-114 area before resuming trend higher.
Current Algo Targets $USOIL $WTICurrent algo targets (red circles) Crude algo intra work sheet 645 AM Dec 2, 16 FX $USOIL $WTI FXCM #Oil $USO $UWTI $DWTI $CL_F #OOTT #Algo Considering the fact that a recent time / price cycle has expired algo targets are considered "soft" - waiting on confirmation. twitter.com www.compoundtrading.com
GBPUSD Bearish BatHi Trader,
There is a bearish bat pattern setting up on Pound with a D leg completion at 1.26300.
See trade details below. I always know my entry and exit prices BEFORE entering a trade, consistency is king in this business, assuming you have an edge ;)
Trade details:
Entry: 1.26270
Stop: 1.26840
Target 1: 1.25110
Target 2: 1.24330
Have a great week of trading!
Luke
My EURUSD Targets (LONG)When 1st target is hit, I move SL for trades 2 and 3 to BE. If 2nd target gets hit, I move trade 3 SL to 1st target.
USDCHFI thing that the USDCHF can go upper because we broke the daily resistance at 0.982 and also the trend line so the chart can go until the theoretical target at 0.988 that i call first target, then it can go until the monthly resistance at 0.995
Good luck :)
USDJPY / 15M / BAT PATTERNPAIR: USD/JPY
TTF: 15M
TRADE: BAT PATTERN
NOTE: These are potential Trade opportunities based
on my own personal Analysis.
Thank you,
Star Prosper
Philip Stewart
USDCHF short regular divergence/ trend exhaustion.A confluence of indicators, shows me that we may be in for a reversal in trend, i have used fib levels as my targets. back down to monthly key level 0.95500.
NZDJPY / 4HR / BAT PATTERNPAIR: NZD/JPY
TTF: 4HR
TRADE: BAT PATTERN
NOTE: These are potential Trade opportunities based
on my own personal Analysis.
Thank you,
Star Prosper
Philip Stewart
GBP/USD - LONGI have been waiting patiently for the opportunity to go long on this pair. We have seen another rejection off the ascending TL and now appear to have bullish momentum. I will be entering this trade long on the close above the 61.% fibonacci and will hopefully trade up to the four targets above!
EURGBP Long 240Ok guys. I am currently looking for a long on the EG. I have identified three separate resistance levels from the past that have become my current targets. If the price can break my .382 fib and first resistance of 0.8504 I will be long to 0.8565 and then 0.8623.
Be careful as Draghi is speaking on Tuesday. I'm hoping that we can reach our 0.8565 target by the end of Monday so we can be out before the news.
EURUSD Bearish Breakout Opportunity - 4H ChartMarket is targeting recent low at ~1.113 level. Previous test as seen from the chart led to a surge to the upside in only one candle, but could not hold these higher price points with the market pushing back down lower to this support level. Another significant test is the dragonfly candle seen thereafter. We will be looking to see the market break down below this 1.113 level and HOLD below it for at least 1 or 2 candles. We will then be in a position to look for entering shorts on the pullback with target prices as indicated - relating to significant support levels on both 4H and daily charts. We will endeavour to move stops to break-even should the trade move into profit and indicate signs of moving lower. Stops will be placed above recent highs above red lines (did not want to draw the actual resistance level as it is clear based upon the two points shown but would cut across a lot of price action and make the chart look more cluttered).
