AlexBalboa

AlexBalboa Updated 

Price wasn't able to completely break resistance and wasn't able to make new higher highs, I expect price to drop to 83.5

AlexBalboa Updated 

Price break and now we might see to test previous support...now resistance and gets right in the 61.8 fib, I will look for bearish signals in that area and sell it

AlexBalboa

EURJPY broke support and we have bearish rejection in the daily timeframe, what we are seeing might be a little retracement to the support( now resistance) I will place a sell stop @ 120.400 to catch any bearish move. Good luck

AlexBalboa

I think we will see a move down...the uptrend has been going on for a while and now we see price react in that resistance, with bearish rejection and trend line broken, price might go down to 110.325

AlexBalboa

Its testimg weekly resistance and stoped at 50 fib.... i am short ( see mynother audusd idea(weekly))

AlexBalboa

Strong weekly rejection candle in resistance.... this might go to down 83.100, yesterday I open a short position in the retracement.

AlexBalboa

NZDJPY Shorting the breakout..... an inside day candle formed , this is a signal that the market consolidate and that a breakout is coming

AlexBalboa Updated 

FX:NZDUSD (Short Term)This pair just made a Higher High and now is acting as support plus its also a weekly support, we also got a bullish rejection candle, we might see price go up to .73750 *Long Term is bearish*

AlexBalboa Updated 

FX:EURAUD Weekly levels are the boss, they are key levels where we need to put attention, we can see major reversals coming from there. In this pair we see that there has been bearish pressure and it has created this triangle, it reacted to those weekly support levels now the 1.44500 is acting as resistance, we might see a bearish rejection candle in this...

AlexBalboa Updated 

FX:AUDUSD It wasn't able to break that resistance and created indecision now we might see a trend continuation to the downside targets are .71469 and .68253

AlexBalboa

NZDUSD might go back to the downside trend it rejected monthly support and .50 fibo level (a good place to sell). In the long long term it might go back to the .50000 area

AlexBalboa

There might be a move all the way up to 1.54300//1.58400//1.60820, there has just been a daily bullish rejection candle, placing my stop bellow the monthly support.

AlexBalboa

We can see that in that weekly support area we are having rejection from the market, if the market pushes forward and breaks that lower high or if i get a buy signal in that support i would go long. *** We might also see that it goes all the way down to 1.36***

AlexBalboa

AUDUSD The price consolidated since the last week breakout and created a flag pattern, we might see price go test the.74400 and if there's bearish evidence I will go short. Sl .74700 TP1 .73200 TP2 .72700

AlexBalboa

I dont usually use trend lines but this time this seem to be a great opportunity o use them and if I see bearish evidence in the next days I will short it, this might be a great risk/reward opportunity TARGETS TP1 116.360 TP2 114.000 If everything goes as speculated the Long Term target would be 112.000 My Sl would be just above that 120.850 resistance maybe 15...

AlexBalboa Updated 

AUDUSD is looking bearish in this moment. I will look to go short in the next couple of days, If you are a conservative trader you might want to wait for a pull back after breaking the .74425 support line or see if it gets to the .75610 resistance and wait for any bullish rejection candle if it breaks the resistance you can trade a pull back as well and go long,...