From 1.6 to 1.2 we have seen w form with the neck at 1.42-1.44. On the Daily 1.28 was our last resistance and 1.26 acts as support which was a W neckline. If 1.29-1.30 holds as support then we can go get 1.42, 1.50, 1.60 as targets. If we bounce above 1.32 and sit that would be great added confirmation of bullish. Pound needs to be back where it belong and has...
Our top is 1.3561 with a low at 1.2245. On the day we see 1.333 hit and wicks for resistance at 1.330. In my opinion if we hold under 1.3100 and more specifically 1.306 we can short to hit targets 1.296, 1.278, 1.2525.
Monthly see a high of 120 and low of 80 with 112.5 as the pivot. We have stayed under 110 until recently with 112 being the top and 104.5 as the bottom on the daily. 108.5 is a key price and sub 110 to 109.75 is a key zone. After recent bullish impulses we could see the yen gain strength and push down to 108.5. If we stay in the 110's we could see 111 gap fill and...
Higher Highs and Lows seem to be heading upwards but the head and shoulders structure looks prime for a sell off before continuing. Our bottom is under 68 and our top is 80. The weekly neck is at .69 which is a key level. On the daily we rejected .69 and .68 was supported. It looks like there is a 40 pip zone from 6860 to 690 where price is bouncing and if .69...
We have a low at 70.5 and a high of 84 and we made a pivot at 77 with support from 74-72. We have 3 trend line touches (84,80.75, 75.5), a bounce above it and a retest on 75.5. We climbed to resistance at 76.25 with 76 being a strong zone for pushing further down. Even though all signs point bullish on the bigger time frames I am bearish for the time being. Yen...
Weekly went from 190 to 120 with a pivot at 156.75. We have created a W with both bottoms being a double bottom confirming support. The neckline being 156.75 is being ran at with the last support being 140 which is a key area. After playing at 140 we sprang to 148, on the retrace we made 144 a solid zone with rejection just before the 50%. Then we tapped and...
I hate EU but heres what I think of it. The monthly made a clear bottom in march 2015-2017 (1.03) and double tapped to push to 1.255 Feb. 2018. On the daily we peaked at 1.14 Jun. 25 '19 and travelled down to 1.085 in Oct. We came back up and hung out at 1.115( 50%) making a double top Oct. through Nov.. then we came to solidify support with a double bottom at...
Since Aug. '18 we pivoted from 1160. Then Aug. '19 we made a solid support at 1400 and sprung to 1611 a couple weeks ago to start 2020. We can see an impulsive stretch from Aug. @ 1400 to 1550 in Sept., we then corrected that Nov. at 1445.5 which made support. We went sideways until Dec. 9 & confirmed 1460 as a support level which sprung us to highs at 1611 early...
Learning wickoff and pa seems to showing sos is almost done ready to go
Gold and yen are safe havens. Long gold short uj. Theres plenty of more downside
Scalp shorts with tight stops but enter long swings at levels. its gold... it made new highs after a LONG time. So LONG it.
Wave 3 finished as we find entries on wave 4. stops under wave 1 and maybe a gap fill on eu to push us lower meaning dxy=moonshot. Long live the dollar i guess.