nzd/usd short term Entry: .74342 TP1: .72815 TP2: .71873 SL: .75867
usd/chf long term trade entry: .96363 TP1: .97736 TP2: .98593 SL: .94984
audusd Trying some new time analysis, curious to see if it works. Time symmetry suggesting a entry close to the aud rate decision.
usdcad, chart with a time ext. just about a 1.272 time ext of the AB time duration to the BD completion. Analysis taken on basis of Scott Carney vol 1, pg 208 (Time considerations)
audusd Entry .75550 tp1: .76231 tp2: .76655 sl: .74968
audcad Still has room to run further down before setting up a bullish cypher. Entry: 1.02649
eurjpy Entry: 112.560 TP1: 113.983 TP2: 114.863 Sl: 112.004 - Happy pippin'
nzdjpy Entry: 74.406 TP1: 73.772 TP2: 73.378 SL: 74.690
eurcad long entry: 1.44436 TP1: 1.46270 TP2: 1.47409 SL: 1.43697
I see underlying strength in sterling recently. In looking at gbpchf, gbpnzd, and gbpaud I see an inverse H&S pattern forming leading me to believe a major move in the pound will take place. Couple that with eurgbp showing a nice H&S on the 1hr chart and underlying weakness in the dollar, I feel confident about this long. Entry: 1.26366 (.766 retracement of AB),...
Because of an invalidated gartley pattern right before the 1st presidential debate(C point passing A), I now have a short term bullish view on usdcad till the 1.34 level, still with a long term view of a bearish mindset till 1.267 Short term long Long term short
As the Fed rate hike approaches in the coming week, I expect rates to stay the same, leading me to have a biased view that usd will fall. As long as the C leg doesn't pass the price of A (1.32546), I believe that ucad will continue to drop based on my harmonic analysis. To add to that, I'm hoping that OPEC puts some sort of freeze on oil production, thus leading...
Self explanatory here, bearish bat pattern. Entry: 1.00798 TP1: .99771 TP2: .99124 Sl: 1.01933 "I have 99 problems, but a pip ain't one" - Spiral
In this pair I see a great potential long setup. With a harmonic cypher in play and a inverse H&S taking shape, I am pretty confident in the underlying strength in a gbp rally. This also aligns with the H&S forming on the eurgbp pair, which is a clear short. For further evidence, I also see underlying weakness in the aussie, based on my audusd short and euraud...
Even though the US has put off rates for the month of Sept, I still think speculation around a Dec hike will gain strength. That, coupled with the fact that Australia has had bad data come out from its economy leads me to believe this pair will eventually hit .69 Technically speaking I see a nice H&S pattern in its early stages on the right shoulder. I could be...