BretRamkey

BretRamkey

EurGbp is at a critacal point in price. While it is on a downtrend and respecting the trendline resistance, it is also retesting a critical resistance zone .865 ... if this zone holds we could see an equal movement from the doubletop of about 500 pips.

BretRamkey

i believe we are going to have continuation to the downside on this pair.

BretRamkey

daily downtrend has been exhausting after a push and is currently nearing a trend resistance level. Here i believe that price will start another push to the downside after the very big bearish engulfind candle last week.

BretRamkey

looks like the trend will continue on EURNZD ... after the close on this daily candle, there will likely be continuation of the downtrend to new lower low prices

BretRamkey

#gbpnzd is currrently sitting near a weekly resistance of 1.94516 and is retesting the area. It had a clean break to the downside, is retesting, and if the ceiling holds, could mean months of bearish momentum. With the setup that i have made, it is about a 300 pip risk before the Stop loss and a 2,250 pip gain down to the previous low of 1.68607. I think if you...

BretRamkey

im expecting the trend to continue bearish for this pair. Here we have a highly respected resistance line and after this exhaustion, i believe that pice will continue to the downside

BretRamkey

this pair is dropping at least to the trend line. nice triple top!

BretRamkey

gbpjpy is trending down inside a beautifully respected parallel channel. i'm expecting this trend to continue with the weak sterling and continue to the bottom half of the channel. finding suppoot around the 1.36 levels

BretRamkey

NZDcad has been in the process of completign the head and shoulders pattern for quite some time and i believe it is ready to make its drop. current price should hit its head and then fall down to .895 levels and below.

BretRamkey

this pair is about to go on a run down to around 1.03 levels. there is a nice double top pattern that sets its up nicely along with a highly respected down trend resistance that has continued to hold. i would go short now, it should bounce off of a close support here within the next couple of days, but continue its downward momentum for the coming weeks.

BretRamkey

EurGBP has made a nice double top and is currently catching some buyers at the base. Im expecting this pair to breakthrough the neckline, retest the new ceiling and then drop to lows near .84 to complete the pattern. The real watch will be to see whether it will consolidate around its current levels, or immediately make the breakdown because of the strong bears.

BretRamkey

entered this trade at the head of the pattern. and i believe head and shoulders is how this one is going to end up playing out. Look to enter short and the right shoulder

BretRamkey

Third bounce on support coming up. Looks as though it is going to break out of short term resistance, then i would like it to retouch bottom support and show a bullish candle before going longer on this pair.

BretRamkey

i see audnzd dropping down from its current price, retesting a new resistance and then continuing its trend to the downside... confirmation for me will be if the current candle has a large bearish close and then continuation to the next level and potentially further.

BretRamkey

wait for the first bearish engulfing candle after bouncind off the zone and then go short!

BretRamkey

expecting USDJPY to make a final push up and respect the downtrend that has started to form in the long term. touch of descending trend line and then move back down.

BretRamkey

looking at price to break this uptrend and retrace back to at least the previous low. price is pretty exhausted .685 area and we are seeing it lose steam with some pinbar closes.

BretRamkey

price is dropping below the support on the bear flag... looking for another sell off. Personal bias is sell especially with Brexit in turmoil.