ChrisPulver

ChrisPulver

AUDCHF has been waving downwards making lower highs and lower lows, the fresh low made last week may create a short-term support to test December's pivot around 8300, if it fails and falls lower, I like buys in the 7900-8000 area for double bottoms.

ChrisPulver

Using the Pitchfork and trendline support, the AUDCAD may be targeting a double bottom around 9400 - from there, a short-term low may form and produce a 300-400 pip retracement back to 9800, maybe even 1.0000 if it's feeling snazzy.

ChrisPulver

EURUSD (similar to GBPUSD) is setting up for a technical squeeze with this falling wedge. 2250-2200 may act as support to force a squeeze to 2500-2600 before making a lower high and heading down to 2000 or 1800 area. If the pair continues to fall, I'll wait for 2000 to identify support.

ChrisPulver

USDJPY has been a rocket ship since 103 with a breathe at 110 before continuing towards 120. If we show a bearish structure setup, I'm looking to sell a lower high for a retracment towards 115-113 to close the gap from October/November.

ChrisPulver

I think we'll have 2 pretty great opportunities for GBPCHF weakness. One if fast approaching. I'm looking for a rejection near the recent wedge trendline for a sell back to the wedge support or lower if we can break the lows and open up more to 4500-4600.

ChrisPulver

I see a falling wedge setting up on the GBPUSD with pivots above and 1.6000 acting as near-term major resistance. If price rallies above 5775 I'm buying targeting the 6000 area. We may be triggered this week with soft or disappointing NFP #'s.

ChrisPulver

This is a great pattern setup. If OIL prices have one more bearish leg the CADCHF may break structure with this head & shoulders. A symmetrical 200 pip move for some nice profits.

ChrisPulver

This is a BIG TIME frame trade - USDMXN is approaching major resistance at 14.4000. I'm looking for a price rejection at this level and will SELL under any 4 hr, 8 hr, or Daily indecision candle targeting 13.8000 managing it on the way down (6000 pips or so). I usually do not trade the crazy exotic pairs but I think this could one to watch.

ChrisPulver

4 hr time frame - CADJPY has been making higher highs in price, but lower highs in momentum. This is a bearish divergence signal. I'm looking for the break of the wedge and selling to pivots below - Target 1 = 100.00 and anything lower would be utilizing a trailing stop.