We are looking at the GBPJPY approaching a major level of structure (Resistance) in confluence with a major fibonacci level (The 61.8). We will be waiting for the price to show reversal proce patterns, not likely to enter aggressive in this trade, Of course if it breaks above the resistance, we'll start to look for long opportunities. Remember guys, Eyes on...
FX:AUDCAD is currently in a symmetrical triangle, if the price breaks out to the upside, we are looking to short once it gets to the reversal zone, there we have a 618 fibonacci retracement plus a 1.272 extension in confluence with a very nice Supply/Demand Structure Point. Remember: Eyes on your mind not on your trade CORTES TEAM
We are looking to short the market @ 1.11600. for three reasons: 1) Cluster of long and short term fibonacci retracement and expansion 2) The completion of the AB=CD harmonic move 3) all of thi in confluence with a major structure resistance Remember guys: eyes on your mind, not on the trade. CORTES TEAM
After the Brexit news all the pairs are consolidating after a huge move, we are looking at a potential channel forming up for some time, in this case we have a structure based opportunity, if the price continues its move to the down side into the major support around @0.69835 If it does comes down, we will be waiting for some reversal patterns to form, so we can...
Opportunity to hop on the recent downtrend , we have a retest at previous structure resistance in confluence with a 61.8 fibonacci level, also the price has tested 4 times the minor resistance . Oportunidad para seguir con la tendencia, testeó y respeto la estructura previa y está consolidado, tenemos también un fibonacci alineado de 61.8 Careful with the...
Después de haber violado un triángulo descendente, buscamos oportunidades de venta en la zona previa de resistencia, la cual coincide con un fibonacci de 38.2 After breaking out a descending triangle, we're looking to short the market at previous structure resistance, in confluence with a 38.2 fibo level Be careful this week with the Brexit News Cuidado esta...
En nuestro radar tenemos un nivel estructural de compra importante, sin embargo estamos esperando que los patrones de precio nos digan que se va a respetar este soporte, de no ser así, esperaríamos un retest a la estructura previa para vender el breakout. On our radar an important level of structure, just waiting for price patterns to confirm a reversal sign to go long.
Estamos viendo un testeo de la estructura alrededor de los 0.736 como opción de compra. Este movimiento va junto con una tendencia alcista de las últimas semanas.