DavidF_MVP

DavidF_MVP

Here's my short term take on the eurusd. 61.8 fib next target

DavidF_MVP

DXY - Looking at trendline resistance + 78.6% fib + 95.25 horizontal resistance - We should stall at these levels before the next catalyst for a move lower or higher but these levels should provide some decent resistance. Break above and the dollar will start squeezing

DavidF_MVP

NZDUSD Short idea - simple trade - trendline resistance and 61.8% retracement

DavidF_MVP

#WTI 161.8% @51.50 + top of rising wedge -> I there say we're close to breaking down - 1st tgt 50.21 2nd tgt 46.71

DavidF_MVP

#SP500 why I'm beasish? possible 4H H&S formation break of 2040 targets 2000 which coincides with 38.2% retracement

DavidF_MVP

We had a false breakout to the downside on this pair. False breakouts often lead to big reversals. The pair is trading in a channel for the moment but I see possibility of seeing 1.35 in the near future

DavidF_MVP

The pair broke out from the falling wedge, these setups often provide big moves. Target on the upside is 8.2680 - Fib confluence with 38.2%+161.8%

DavidF_MVP

We stopped right at the 78.6% retracement (1.1460). If you notice the daily candles from last week show indecision, which usually precedes a big move. We need to see this pair move below the orange trendline in order to take some of the upside pressure. 1.15 is the next upside target. I stay neutral for now as the risk/reward ratio for a long from here is not...

DavidF_MVP

EURGBP WEEKLY: Great short opportunity. 7 Year trendline resistance + horizontal resistance + 61.8% fib resistance