Similar to my last post, nice clean short opportunity on the kiwi. I'm a firm believer that the momentum from the very strong NFP figures last week will cause the USD to continue its steam-rolling of other currency pairs. With the Fed almost certainly looking to adjust rates in December, i'm also going to be looking to BUY up banks like JPMorgan and (mainly) Bank...
After the blood bath of pre-NFP trading (In which I got a little burnt, unfortunately), this little setup looks extremely promising to get us one over EURUSD again. The decider of this play will be what happens at the 1.08 level. My targets are set at 1.05 for going into next week. Again, dependent on what happens at 1.08. - I'm looking to SELL at around 1.0786...
Got caught out previously when for some reason went against my own previous UKOIL breakdown (don't ask me why) which ended up completing exactly through as analysed.. This opportunity here has a personal CTS score of 6, and is following the current bearish trend (Some are speculating either UKOIL or USOIL - not sure - reaching $30 , so we will see how that plays...
RSI oversold. MACD momentum reversing. Stronghold fibonacci levels at 618. Cypher showing bullish continuation. All looks good on this one, will follow through an re-check once market opens.
Been really interested in the workings and concept base around Bitcoin so thought I would analyse it for possible opportunities. Seen a strong trend holding on the daily charts which is correlating perfectly down to the 4Hour chart. Some strong fibonacci levels in action here along side MACD and RSI indicating a pivot in momentum. Two potential targets set at...
Waiting for price to bounce off of current trend line and rally up to 618 fibonacci level. Risk set just below recent support levels, with great R/R ratio. If 618 level is broken we could see a rally up to previous resistance levels at 54.60. Great potential BUY opportunity if we see a strong bounce off of current trend .
Prediction: With hype around the US/Iran deal wearing off, we are likely to see USD/CAD returning down towards weekly support levels. Recent highs and possibilities for further upside profits will attract buyers back to the market, therefore driving the price up to the levels of target 1 and main weekly resistance , and possibly rallying back towards recent highs...