Frank23

Frank23

Price broke out of the descending channel last week and looks to be re-testing today. We expect to see a reversal around 0.85010 if we see a strong break below 0.85610. If price follows our prediction, our target will be 0.8313.

Frank23 Updated 

We expect to see a pullback to 1.5930 which looks to be a strong support level as well as the 0.618 fibonacci level. Our target is 1.6314.

Frank23

Price rejected from our resistance level and closed with a strong bearish candle. We expect to see further bearish momentum reaching 1.2492. From here, we will look to enter a long trade with a target of 1.2793.

Frank23

Another trade we took last week. Price failed to close above the resistance level. We entered at 110.511. Our long term target is 107.500 however we expect to see a pullback around 109.043.

Frank23

Took this trade last week. We saw a rejection from the resistance level and trend line which allowed us to take a short trade at 153.254. We expect to see further bearish momentum after a slight pullback at the beginning of next week.

Frank23

Price has bounced off the 0.5 fib level and broke through the weekly support with a strong bearish marubozu candle. I will wait for a break of the daily support line and trendline before going short.

Frank23

Price broke through the trendline and closed with a marubozu candle suggesting further bearish momentum. I will wait for a break of monthly support before taking a short trade.

Frank23

Price has bounced off monthly resistance and closed last week with a bearish engulfing candle. I will wait for a break of weekly support before taking a short trade

Frank23

Price closed last week with a bullish engulfing candlestick. I expect price to retest the trendline to create a lower high. If we see a break of the trendline, price could hit monthly resistance 0.9950.

Frank23

Price has bounced off the 0.5 fib level and also retested the trendline to suggest further bearish momentum. I will wait for a break of 0.7470 before going short.

Frank23

Price has bounced off 0.382 fib level. I expect price to go lower however I will wait for a break of Monthly supp 1.2870 before taking a short trade.

Frank23

Price retraced below the weekly res 1.1331 and is heading towards the fib levels. I will wait for a bounce off one of the levels before going long

Frank23

Price has bounced off the 0.618 fib level and is now showing signs of further bearish momentum. I will wait for a break of the monthly supp 1.2970 before entering the trade.

Frank23

Price has broken through weekly support 1.8170 and is continuing its bearish move since bouncing off the trendline and 0.5 fib level. If price continues to decline, we could see it reach 1.6862 and 1.5823.

Frank23

Price has bounced off 0.382 fib level suggesting bullish momentum. I am currently in a long trade for this pair. We could see a possible rejection at Monthly Res 0.9950.

Frank23

Price broke the trendline last week and closed on the 0.618 fib level. If price continues to bounce off this level, we could see a bullish move to 0.7780.

Frank23

Price has bounced off the trendline and 0.618 fib level indicating bullish momentum.

Frank23

Last week we saw a rejection of monthly resistance 1.2970 and 0.382 fib level. I will be taking a short trade once 1.2875 has been broken.