Fx-AlphaStrats

Fx-AlphaStrats

the price is forming a Broadening triangle with correctional waves and intermediate waves, minor and minute waves are also in count, this is not included in the chart as is will be too much on the chart.. the price have been in a strong uptrend the last couple of weeks, and a correction to the break of the triangle, can occur any time soon. a short position can...

Fx-AlphaStrats Updated 

At the Chart we see a intermediate waves on the Weekly chart, where the price clearly have a bullish uptrend, after a range from 2015 to 2017. the price had strong momentum from wave (0) to (3) where wave (5) have had a decrease in the momentum and ending it with a symmetric triangle, that is followed by a strong break and down movement. the price have produced a...

Fx-AlphaStrats

at the chart we have a rising wedge with minor waves and a rising wedge inside the minor wedge with minute waves. break of the red line with the minute waves can lead the price to test the green line with the minor waves. where a break of the minor wedge can lead the price back to between 12.400 and 12.540, where 12.400 is 0.5 on fibonacci levels and 12.540 is...

Fx-AlphaStrats

The price is at a support level, if this level breaks, than i see the price move further to 1.52490 before further upside. if price manage to break the 1.52490 area, than the price could go further down to test the 1.49960 level. this will also be a trigger for a new analysis as the (4) wave will go below the ending of wave (1) The price is also in a trend...

Fx-AlphaStrats

Technical: On the Daily chart we have Intermediate, minor and minute waves. followed by Intermediate correctional waves. we also had a break to the downside from the symmetric triangle, where the support/resistance haven't been tested yet. The current price level/support is a support from 2004 and therefore have been tested many times and makes it a strong...

Fx-AlphaStrats

The price have broken out of a downward trend channel and haven't tested the breakout line yet. the price have had a 44 angle down trend, with a following 63 angle of breakout. The movements have also made a double top on the upwards run. this 2 tops can be counted as a triple top test. If you look at the start of the trend channel, you se the price have ben...

Fx-AlphaStrats

The price have been in a uptrend previously, that is followed up by correctional waves. The correctional waves have been in a strong downwards momentum with low momentum for the consolidation areas followed up by a strong retracement momentum. the price have resistance at 1.28025. while a break can drive the price to 1.28670 which is also 0.707 on fibonacci drawn...

Fx-AlphaStrats

UPDATED VERSION OF THE CHART FROM APRIL 15. there have been a strong gain in the NZDJPY last couple of weeks and i therefor see that the trend have turned from a longterm bearish trend to a bullish trend. i am awaiting further confirmation before a long entry is placed. The confirmation levels will be 77.044. if the price breaks this level, we could see the...

Fx-AlphaStrats

The price is forming an anti new cypher, with fibonacci drawn from 0 to 1 Where a less risky entry will be at 80.430 which is also 1.618 on fibonacci. The price is also performing a 5 wave sequence where the Minute have enden and startet the correctional waves with Minuette and a W,X,Y,X,Z correction inside an ascending broadening wedge. A correction is in...

Fx-AlphaStrats

The price i currently at the 0.886 Fibonacci level (drawn from (0) to 1.54729 Where i could see the price be in a range zone from 1.55713 to 1.53964 which is also between 0.886 and 1.13 on fibonacci. The price have been in a strong uptrend, where a trend channel also have formed on the daily chart. The price made a new high before starting to decrease, and can...

Fx-AlphaStrats

Looking Back on the chart, there have been a long downtrend on the 4 hour chart. The price is consolidating through a rising wedge, and the third wave have been completed. i see the price go down to 132.015 before further upside to the fifth and ending wave. a long trade can be taken after the price have tested the support line in the rising wedge. this is a...

Fx-AlphaStrats

The price have been in a long downtrend, and are consolidating through a rising wedge. A rising wedge is functioning as a consolidation formation. In this case, the rising-wedge is indicating an end of the downtrend, as (e) is at the support line, and could break the resistance line in the wedge. While a break of the support line could trigger a new downtrend...

Fx-AlphaStrats

EURUSD is showing some signs of weakness. Momentum have been strong previously and we can se that the momentum is losing its strength with a Range zone. I expect the price to break the Range zone and could see downside to 1.20348 before retracement back to 1.20807. The trade can be entered now With SL at 1.23563 and TP at 1.20348 as explained on my Dax chart...

Fx-AlphaStrats

The price have been holding below the 0.5 level on fibonacci, 12599.4. And could be sending a signal, that the price have more downturn to come. The price failed to break the 0.707 level on fibonacci, which is also the resistance line in the trend channel. this can be a sign of further downside, also looking at the aggressively bearish candle almost right...

Fx-AlphaStrats

Dax, have been hit hard by the trade tarifs and also a selloff in the market dose not make it better. a rising wedge is forming, and i could see the price rise to, 12193.63 before further downside. also we have a major gab. ( Gabs does not always close... ) Also we have a bullish divergence. _____ 1. Bullish regular divergence 2. rising wedge. 3. Gab 4....

Fx-AlphaStrats

If the price breaks 1329.33 area. we could see futter gains to 1340.64 If the price breaks the 1340 level area. 1353.90 level will be a good TP. which also are the resistance line in the trend channel. If the trend channel is broken we could see further gains to 1357.96 and above. (look at my monthly chart of gold 0.09% i postet 8 February.) We have...

Fx-AlphaStrats

If the price holds below the 0.88221 We could se further downside. Where the supportline in the trend channel will be the bottom While a break of the 0.88221 level Could trigger a run for the 0.88695 area. Before further downside. If the price breaks 0.88714 level . The resistance line in the trend channel will be the top at 0.89702. This level should be...

Fx-AlphaStrats Updated 

A rising wedge is forming after a longer downtrend. The rising wedge are functioning as a consolidation pattern. Take in minde that a rising wedge is a poor performer, historically. __ Entry will be when the support is brokken. if so we could se the price go to 11.800 and 11.700 If not, and the price breaks the resistance line. we could se price go to 12.190....