JasonSierra

JasonSierra

EUR/NZD has fallen quite a ways over the last 4 weeks, about 1300 pips. Every big fall must have a retracement. We got the impulse up breaking out of the 4hour trend so I am looking to buy on a pullback somewhere in the zone highlighted. Price action will depend on when I jump in for this, but I see a nice buy on the retracement of higher timeframes.

JasonSierra

I am expecting EJ to move on down seeing that trend was broken and it is finishing a pullback on higher timeframes. We can see the strong resistance of the blue shaded zone. Strong resistance at the 61.8 fib retracement as well. I got in this play on Friday the 16th so currently in some profit.

JasonSierra Updated 

Pending if the dollar continues to fall we could get a beautiful drop for this pair. Head and shoulders has formed as well at the resistance zone.

JasonSierra

Looks like this could develop into a nice buy due to a potential inverted H&S. A sharp impulse through the trend line with a pullback (yellow lines) would confirm this swing for me.

01:18

JasonSierra

Hide the candles of a chart. Make it blank. Drop multiple horizontal lines. There's support and resistance no matter where you put it.

JasonSierra

I need to see a sharp impulse breaking this trend. I also anticipate USD to turn bearish here as well.

JasonSierra

UJ looks to be rejecting a heavy resistance zone and I expect a drop. Break of 1hour trend and flag (retest) to confirm.

JasonSierra

I jumped in this trade at the beginning of Tokyo so currently in profit, but looking to ride this up. Entry was: 143.818. GBP pairs looking strong.

JasonSierra

Looking for it to reverse to the down side finally with the dollar weakening as well. A push to the top red line is not out of the equation especially when looking left.

JasonSierra

I expect this to be the beginning of a big fall for GJ. Looking for it to respect the top of this channel. I put an eclipse over the key point identifying this small trend within a trend. Potential risk is 40 pips to win around 120 pips on this short for me.

00:53

JasonSierra

Analysis based largely on harmonics here for a short on USD/CHF for the week.