KreditK

KreditK

And we are officially heading higher..

KreditK

Just a possibility, bounce off of zone, confirmed with lower time frames... and we are golden...

KreditK

Awaiting a break of the CTL for more upside and a rejection for the end to the retracement at one of the levels; one near 38.2 and the other at 61.8 - Targets at 127.2

KreditK

Long-Term Buy? Ultimately, price is in a range-bound market based off of the macro perspective, but if I take the smaller timeframes into account, we see a break to the upside, and we could possibly be ending off this bullish retracement. However, I have to initially see higher highs and higher lows on my maintenance time frames which are 2H and 4H...

KreditK

Price is most certainly signifying an uptrend at this moment. I am expecting a pullback either to the 38.2 or 61.8 retracement (confirmed by lower time frames such as 2H and 4H), and then upon clear confirmation, anticipating a rally towards the 127.2 extension or the next key level. Price has to break the blue line to signify a retracement in general, otherwise...

KreditK

Ultra long-term play on Gold. It appears that price has broken the immediate trend line, even though I was expecting a longer push down and then a break. Regardless to get back in this trade, I will be waiting for a break and retest of the major (outer) trend line and then take a long until 1.272 extension. It is certainly still possible to get into short-term...

KreditK

Can an uptrend be underway? I have acquired a few confluences after observation. Price appears to be in a retracement at the moment. We can see from the macro perspective that new higher highs and higher lows have been established indicated by the arrows. To get into a long trade, for safety, I would wait until a break above and close above of the blue line...

KreditK

Continuation to a newly established uptrend. I will be watching price over the upcoming days (and possibly weeks) to see how this pair reacts at these levels. If lower highs and lowers lows are established, it would be a great time to hop in and ride the counter-trend trade. We can wait until the 61.8 retracement or whenever price makes new higher highs and higher...

KreditK

After observation, it is evident that price will continue in a newly established uptrend. If we do see a retest, it will most likely be around the 1.2750 handle, but it appears that this pair is already on the move. Either way, initial targets are at 1.272 extension, or the 1.3200 handle. If we see a break out of the triangle, then there is no need for a retest.

KreditK

IF price can hold at the indicated level (box drawn with arrows to it), AND we see a range of confluences from both higher and lower time frames (even though higher time frames might be indicating a bullish run for this pair, then we can enter and target the 1.272 extension/Monthly level.

KreditK

For all you counter-trend traders, do NOT forget we're in a bullish market. If price breaks and closes below preferably both of the zones I drew (a break below and close below of the first zone would already indicate a "trend-change" but both zones just in case), then you can get in on the counter trend-retracement. Target 1 would be the first large box (also 38.2...

KreditK

Haven't made any updates on this pair in a while.. We've seen an extremely strong bullish push on GBP pairs, and especially this one, in the last few weeks. I'm surprised there hasn't been any significant pullback yet.. Regardless I'm anticipating either a push towards the first box or the second box (use lower time frames such as 4-hour and 2-hour to see when the...

KreditK

The "long" trade I put out for this pair finally hit take profit a few days ago. I wanted to get into this retracement, but I'm very cautious with counter-trend trading as I will be attempting to guess the highs and lows... Apart from that, we can see a nice pull back at the moment, and I will look for confluence either at the highlighted level (also a 38.2...

KreditK

Had this one mapped out for a while. Although we're in a range-bound market at the moment, which can be seen from the monthly point of view, I'm anticipating a move towards the blue line for Target 1, which can possibly result in a push past the trend line, a retest, and a further move ahead towards the 1.272 extension. Reasons for entry into the market was a...

KreditK

No entry until break and retest of trend line, just an idea for several CAD pairs..

KreditK

No entry until break and retest of trend line, just an idea for several CAD pairs..

KreditK

No entry until break and retest of trend line, just an idea for several CAD pairs..

KreditK

Yet another long term play. As we can see, structure is broken and is making a retest which can follow a long move down. Ideally I would wait until a 61.8 retracement touch, but the box drawn indicates an area of interest for entry. It is quite possible that this pair can continue to make a move upwards since the break of structure was necessarily strong enough in...