Looking for reversals patterns to form around 1.64100 before going short.
GJ has just made a LL, JPY news could push price up so that GJ can make that potential Lower High. I will be looking for reversal patterns to show before going Long. I'll most likely be sitting on my hands until GJ makes that LH as (GBP is extremely bearish right now)
I'm looking for Longs on NZDUSD, targets at 100% and -27.00%. Had a nice Doji Daily Close today. Hopefully, we have that Bullish Engulfing to create the morning star formation and up we go.
I will be looking to see how price reacts to 96.60-96.46, if it holds as a support it will create an inverted Head & Shoulders. I will then be looking to go Long on USD/XXX and Short on XXX/USD pairs. NOTE: DXY UP = USD UP. DXY DOWN = USD DOWN
I'm currently in a Short on Gold from 1422.600, reason being is because I'm expecting a pullback to 1366, before a continuation upwards to 1450-1470. I will be going Long once we get the pullback into 1366.
Looking for a Short on GCAD, will be waiting for a pullback into 1.66370 before going short. Target 1 at 1.64000
I will be looking for a potential pullback to 1366-1350 before going long. Unless we keep breaking above, 1412.120 would be an area I'd like to see pullback to before going Long.
Looking for more Shorts at 1.132379. USDCAD previous setup has hit target 1: 280+ pips. I still think there's a lot more pips to be caught.
We are at the top end of the Monthly Range, so I will be looking for a reversal at the 1.63500 Key Resistance level. I did post this analysis on the 22nd of May, However, we have finally approached this level today.
A double top formation seems to be forming, so I will be looking for reversal patterns to form around the 61.8-78.6 region before going Short or even a break of the 2hr CTL. The previous setup was invalidated as there was no reversal pattern. Keep an eye out on the DXY.
I will be looking for reversal patterns to form around 122.250 or inside of the fib regions, Counter-Trendline retest
Looking at the Weekly Time Frame there does seem to be a Double Bottom occurring at 51.40, which is why my long term bias will remain Long unless we have a Weekly close below 51.40, Potential upside targets are huge (500+ pips) as the double bottom is on the Weekly. 4HR time frame we are in a range (Short reversals occurring at around 55.00 & Long reversals...
I will be looking for reversals to form around 1347-1350 for a potential short. I do see Gold making a retracement to the 61.8-78.6 fib region or make it's way back down to 1275 for a swing higher. So for potential targets Target 1: 61.8 Fib Final Target: 1275.000 (If there is a Weekly Closure below 1275 I will continue to hold). If I do see any reversal...
Strong Bearish Weekly Break of the Weekly Ascending Trendline. I will be looking for a LH to be made at around 61.8 before going Short. Target 1: 1.31054 (400-500 pips) Final Target: 1.2200 (1000+ pips)
NZDUSD is looking to make a Higher Low before making a continuation. I will be looking for a reversal pattern to form around the 78.6-61.8 fibs to open up another Long Position