EURAUD SHORTS FIB GIVES us a road map if we see this stop at any level before our 78.6 we could see this pair fall to the levels below
looking for more weakness in the Yen move to the upside could be coming soon
simple set up awaiting the move BIAS to the upside after pullback
you may find this could turn into a long term trade if you position yourself correctly
taking the pair long after the pull back to the neckline
after the pull back we could see the bulls take this to the monthly level which would complete the major move we set many months ago
NZDCAD WE HAVE seen now change from a bullish market to a bearish market so we are looking at some levels of resistance that are key to the move to the downside lets hold patience and see if one of these moves plays out we are have highlighted 3 possible ideas for the move to the downside
here is an area were we would like to see the market take a dive to our highlighted area below
GBPNZD Patience is key here this will be due to the post brexit talks we are hearing and a weak NZD exporting nation currency
we are looking at a 1,2,3 formation that will give us a good risk to reward on this pair after the double bottom we are seeing a higher high only to retrace back towards the neck line of this pair. hope this works for everywhere
ideas M3 area to SUPPORT SHORT audjpy @ 77.55 SL (30 pips) Tp 76.17 2ND ENTRY SHORT audjpy now OR @ 77.25 SL 77.55 (30 pips) Tp 76.17
BEARS COULD BE IN CONTROL HERE..... WITH LOTS OF GAPS AND MUCH BEARISH PRESSURE WE ARE SEEING THE BEARS MOVE THIS MARKET TOWARDS THE DOWNSIDE .. IF ANY BULLISH MOVEMENT COMES FROM THIS WE COULD SEE THE RALLY TO 1.08894 AREA BEFORE FURTHER MOVEMENT TO THE DOWNSIDE .. LETS KEEP AN EYE OPEN
LETS SEE THIS PAIRS BULLISH MOVE TO OUR LEVELS ABOVE ANY BREAKS ABOVE OUR RED LEVELS TOWARDS OUT 38.2 WILL GIVE US A BULLISH BIAS FOR THE TIME BEING IF WE SEE A BREAK ABOVE 38.2 THEN THE TREND CONTINUES TO OUR NEXT LEVEL (50%) FOR MASSIVE SELL BIAS BACK DOWN TO THE DOWN SIDE
LOOKS LIKE BEARS ARE IN TOWN MAYBE WE WILL SEE USD BULLS COME IN JANUARY FOR SEASONALITY ON THIS FUNDING PAIR ALL IN ALL WE SEE THAT RANGE
like in the heading we are looking at the united states 10 year or other known as 10 year T note . we have tracked this chart before on the way down as we have seen in the previous GAP now since then we are seeing a market possibly rebounding and heading back to the northside of town follow for your self and make your own charts here on trading view.
SEEING THIS IDEA WAS KEY FOLLOW THE ACTION OF PRICE USE YOUR MA'S AS GUIDES PAY ATTENTION TO THE BIGGER PICTURE AND HOW FAR MARKET IS ACTUALLY LOOKING TO GO TRADE SMART TRADE SMALL USE THIS AS AN EDUCATION TOOL TO FOLLOW THE PROGRESS
HERE IS AN OUTLOOK IDEA FOR EURJPY MARKET NEEDS TO STAY ABOVE BOTH MA'S ON THE DAILY AT THE END OF EACH DAY . HIGHER LOWS ARE POINTS OUT AREAS OF TP INTEREST ARE ALSO LABELED ABOVE SCALE OUT AND SEE THE ENTIRE FROM THIS POST NOTE....WHAT IS IN THE VERTICAL RED LINES IS THIS WEEK (07/12/2020 - 07/19/2020) PROJECTION IS MAPPED OUT TILL THE END OF...