this is my vision on EURUSD, many confluences speaking loud. Fibonacci important level, Key level, Price action and dollar Index coming back to strong. Just my vision
I will do a fast trade for 40/50 pips on EURUSD, if the price reaches my trigger point i will go short till the 38% Fib area, small stop loss on this one 1:2 Ratio. Trump and Powell are doing anything possible to push USD down against any pair, but in any case we can be smart enough to trade in both directions, this is a fast trade if the conditions are ideal, if...
My vision on this pair is bullish for the next few days for the Euro but i expect it to fall soon. Trend, Fibonacci and Fundamentals are pushing the EURO down and this is a perfect retracement. I want the price to speak first as usual so let's wait for candles to tell us more. Just my vision
FX:USDCAD My opinion on this pair is that we reached the perfect level to start shorting again, even if i guess many will be tricked by this last big green candle. I will wait for confirmation on this fantastic Fibonacci Level, price retested an old trendline and i expect the price to fall, but i want price action to speak first. Just my vision.
FX:GBPAUD This morning this pair is giving us a short idea, but I would be patient, I expect a bounce from this level but I want price action to tell me more clearly that the price is actually tired and wants to keep falling. We are in my fav level 50-61,8% Fibonacci, pin candle is about to form (let's wait) and we approached a resistance level, let's see what...
For those who followed my last post on gold we got at profit quite fast, now the same situation, again price in the 50/61,8% Fibonacci. Higher Highs and Higher Lows Swinging perfectly. I like to be cautious and I will wait till the bearish trendline is broken upwards. I don't want to mess the chart up but Ichimoku is making resistance in that point and price...
Just Technicals on this pair, we got a trendline coinciding with an important Fibonacci Area (38/50%) and it is also old support becoming resistance. In this case, we are following the trend which is wise with this crazy pair but nothing is ever certain. Just my vision
I have been looking at this pair since a while, one of my favourites. I see a possible short (fast) trade in here, we touched the trendline and in the same moment, we touched 38% Fibonacci and a 4H resistance, just waiting on this last 2H candle closing in 1 hour. Target at least the last low, from there we could take profit with half position and leave the...
An interesting situation I'm monitoring on this pair, we are in a downtrend since January 2018, we reached strong monthly support and an inverted head and shoulder is forming. The price could rise and touch/break the trendline or could bounce back and go again on the monthly support. At the moment Aussy is showing strength anyways. Let's wait for more confluence...
USD showing weakness and CHF is strong against it since April. Here we are in the 4H chart, My Ichimoku is speaking out loud, Kijun Sen broken, Kumo about to be broken and Switched from green to red in the next future, this is an example you could find in an Ichimoku Book. Also, the H4 Trendline is about to be broken and we have space to follow the trend line and...
My Vision on Gold is Bullish, looking at the 1-2-4H timeframes we get the impression that the sideways movement is about to finish, this last leg retraced on the 61,8 Fibonacci level and now is showing new strength. The trendline is gonna help us, Ichimoku is giving a strong signal, Kijun Sen and Komu Broken upwards. And my Kijun in this set is a 200, so much...
30 min chart on EUR/JPY shows us a possible fast target, we are following a clean trendline, price just touched 50% Fibonacci and trendline simultaneously, with a hammer configuration. Going long to the first resistance point. Just my view
A fast trade could be set in the 50% Fibonacci retracement, waiting on significative signals from the next candles to enter the trade. The level of retracement will tell us also the strength and the speed of the bulls coming back. I drew arrows to express my opinion on the possible bounces, but I will not move till I hear the price action opinion. The best...
Let's pay attention to this AUD/USD 4H chart for a moment. This pair is on a downtrend on the daily and weekly chart, I'm looking for a small movement counter-trend, so it would be risky. What are the conditions for the entry? well there is the Kumo protecting the fall but we must see a confirmation of this level in the next 4H candle, also the 61,8%...
We have a nice swing on the H4 suggesting us that the price might take off, simply looking at higher highs and higher lows and price action speaking about possible reversal, I'm gonna go long if the next candle will not close as a bearish engulfing, placing the stop just below the last low. Moving average crossed upwards. The price broke a daily trend line with...
I'm looking at 4H and Daily chart EUR/GBP at the moment, we reached an important key level, price is moving around this level since a while but it is struggling to get past it. The daily trend line was broken for the second time, after a scholastic pin candle, you could find examples like this in trading books. I got into the trade right after the pin candle but...
This is my vision on USD/JPY Daily. We are on weekly support, price action speaks about weakness and potential reverse. Daily trendline about to be broken and that what i wait for at 108.00 with a nice confirm, i will act if i see a convincing candle pattern. If nothing happens i won't move. Stop at 106.5 and Profit at 111.00. I expect a rebound at the 50% FIB...