OFPA_FX

OFPA_FX

As the pull back is off a DZ, which in my system means Bullish bias, I will only look to SHORT on confirmation at the SZ highlighted. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of...

OFPA_FX

Chart is self explanatory DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. PRICE ACTION...

OFPA_FX

GBPCHF made a very strong D1 Bearish closed. AUD might be weaker than GBP as seen in the strength GBPAUD. So AUDCHF should be a better sell. But GBPAUD is reaching an area of resistance and Fri price action looks like it might be coming off. Moreover, AUDCHF down move seem a bit overstretched. Thus, I choose GBPCHF instead of AUDCHF to go SHORT on pull...

OFPA_FX

Price has broken a downward trend line and previous structure high. Looking to go LONG on pull back DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly...

OFPA_FX

Chart is self explanatory DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. PRICE ACTION...

OFPA_FX

Chart is self explanatory DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. PRICE ACTION...

OFPA_FX

I will be looking for a confirmation SHORT at the D1 SZ(potential right shoulder). Chart is self explanatory DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise...

OFPA_FX

Chart is self explanatory DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. PRICE ACTION...

OFPA_FX

Chart is self explanatory DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. PRICE ACTION...

OFPA_FX

The chart is self explanatory DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. PRICE...

OFPA_FX

After hitting the low, there was a sign of strength before a congestion set in. Looking to the left, one would notice a structure low. The congestion looks to me a accumulation. I believe that we are seeing a reversal of price in the coming week. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute...

OFPA_FX

GBPAUD might be making a reversal soon. There are 2 sign of weakness H4 candle shown, with the second SOW rejecting the first SOW. Looking to the left, we can see a structure high as well. We should see price trending lower next week. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment...

OFPA_FX

After a Bullish move that started from mid week before, price pull back. Late Thu, we see sign of strength(candle A) which is confirm in the subsequent Bullish move. But It met some resistance @ 1.0260 level and pull back(candle B). Notice that candle B doesn't really have a very high volume. Which tells me that professional selling might not be behind this pull...

OFPA_FX Updated 

After hitting the low on 19th Mar, price make a strong Bullish impulse move towards the high of previous week before pulling back. It has since been making higher low throughout last week but resisted by the week high. Measuring from the low to the high of the triangle, we are seeing a potential 500 pips up move if the resistance(high of the last 2 weeks) are...

OFPA_FX Updated 

Since 18th Mar, price has been making higher high/higher low. Last Fri NY closing session, I spotted sign of strength(SOS) in the second last H4 bar. It was the highest volume traded on Fri but price close in the middle range(SOS). And the fact that the next bar close near the top of the high volume bar with lower volume kind of confirmed the strength of CADJPY....

OFPA_FX

WTI might have hit a bottom for the time being. Candle A exhibit sign of strength(SOS). It registered the highest volume for the day but yet closed in the middle of the range. Candle B confirmed that Bulls are stepping in. The lower low tells me that price attempt to go lower. But the candle actually closed at the high of the bar range and near the high of...

OFPA_FX

GBPNZD has been very much in range for the past 2 weeks. At present, price has reached the higher range. I am of the view that we are seeing a possible Bearish reversal. If you notice, one of the H4 candle(B) registered the highest volume for the week. That for me is a red flag. The second red flag is that this highest volume is at the top of the 2 weeks range....

OFPA_FX

The chart is self explanatory. With all the evidences presented, I am of the view that Copper is coming off next week. DISCLAIMER: Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice. I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which...