hello, Lets look at CADCHF Entry 0.77065 TP0.775 SL0.76785 WHY? looking at the hourly chart, 0.77 level got tested several times prior to 1/9/2017 before bring broken through on 1/9/2017 and went higher to around 0.779 level and came back down to 0.77. 0.77 then got tested as support several times on 4/5/6 Sep. Lets see if the support is strong enough for another...
Hello, Lets look at EURGBP this time. Why? 0.925 was reached once last year in October 2016. The one before was back in September 2009. 0.925 - 93 is a significant level. Fundamentally, EURGBP could go higher, but since it has had a 900+pips move since April 2017 from 0.83117 to 0.9299, i think it is time to retrace Target? Lets target fibo 61.8% -0.89 level...
Hello, EURCAD Entry 1.496 SL1.505 90pips TP1: 1.486 96pips TP2:1.475
Hello, Lets look at EURJPY this time Entry 130.934 SL131.755 82pips TP129.6 - 130pips Why? Yearly high has just been reached. Last visit at 131 level was back in Feb 2016. Lets anticipate a 100+pips fall before deciding the EURJPY future. Happy Trading, Patience Pays
Hello, WTI is now trading at 46.117 Target 47.1 SL 45.35
In consolidation mode. bounced from the support yesterday. as soon as resistance is broken, we can then aim higher
Hello, Lets look at GBPNZD Critical Zone 1.785 ~ 1.794 Short at 1.7794 SL 1.79 (110pips) TP 1.74 (390pips) Why? In April 2017, 1.785 ~1.79 level was served as a resistance for 12 days before broken higher. It then acted as support for three consecutive days in June 2017 after 1.785 got broken. After 1.79 level was broken in June, it became a strong resistance...
EURCHF closed so strongly this month. lets bring it back to the where we were two years ago.
this pattern is very much like the one happened from 30/12/2017 to 22/2/2017 from 0.726-0.78 (500+ pips). Green zone being the very crucial zone. If i holds up in the next couple of days, very likely history will repeat it self. currently at 0.7452 SL0.745 TP 0.76 / 77 / 78 remember patience pays! lets reap what we sow today.
This pattern is very much like the pattern we saw from 30/12/2016 at 0.726. It went pass 0.7468 on 10/1/2017 peaked at 0.76 and came back down to the green zone before going further north and hit 0.78 on 22/2/2017 (500pips plus move). This time i started on 6/7/2017, broke through critical zone on 14/7/2017, reached 0.76 on 20/7/2017, reached support level on...
Looking at the chart, 1.465 being the critical level as it served as a support prior to the breakdown on 12/7/2016. 1.465 was tested twice on 18/7/2017 and 20/7/2017. Worth putting this pair into your watchlist for the next couple of days or weeks. If it breaks and closes above 1.465, go long, TP 1.481 (160pips). But my bias is it is going to stay below 1.465,...
significant level .6000 got broken through this morning. strong bullish candle! 0.62 here we coe. rr2.88
.88 as a significant support for EURGBP which is hard to break in short term. with GBP losing strength and EUR is gathering momentum, lets look up!