


Talk_Forex96
very bullish bias longs longs longs to the zone
Spotted this descending channel which recently retraced up to 61.8% fib and now its ready for another leg to the downside. Not trading with all the euro conditions of uncertainty
looking like it wants to break to the downside. Sell upon break out. Neutral for now
Descending Channel Targets as displayed Short upon break of 1.2200 Simply Fib Play Enjoy.
Aussie ranging for now. Look to play it upon break out to either direction but favoring downside since its heavily in a downtrend. Patience for now. Sit a side.
Potential long setup at the lows since its in a nice uptrend. Could take all the way back up to 125.65
Very bullish. Buy upon pull back targeting 1.1280
Based on recent P.A . Only buying this particular pair. Major key levels / zones. Charts do the talking. Simple as it can be.
HEAD & SHOULDERS NECKLINE HAS BEEN RETESTED. READY FOR MOVE LEG UP
-You can see currently in an uptrending channel. -Looking at only bullish moves on this pair. -If break of 1.5600 level will lead to 1.5800
-As you can see, GBPYEN is on an uptrend so we only look to play long positions based on P.A. -We wait for a clean break to the upside and retest of structure for long opportunity/trend continuation play. If not, wait for a pullback to highlighted support and a long opportunity will present itself.
-Chart pretty much says it all. -Quick technical analysis potential short setup. Update: The neckline was not able to be breached so therefore no entries were triggered.
Look for potential short entry and bearish evidence at highlighted zone if pullback occurs and ride it to previous low.
taken out the major support level @.82386 broken of down trend line next upside potential TARGET @.84461 (retest, continuation may occur)