Traaaderz

Traaaderz

After suffering a blow in the last month, GBPUSD has made a startling comeback. It has shown signs of bullish potential and may be on the verge of an upside breakout. Today appears to be an ideal dip buy opportunity as it was relatively overbought on Friday.

Traaaderz

SPY experienced its first pullback after the rally starting March 24. However the pullback was relatively shallow and SPY appears to be holding the level well. Although SPY is still under the downward trendline, since it is forming higher lows and it is holding above the .382 fib, it appears bullish and may break through the 20 day MA and trendline.

Traaaderz Updated 

After watching AUDUSD refuse to drop below the .6064 level, it became apparent it was a level of significance. With a fibonacci taken from the high of the 31st and the low at the start of today, the level turns out to be the .786 fib. In addition today's action appears to have just created a triple bottom, evidence of potential upside.

Traaaderz Updated 

Since a disastrous selloff 2 weeks ago, BTCUSD appears to have regained most of its losses. It has since made multiple attempts to break through the downward trendline. Seek long positions on a sustained breakout to the upside.

Traaaderz

Since breaking out to the downside today, AUDUSD experienced a momentary spike in buying. However the momentum has not been sustained but has instead shown a clear rejection and retest of the previous support. Sell to .6040-.6020 range.

Traaaderz Updated 

After undergoing a rally this morning, TSLA pulled back to the 50% retracement shown here as the base line. It has since shown signs of recovery and appears to be on track to reclaim 560. With the price above the cloud and the conversion line above the base line, the indicator points to strong forward momentum.

Traaaderz

GBPUSD has made new lows recently but shows signs of recovering. The most recent symmetrical triangle breakout and a previous triple bottom is evidence of more upside to come.

Traaaderz Updated 

Since rallying for the past week, USDCHF appears to have reverse off a previous resistance. Sell to the next support.

Traaaderz

Since breaking to the downside of the pennant in the last hour, USDJPY is likely to continue to the bottom of the channel. Recent historic lows can be found in the 99 range making the target likely.

Traaaderz

Yesterday's session formed a bearish butterfly harmonic making yesterday's close a good entry for a short. With already three touches of the current support, a fourth will likely be followed with a move to the next fib level.

Traaaderz

Although USDCHF recovered some of its losses today, it has stalled out and has been consolidating in a symmetrical triangle. Due to the long term downward trend, it is likely to break out to the downside. Enter shorts on the breakout targeting yesterday's lows.

Traaaderz

Since a short lived rally on March 2, SPCE has steadily crept towards 20, dropping below at open this morning. However it still holds above the Ichimoku cloud and the 200MA. Also today's low may be evidence of a bounce. If the market does not drop any further until Friday like the previous week, SPCE is likely to reach last week's level of 24.85.

Traaaderz

After a few days of volatility, SPY seems to have pushed upwards twice with a dip in between. Since then it has dropped down though not as far as the bottom. Although it doesn't perfectly follow the fibonacci levels of the bat harmonic pattern, my experience shows that harmonics do not always follow the levels to the t. This bullish harmonic is a good opportunity...

Traaaderz

USDCHF has encountered some volatility as of late as it has retraced back down to the bottom of the channel. It appears to have bounced off the bottom of the channel presenting a nice 100 pip target.

Traaaderz

Although it has marked its second day in the negative, TSLA appears to still be in a strong uptrend. Even though it has fallen below its post earnings trendline, it seems to have bounce off the bottom 2 hr bollinger band and .382 fib. In addition it sits above the Ichimoku cloud which is currently still green. The stoch shows that it is in a oversold condition...

Traaaderz

After going on a tear on Feb 19, USDJPY has hit a top and has traded sideways. After forming two bottoms today, there is evidence that it is a support and a trade can be safely entered. Target top of the channel or 112.47

Traaaderz

Since recovering from January lows on Feb 5, USDJPY has been stuck in a range, unable to break to the downside or upside. However it appears there is room to the upside given the uptrend since August and the rather quick recovery from the January lows. In addition, it may have formed a triple bottom which can be more clearly seen when viewed in a 2 hour timeframe...

Traaaderz

After a rally starting Feb 4, it appears to be losing steam. In addition to breaking a trendline formed at the beginning of the year, it has formed a heads and shoulder pattern of 3 drives, with the middle one larger than the other two. The neckline seems to have been broken with a current correction wave reaching back to that level. Sell to T1 = 9266 (.382...