On the NZD.USD 1hr chart we have a potential long opportunity's at the D leg completion of bullish Bat setup. The price reversal zone on this pair is between .6982 & .6968 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Bat setup placed at the .382% and .618% retracement of...
My basic daily & 4hr chart analysis on USD.JPY into this week. I will be updating this pair through the week on the 4hr and 1hr timeframe
On the GBP.JPY 4hr chart we have 2 potential trade opportunity's at the D leg completion of bearish Bat & Cypher setup. Bearish Cypher Setup ( Blue ) - D leg completion 141.114 Target 1 - 139.820 Target 2 - 139.027 Bearish Bat Setup ( White ) - D leg completion 140.281 Target 1 - 139.302 Target 2 - 138.695
My basic daily chart analysis of GBP.JPY into next week. I will be updating this pair through the week on the 4hr and 1hr TF.
The EUR.AUD is one currency pair tomorrow evenings watchlist. 1. Bearish Daily divergence 2. Bearish 4hr divergence 3. Trendline resistance dating back to the 09.02.2016 4. Resistance level at 1.4140 5. 1hr RSI overbought
My basic Monthly, Daily & 4hr chart analysis of EUR.NZD into next week. I will be updating this pair through the week post market open.
My basic 4hr chart analysis on the EUR.GBP into this week.
On the AUD.JPY Daily chart we have 2 potential trade opportunity's at the D leg completion of bullish Bat & Bullish Cypher setup. Bullish Cypher Setup ( Blue ) - D leg completion 84.684 Target 1 - 86.020 Target 2 - 86.830 Bullish Bat Setup ( White ) - D leg completion 84.245 Target 1 - 85.750 Target 2 - 86.663
On the EUR.USD Daily chart we have a potential short opportunity at the D leg completion of bearish Bat setup. The price reversal zone on this pair is between 1.1193 & 1.1300 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Bat setup placed at the .382% and .618% retracement of...
The EUR.USD is one pair on my watchlist into next week. We have now seen price run into a strong resistance and psychological level at 1.0750 which dates back to 2015. If we see a break and retest of 1.0750 i will be looking for opportunities to take this pair long back into trendline resistance dating back to 03.05.2016 If we see a strong reversal signal on...
The GBP.AUD is one pair on my watchlist into next week. Monthly: 1. Bullish RSI divergence 2. Support found at 1.6000 psychological level Weekly: 1. Bullish RSI divergence 2. Low-test candle formed at the key 1.6000 psychological level 3. Last week candle broke the previous month's candles Daily: 1. Bullish RSI divergence 2. Price breaking above Daily EMA 3....
On the EUR.NZD 1hr chart we have 2 potential trade opportunity's at the D leg completion of bullish Cypher & Bearish Bat setup. Bullish Cypher Setup ( Blue ) - D leg completion 1.5244 Target 1 - 1.5297 Target 2 - 1.5328 Bearish Bat Setup ( White ) - D leg completion 1.5412 Target 1 - 1.5334 Target 2 - 1.5286
We are now long CAD.CHF. 1 - .7400 Psychological level. 2 - Low-test candle formed into high confluence zone. 3 - Price retesting trendline dating back to 01.06.2010 4 - Price retesting trendline dating back to 15.01.2016 5 - Bullish RSI divergence Have a great day.
My basic daily chart analysis of AUD.JPY into next week. I will be updating this pair through the week on the 4hr and 1hr TF.
The AUD.NZD is one currency pair on this evenings watchlist. A very simple setup based on a high confluence break and retest of the 4hr EMA & 1.0920 resistance level. I will be updating this pair if / when we set a pending order
The AUD.NZD is one pair on my watchlist this week. We have now seen price break of a strong resistance and psychological level at 1.0700 which dates back to April 2014. Although price has broke, i will need to see a candle close above 1.0700 to confirm my analysis. I will be looking to take this pair long this week if the 4hr and 1hr charts give me a signal.
On the EUR.GBP 1hr chart we have a potential short opportunity at the D leg completion of bearish Bat setup. The price reversal zone on this pair is between .8749 & .8759 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Bat setup placed at the .382% and .618% retracement of the...
Whether you are a day or swing trader, this is one pair that had plenty of indepth opportunities to take this pair long. Below i have given 5 of my basic reasons for taking this position. 1. Target was set at the Daily historical trendline dating back to April 2014 2. Daily RSI was at 69.32 giving an indication there was still room to push higher in the coming...