FX:USDCAD Sell Price following downtrend Price broke an important Mayor Zone. Could be testing before continue going down MA's confirm downtrend with the cross. Price seems to rebound in 6EMA SL above last Mayor Zone TP above next Minor Zone
FX:GBPAUD Sell Trade based on five MA Price made a retracement on the way down (50 EMA). In that retracement, a nwe high pivot point was made. A wave is created with that high and the prior low pivot point (we will use this as SL as seen later on) TP just above last low pivot point SL above value zone (seen with line chart)
FX:CADCHF Sell Trendline broken with bearish candle MA's show change of trend SL on nearest pivot point TP on next pivot point 1:1 ratio
FX:EURAUD Sell Trade based on MA's. With the last candle open, it was a doji, but then changed to a bull candle. 30mins uptrend. Maybe should open the trade. SL in next resistance (mayor zone) TP in next support (pivot point) Lets see what happens. No high impact news for both currencies tomorrow
FX:EURAUD Symetric Triangle Symetric triangle after a high is reached. Change to downtrend. Triangle has 4 touches Clear break downwards Not great RRR but EMA's confirm breakout and downtrend. SL in the last high TP2 little bit less than the tipical triangle measure (highest - lowest point). Minus that measure to breakout point TP1 is 50% movement ...
AUDNZD in a bullish trend due to Fib Lvls of last swing. Price rebound at 61% and made another stop at 50% to continue its way up MA 80 shows uptrend. Doji predict change of movement. Possibly up SL in 61% Fib TP in last high pivot point No news today For AUD or NZD, even low impact Friday trade
FX:CADCHF Bullish Broke trendline MA's confirm uptrend Doji shown TP1 in past pivot point. Once TP1 is reached, move SL to breakeven TP2 just below mayor zone SL below minor zone No news for tomorrow friday
FX:EURCAD showing a Synetric Triangle Pattern made after a masive bull run. Now we are in downtrend. Triangle has 4 touches (2 in the upper trendline and 2 in the lower one) Breakout is made in the 5th touch. Pattern has falling volume, another caracteristic of pennats Re-test made after breakout and price stopped at 61.8 Fib. Fib made with the last...
FX:USDJPY Measure Move Down Measure move down starting at the top of the trend (first leg). Prior pennant inside movement. Corrective fase and we enter the trade as soon momentum bring movement downwards again. Second leg starts after correction fase. Lenght use to be almost 80% of the first one, so we project that measure down from the end of the...
FX:EURGBP SELL Sell position opened Fib made in the last swing Price retracement made in the Fib 61% with a doji candle. Posible trend reversal. Objetive is only Fib -27% as we have a mayor zone and price could possibly rebound there.
FX:USDCAD Continuation of previous trade. SL hit before so we enter another trade at a better price