amanpaulbhogal

amanpaulbhogal

Please see annotated chart.

amanpaulbhogal

Please see annotated chart.

amanpaulbhogal

Please see annotated chart. entry - above high of low test bar stop loss - below low of low test bar target - at previous swing high or higher

amanpaulbhogal

Please see annotated chart

amanpaulbhogal

Please see annotated chart.

amanpaulbhogal

Although I have a bearish view on the major global stock market indices from a longer term cyclical perspective ( see older post ) and growing bearish momentum in the beginning of 2016 may well be a starting point, the McClellan oscillator, historically during a deeper market correct when oversold (below -80) has price resume an upward rally. Seeing this in the...

amanpaulbhogal

Please see annotated chart.

amanpaulbhogal

View on EUR/AUD based on reasons shown on chart.

amanpaulbhogal

WTI Crude may bounce off the rough level of 28 either reversing direction or pulling back as as deeper correction due a loss in momentum to the downside evinced by Stochastic bullish divergence .

amanpaulbhogal

Please see annotated chart.

amanpaulbhogal

Please see annotated chart

amanpaulbhogal

Using divergence , Stochastic bearish this time, a temporary short position has lined up on the 4 hour time frame on EUR/GBP. Price has given an inside bar below resistance and the 1.618 Fibonacci extension level . Targets may be placed at previous support where price could go to.

amanpaulbhogal

A short term long trade/counter trend trade on the 4 hour time frame taking cue from Stochastic bullish divergence and an inside bar at support and price hitting the 1.272 Fibonacci extension level. A possible pull back into previous resistance is likely where profits may be collected.

amanpaulbhogal Updated 

NZD/USD has retested 0.6500 today closing as a low test bar and just shy of trend line support. Price has also reached the 0.786 Fibonacci level closing above it. Stochastic and RSI show hidden bullish divergence. entry - above high of low test bar stop loss - below low of low test bar target - at previous resistance at ~0.6880

amanpaulbhogal Updated 

Coffee has been ranging between ~106 and 127. Price touched the bottom of the range and today's activity closed as an inside bar/candle indicating indecision, hence the potential to take a long position and reach for the top of the range. entry - above high of inside bar stop loss - below low of mother bar target - top of the range at ~127

amanpaulbhogal Updated 

Pushing downward, price has retraced suitably into a location of resistance on the chart, a static level of ~0.7080 and the 8 ema closing as a high test bar/bearish pin bar. Price has rejected both the 38.2% and 50% Fibonacci retracement levels. entry - below low of high test bar stop loss - above high of high test bar target - previous support level near 127.2%...

amanpaulbhogal Updated 

In a recent and new upward trend a shallow retracement into a support area consisting of a horizontal price zone and the 8 ema. This area falls around the 38.2% Fibonacci retracement region which price has rejected giving a low test bar/bullish pin bar suggesting a long position. entry - above high of low test bar stop loss - below low of low test bar target - at...

amanpaulbhogal Updated 

Shorting GBP/AUD as today's high test bar has shown resistance to ~2.0870, the falling trend line and 50 ema all of which have lined up close enough to a tee. Stochastic and RSI also show bearish hidden divergence . entry - below low of high test bar stop loss - above high of high test bar target - at previous low or lower Visit my Trading Blog ...