112.94 Supply looking to sell. Over a 9:1 risk reward as we try to run it back down towards larger timeframe demand.
Selling this pair at the 0.7207 supply. I do not typically use fibs, but with no discernible recent structure for targets, the 1.27 extension through previous lows is my target. 5r.
Looking to buy this pair around 1.6980 demand. Target is running it through previous highs / supply zone. 6.8r
Looking to get in a sell position on CadJpy from the supply zone around the 87.00 handle. Target at a 5.5 rr around the 84.00 lows
Looking to enter a sell around 1.6230 Demand zone around 1.6175 should be breached upon second return. Target right before fresh demand zone circa 1.6070
Looking to enter a sell around 131.00 Demand level circa 129.50 should be breached upon second return. Final Target over 8:1 rr
Looking to open a UJ Sell around 113.80. First demand zone circa 112.85 should be breached upon second return. Expect to see a bounce off of 112.30 demand before a final push down to 111.50 for a 7:1 rr trade.
Following a tight consolidation phase, GBPAUD has broken the bullish TL that originated from late-2017. With a test & rejection of the consolidation from underneath as well as a new lower-low, we have confirmed bear-bias. A counter-TL has brought price back to a key daily level that held as resistance late 2017 / early 2018 & was used as support for a bounce...
Recent Dollar strength has provided surges in Dollar-crosses, the Kiwi not excluded. It has provided enough fuel for this pair to gain momentum to break out of a long-term range that it was contained in. We will be watching for a retest & rejection from the bottom side of the range to confirm that it has indeed broken. Aggressive entries could be on the very...
EURAUD moving into important decision zone. With the previous uptrend being broken with strength we hypothesize this recent up-move is simply counter-trend to set a lower-high, with price being at an ideal location for that lower-high to be created. A selling opportunity will present itself upon a break of this counter-TL as well as a break of the previous...
Nothing complicated... BTC forming a basic, but beautiful, cup and handle.