asg1
WAIT FOR BREAKOUT WAIT FOR EMA TO CROSS OVER TARGET LEVEL -27 ON FIB
FLAG BREAKOUT WEDGE BREAKOUT HEAD AND SHOULDERS EMA CROSS OVER BEARISH ENGULFING
WE HAVE FORMED A HEAD AND SHOULDERS ON GBPJPY WE COULD EXPECT A FUTHER DOWNSIDE T0 THE MONTHLY SUPPORT @125.090 HOWEVER ON THE FLIP SIDE IF WE BREAK PAST THE MONTHLY RESISTACNE @160.956 I WOULD BE LOOKING FOR BUY TRADES ONLY.
BULLISH TREND WAIT FOR DOUBLE BOTTOM TO FORM THEN TAKE THE TRADE 38.2% RESISTANCE SHOWN ON FIB LEVEL
BROKE OUT OF TRIANGLE FORMED A DESCENDING FLAG BROKE OUT OF ASCENDING TREND LINE AND NOW RETESTING RESISTANCE SHOWN AT THE 61.8% ON FIB LEVEL. GOOD TIME TO ENTER NOW
SUPPORTED FIB LEVEL 61.8% 4 TIMES AND SHOWN RESISTANCE ON ALL 4 TIMES. WAIT FOR TREND LINE TO BREAK TO TAKE THIS TRADE. PREDICTING OVER A 1000 PIP BEARISH TRADE
BROKE OUT OF WEDGE TREND HIT SUPPORT AND WHEN BULLISH, HOWEVER WE HAVE NOW FORMED A SHOOTING STAR CANDLE STICK. FURTHERMORE THIS IS A STRONG CANDLESTICK SIGN OF A REVERSAL IN TREND. WE HAVE ALSO JUST HIT THE 50% MARK IN FIBONACCI MEANING WE COULD EITHER GO BEARISH FROM HERE, OR IT MIGHT GO BULLISH AND THE 61.8% MARK AND OUR RESISTANCE LEVEL THEN BE A STRONG...
MARKET FLUCTUATING AT A LEVEL OF 1.8500-1.800. THE 1.8500 HAS SHOWN PREVIOUSLY AS A STRONG RESISTANCE LEVEL; WE COULD BE LOOKING FOR SHORT TRADES. WAIT FOR PRICE TO HIT BELOW 1.83200 AS THIS WILL FORM A HEAD AND SHOULDER FORMATION AND WILL BE A STRONG SIGN TO GO BEARISH. (If the head and shoulder is shown to be successful, we could look for further bearish...
REVERSE HEAD AND SHOULDER ILLUSTRATES A BULLISH TRADE. WAIT TELL BULLISH TREND ENDS AT AROUND THW 1.67500 MARK WAIT FOR FURTHER BEARISH CANDLESTICKS TO FORM AND LOOK FOR SELL OPPORTUNITY ALSO SUPPORTED FIB AT HOURLY AND DAILY FURTHERMORE HITTING THE 50% MARK. COULD BE LOOKIN FOR A SELL TRADE UP TO 1.6300 MARK.
RESPECTED DOUBLE FIB LEVEL BROKE OUT OF WEDGE AND FORMED A DESCENDING TRIANGLE FORMATION REVERSE HEAD AND SHOULDER PATTERN
ELLIOT WAVE HAS BEEN FORMED. THIS IS THEN FOLLOWED WITH AN ABC FORMATION. WE HAVE FORMED A TWEEZER TOP AND BEARISH ENGULFING WHICH IS A STRONG CANDLESTICK SIGN THAT THE TRADE IS MOST LIKELY GOING TO CONTINUE TO BE BEARISH. WAIT FOR THE CANDLESTICKS TO BREAK PAST THE SUPPORT LINE THEN SELL.
BROKEN OUT OF WEDGE, HOWEVER WE ARE LOOKING FOR A PULL BACK AND FOR IT TO HIT THE 1.30200 MARK BEFORE WE EXPECT ANY MAJOR SELL TRADE.
TREND LINE RESISTANCE RESULTING IN AN UPTREND. ELLIOT WAVE HAS BEEN FORMED. COULD SEE A POSSIBLE ABC FORMATION. FIRST TRADE SHOULD BE LONG. AS SOON AS TRADE HITS THE 0.69400 START TO SELL. WHEN SELLING THE TRADE IF THE TRADE BREAKS PAST THE FIRST TARGET LEAVE THE TRADE ON.