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chartsareforships Updated 

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chartsareforships Updated 

heads up GBP rate decision in 10 hours

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chartsareforships

All, I don't usually post about OIL but watching the demise of USDCAD and DXY over the past few weeks; I had to look at it. Please be careful as there are signs that strength COULD BE picking up in oil. I'll be on the sidelines until further direction is confirmed. Your comments and questions are always welcome.

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HARMONICS... I'm in.

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Let's see how this turns out :)

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Hey Mates, Here we have a couple of harmonic possibilities, I'm short once the price breaks the blue trend line. Taking profits and watching price action at 38.2 retrace. Will update. If you take the trade make sure it's because your rules say so. GL and happy pippin!

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Mates, NZDUSD made a pretty critical turn yeserday 6/14 and has a bearish engulfing candle going today on the daily. I entered short at the very tip, but I think it is still good. If you enter, wait for a bounce and make sure it aligns with your own trading strategy. Good luck and happy pippin!!

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Mates, Not much explanation needed. I see this going down to 1.25 area... happy pippin! Cheers! - C

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Hi Mates, Here we have two possibilities in AUDUSD... I will update as I see the price action develop. No trades will be taken until a structure completes. TPs will be posted. If you take one of the trades make sure your strategy confirms it. This is not a trading signal. Good luck and happy pippin!!

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Hey Mates, First off, I apologize for the busy chart above! In my excitement for the very important support that (looks like) will hold after the break out of the sideways channel and the AB=CD pattern sellers have taken profits - there seems to be a fresh supply of buyers. Very important is the price that the AB=CD sellers took profits because it is...

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Hi Mates, Here we have two possibilities in EURJPY... The bullish butterfly will complete at the bottom of the pink structure if price action does not reverse course at the blue box, indicating possible completion of the bearish butterfly (the grey structure). I will update as I see the price action develop. No trades will be taken until a structure completes....

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Hi mates, IMO, CADCHF has put in a double bottom and is safe to long as identified on the chart. The blue arrows are just possibilites. If you enter make sure it is because your strategy confirms. Good luck and happy pippin!

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Hi mates, Here we have two possible 3 drives patterns in formation. Targets totaling 750 pips. If you enter make sure it is because your strategy agrees. Good luck and happy pippin!

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Hi mates. Here we have a possible 3 drives pattern in formation on GPBJPY. We will see later this week if it in fact does reach upper trend line and reverse. I will update with position my position status. Cheers and good luck!

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I see multiple signs pointing to EURUSD short. It is trading in a channel even after the Macron win in Frances' Presidential Election. I have highlighted several areas with arrows to watch for conformation of trend reversal. Only trade if it meets your personal requirements! Share your ideas below - Thanks!!

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I am shorting EU to fill the gap with possible heavy resistance at broken trend line. My stop loss is set very, very tight in case of a break to the upside of the recent high. If you take this trade, do so with caution and only if it falls into your own trading rules. Good luck & cheers! A special thanks to the awesome, diverse trading community. Comment with...