chastic

chastic

I believe we got a trustworthy reverse. The resistance at 4.29275 have been tested before. It broke out yesterday of the reverse cup, and is heading north of the 10EMA. Volume haven't picked up yet, so be aware it might do a drastic spike down over the next days, before continuing up. I have a bigger SL because I plan to hold this one for some time. For good...

chastic

It just broke resistance at 0.84780 yesterday and is now slowly moving up again. The previous uptrend (green line) is the new high, which I think it will be bouncing of and reverse in a day or two. MACD is forming a negative double wave, which often signals buying power is weak and it will continue negative.

chastic

The lower white trendline have been tested now 4 times. Still no break. When you see the volume on those break tests, it was low. No selling power. I am very bullish on GBPPLN. In general always been pleased trading PLN pairs. But we aware it's not the most traded, so progress can take days and weeks. RSI and MACD seem to slowly move upwards as well.

chastic

Depending on Crude Oil Inventories numbers coming out today, I believe USDCAD have been looking downwards for some time. If you see the RSI that have made a few bursts upwards, price didn't break the previous high on those bursts. MACD about to form a double wave. So I see a much bigger selling attitude from all traders. It would be wise to wait to see if it...

chastic

It's rebounding on the fan. EUR is not having a good morning, so a nice add for those that jumped in the last time I had this pair up. For new comers it might be a small entry for you. We are below all ema/ma's, rsi can't make new high. I believe a few coins can me made on this trade.

chastic

EURNZD will either break the channel and continue short or it will reverse. The general trend is downwards but I have a feeling it might do a reverse and rise shortly before dropping again. It looks oversold. I'm waiting to get a confirmation before going in. Break of trendline if short, break 10EMA if long.

chastic

To ride the wave of EUR shorts, this might be a quick profit to work with. If it breaks 1.151500 which its dancing around currently. It's not a popular pair and SGD in general, so be cautious if entering.

chastic

EUR is not having a great day, but a shift in good numbers from EUR will trigger a bull reaction and may reverse EURCAD. I am waiting for this to happen because every indicator on this chart is hinting a bull reaction. Wait for a confirmation before going in. Risk/Reward adjusted to 2.7.

chastic

AUD came out with a bit disappointing retail sales, giving fuel to this downfall against NZD. Volume is showing cash build up, rsi and macd is leaning toward lower price tag. Let it break 10EMA before going short. Also be aware Cash Rate and RBA Rate Statement comes out today in Australia.

chastic

Strong CAD makes this attractive. Even though the top resistance test only happened within a week and is a falls confirmation, I still think it's worth following and see if the it breaks short below 0.94500.

chastic

Looking ahead a turning point / entry is starting to form. Depending on what's going to happen at 128000. I am leaning towards short. Still think the dollar has more strength, but not worth betting, better be sure and be patient to see what will happen.

chastic

AUD came out strong with Building Approvals m/m and Trade Balance. CAD is not releasing some game changing numbers today, so a little chance to make a bit more profit for the weak on this pair. Keep an eye on the round numbers. Also be ready to scale or go completely out at 1.00520.

chastic

Waited for this to happen for some time now. Hopefully patients will pay off. I have a pretty aggressive short position. Be aware of my stop loss. It is large, but it needs to be over the breakout line so I do not get stopped out if/when stop loss hunt begins. Profit could be bigger than I show, but currently I limit it around 8.83730 which is the last time 200MA...

chastic

CHF seems to be strong across other pairs. I am short different pairs against CHF for some time now, but found this to be a nice entry point for new or already short positioned traders. It's not a pip harvest, but a comfortable setup for a potential small profit.

chastic

It might look like a 3TAP, but the last two taps happened within a week, so they are falls as individual taps. Volume on the last two taps did not break new highs, so support for breaking out long over 86.917 is weak. It's on my radar this week thinking it might go short soon.

chastic

EURNOK might not be the most popular pair, but it sure is graphical. Look at this 4TAP formation. You can be sure if that breaks, it will fall like a stone. If not, it might bounce up to a nice long which will eventually find support resistance again at 55MA, if it breaks that we look at resistance at 200MA. Really looking forward to see what eurnok does over the...

chastic

These days CAD is been a strong currency, that can not last. I have my eye on EURCAD. It have been sneaking upwards in its indicators and waiting for it to break 10EMA and 55MA before taking action.

chastic

I have been waiting for this to get down to resistance and reverse. Waiting for it to break the middle resistance 1.42522 before I go long. RSI MACD both signaling upwards. A few leading indicators for EUR economy is coming out today, might be worth waiting for those before going in. The only thing I don't like is going long on a trend that is generally short...