dipdizzywizzle

dipdizzywizzle

AUDCAD Potential Trading Opportunity! I will be looking to short AUDCAD because of the underlying fundamentals between the two countries have been pushing prices lower over the past year. We are approaching a strong zone of resistance and AUDCAD has been trending downward in a nice channel. When price gets into the zone it will provide a good opportunity to...

dipdizzywizzle Updated 

This is my analysis on the future of Bitcoin. In the past year Bitcoin has run up hard 3 times and each of the previous 2 times it has pulled back to the 61.8% Fibonacci retracement level. On this run up it finally hit the psychological $10,000 mark and over shot to the $11,500 area. Additionally, Bitcoin is showing double RSI divergence and failed to complete...

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GBPJPY has broken the down trend around the 144.60 on the 4 hour timeframe. From the current price we are looking for a small correction inside our established kill zone for an opportunity to buy long for a nice trend continuation trade to the upside. If price breaks out and above topside resistance early then we will be buying long above the established zone. ...

dipdizzywizzle Updated 

GBP/JPY has now bounced off of support in the 138.00 zone on the daily time frame and has clearly broken the recent down trend. We are now looking for a harmonic retracement in the neighborhood of the 61.8 fib. Our long entry kill zone will be between the 50% and the 61.8% fib retracement levels. Price has established a perfect 45 degree uptrend angle (Gann) so...

dipdizzywizzle Updated 

EURUSD completed retracement and has rallied back up to retest the high...with a close above the high and conformation this looks like a good long trade up to target # 2. Just my idea. Plan your trade and trade your plan.

dipdizzywizzle Updated 

Harmonic pattern complete. Next stop 135's

dipdizzywizzle Updated 

USDJPY long bounce play coming up on the 4 hour chart. This setup will likely start off with London and carry through to the US session. I am expecting price to continue to drip down lower (price action is still 63 pips from the bottom of the channel) until we get a good solid bullish rejection just in time for the London session. Price has been trapped between...

dipdizzywizzle

Short term sell USDJPY 100 pip 122.7 pip target 46.9 pip stop loss so adjust your position size accordingly. Just my idea so always plan your trade and trade your plan!

dipdizzywizzle Updated 

Same as her sister the GJ just a little stronger. Good luck all and please trade with caution.

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The landscape for now. Short term long run with an upcoming big short entry.

dipdizzywizzle

For you pattern traders...she has already hit target #1. Looking for #2 and then on to possible extended targets! Just my view on things if it does not meet your setup then do not trade it and as always please trade with caution and good luck to you guys! Kindest Regards, MFWIC P.S. GJ is running a little behind UJ but the London open should help this...

dipdizzywizzle

Same setup as the USDJPY, looks like the standard 38.2 fib short term trader taking profits aka scalpers and day traders in Asia. Might have a little more retracement possible down to the 50 but should be looking for an upside target in the neighborhood of 141.167. This is just my idea so always trade your plan and trade with caution. Good luck all!

dipdizzywizzle

I think we are looking at the typical short term traders profit taking level (the 38.2% fib retracement) then it should be up from there...I have it projected to 113.377 but well see. As always good luck guys and this is just my idea so follow your plan and trade with caution!