erillmann96

erillmann96

DAILY RESIS REJECTED + TL + 38.2% FIB + 50 EMA ON 2 HOUR CHART 38.2% FIB POTENTIAL C-D LEG TO WEEKLY SUPP 1.1150 TARGET

erillmann96

C-D LEG IN PLAY WITH 27 FIB EXTENSION DOWNSIDE TARGET AT 120.350 61.8% RETRACEMENT LOWER LOWS EXPECTED AS EUR SEEMS TO BE WEAK ON NUMEROUS PAIRS AND YEN STRENGTH ACROSS THE BOARD

erillmann96

61.8 FIB DESCENDING TL 50 MA REJECTION SPINNING TOP DAILY

erillmann96

PRICE SEEMS TO BE REJECTING THE INTRADAY RESISTANCE AND DAILY SUPPLY ZONES COUNTERTREND LINE REJECTION 23.6% FIB REJECTION HL AND LL ON 4 HOUR CHART LOWER LOWS EXPECTED BEFORE AN UPSIDE SWING TO 1.15 AND HIGHER!

erillmann96 Updated 

Chart should speak for itself. List of confluences as follows: 1. Trend line support 2. 2nd countertrend line support 3. 38.2% Fibonacci 4. Morning star pattern 5. Price still above 200 EMA

erillmann96

Price has fulfilled it's "C" corrective wave finding support around the 61.8%fibonacci retracement along with trend line support with other daily confluences. No one should be shorting this pair as of now. I shall wait for price to break above 1.12800 to confirm my long bias. Happy pipping and safe trading!

erillmann96 Updated 

USD/CAD has been in its descending channel making lower lows, and lower highs, along with a key level of resistance being tested as a triple top, and a textbook ABCD extension pattern we are expecting lower lows to be written. Fibonacci 61.8% support break will trigger my shorts. Target is 1.2830 which for me is the last support before a big bearish downside move...

erillmann96

Looking at the weekly timeframe, we see that EURUSD has been rejecting the level of 1.13500-1.4ish, and the Fib of 23.6%. We need a break and close above key monthly resistance+ trend line break at 1.15 which will lead us to 1.18500 + the 38.2% Fib. Also it looks like a higher high is about to be achieved for the EUR along with higher lows on the DAILY timeframe....

erillmann96 Updated 

As predicted we came down from ECB news down to 1.108-1.1100, down to the key trend line. EURUSD is now rejecting this trend line + 200 EMA + 50% Fib. Swing traders should look for tomorrow's news FOMC for a break past the 61.% Fibo and a break of the downtrend line shown. NEEDS TO BE CONFIRMED FOR LONGS!!!!

erillmann96

Charts speak for themselves here ;) SIGNAL GIFT <3 Entry. 1.43000-1.4210 Target. 1.3800 No i don't wait for news. Fundamentals react with Technicals

erillmann96

A weekly close above key monthly resistance last Friday above 0.7550 gives us projections of upside potential to weekly resistance at 0.7780. Statement is supported by Fibo extension level 161.8%, a weekly break and close of monthly resistance @ 0.7550 , bullish engulfing candle pattern. We are waiting for further price action.... a retest/consildation around ...

erillmann96

Price has consolidated above monthly support at 112.00 with the weekly chart showing a strong hammer candlestick pattern signaling a reversal is soon due. Along with daily showing us a morning star pattern and bullish engulfing patterns, with a break above the daily trend line shown we are potentially looking at at 117.000 being the target as key weekly and...

erillmann96 Updated 

Confluences 1. KEY Weekly Resistance/Support at 1.4210 holding well. 2. Doji Formation on yesterdays candlesticK 3.Follwing Recent Price Action this is a classic pullback trade 4.KEY DESCENDING TREND LINE HOLDS 5. FIBO 23.6% retracement also acts as resistance here...