exequorcapital

exequorcapital

We are looking at a potential Double Bottom here on the S&P 500 Daily chart. If we get a break of the 2818 area (neckline) we may see an initial push to the top side, followed by a pullback to the neckline (reentry or add positions) for a target up to 2915. We will look to go LONG on a daily close above the neckline with 3 separate targets.

exequorcapital

This week and beyond we are watching the EUR/USD on the H4 chart. There is a Symmetrical Triangle that has formed and we are looking for a break of a trend line. We favor the bearish break more due to political tension between Italy and the EU and Brexit as well. Upon a break and candle close of the lower trend line and the first Fibonacci support, we will look...

exequorcapital

We have a potential Bear Flag in the making on the H4 chart here. We are looking for a break of the lower trend line of the channel with a sustained move below 1.14000. Confirmation could come via an Engulfing Bear Candle on the Daily chart. Looking for a SHORT move of 160+ pips if we get that break (based on the measurement of the previous move - i.e. the flag...

exequorcapital

Looking for a break of the Entry Point around .65130 for a 1:1.

exequorcapital Updated 

Look for a potential pullback on FX:USDJPY . A lot will ride on the US GDP figures out later today. If there is a surprise in the figure and it comes in under expectation, then we will see this set-up take form. Keep an eye on this chart throughout the day to see if we get a break of 113.950 . We will look to go SHORT at 113.940 with a target of 113.550 . ...

exequorcapital Updated 

With the current spike down in the EUR across the board, mixed with our longer term view of JPY weakness - this looks like a great set-up. Bouncing off the lower trend line of the bullish channel, off the 200 day SMA with technical and fundamentals pointing towards a retrace. ENTRY 132.720 STOP LOSS 131.600 - 131.630 TARGETS...

exequorcapital Updated 

FX:AUDUSD is Oversold and bouncing off the 200 Day SMA. As well, looking for a bounce inside the descending Triangle. We will go LONG inside the triangle, looking for a retrace to the upper triangle trend line. There we will decide if we take a partial close with a break of the upper line or close the entire position. As sustained move below 0.77000 would negate...

exequorcapital Updated 

There is the potential to go LONG off the lower trend line of the currently BULLISH channel on FX:USDJPY . We would be looking to get into this market around 113.500 on a bounce. With the recent re-election of Abe in Japan, we figure that the JPY will weaken slightly through the end of the year. With this in mind, and hopefully with things in North Korea...

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Potential Bull Flag Continuation on FX_IDC:EURCAD . ENTRY Upon break of upper flag trend line. STOP LOSS 1.48320 TARGETS 1.48750 1.48955 1.49840 Published on 10/22/17

exequorcapital Updated 

Potential breakout on FX:GBPUSD setting up on the 4 hour chart. Both RSI and MACD are printing towards a potential pop in price upon a break. Also, with a break of the upper trend line price will begin to trade through the 50 day & 100 day SMAs on it's way back toward the 200 day SMA. We are BULLISH and looking to go LONG on a break around 1.32250 . ENTRY...

exequorcapital Updated 

The FX:USDJPY is looking overbought as it approaches 80 on RSI. As well, MACD histogram is turning negative and it looks like we are about to get a turn of the MACD back towards our Signal for a potential cross. As well, the gap up on the open this week looks like it desires to be filled. We are SHORT at the top of the bullish channel looking for a retrace...

exequorcapital

There are several things we are watching on the 4 hour chart of the FX_IDC:EURCHF . SCENARIOS 1) There is a potential Double Top in the making. Look for a break first of the ascending widening triangle lower trend line - then look for the Double Top to complete. 2) There is also a ascending widening triangle. Looking to go SHORT and see if we get a bounce or...

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What we thought was a potential Head and Shoulders Pattern may in fact turn out to be a Double Top instead. We have a lot of the same targets and analysis at the Head & Shoulders we believed was setting up. We got a rejection of price at the at 0.98360, this chart will come to the forefront of our mid-term strategies as we will then be looking for a...

exequorcapital

We have seen a Double Top pattern come into light on the 4 hour chart of FX:EURGBP . We will continue to watch this pattern and look to go SHORT on a break of the neckline at 0.88560 . Other factors - MACD histogram is printing in the negative - We already have a cross of the MACD (blue line) over our Signal (orange line). - Price is already trading below...

exequorcapital Updated 

There are a couple options of how to play FX_IDC:XAUUSD . 1 - We could look for a break of the upper trend line of the descending channel and ride the bull run up to the previous resistance level. OR 2 - We would wait for a break of MILD SUPPORT inside the channel and ride the bear urn down to the lower trend line of the descending channel. OR 3 - ...

exequorcapital Updated 

We are at the top of the Rectangle Pattern in the FX:EURJPY . Thought : We could go SHORT looking for a reversal back toward the mid point of the rectangle in the creation of a double top pattern. ENTRY 133.500 STOP 134.450 TARGET 132.450 Published on 10/18/17

exequorcapital Updated 

There is the potential for a short-term sell off in the FX:EURJPY with a break of the Lower Range Support Line @ 131.850 . We are looking for a break of support at 131.850 . If we get this break we will be looking for 3 profit targets and taking partial profit at each one. If we get that break over the course of the next few sessions, here is what our...

exequorcapital Updated 

There is a mild corrective pattern forming on the 4 hour chart of FX_IDC:GBPJPY . Seems like the pair is taking a little bit of a breather before it resumes downward again. Here is what we are looking for. Looking for a break of the lower corrective pattern line with an acceleration back into the bearish channel. Once we get a break of the lower corrective...