Look to form a bullish candlestick formation on Sunday Night; break the CTL and trade toward former support/now future resistance at 20990. If we get bullish action, we can take this up to the daily .382 retracement area at 2.1777. Have a great weekend and let's see what we get on Sunday evening.
Traders who start celebrating when something runs their way are never the ones who make it... Stay Vigilant and respect support resistance areas. Know how to manage.
Before taking on any longs, break this line and trade above the pivot. If this downtrendline is respected, break the uptrendline below and head to .7621
For Sunday we are watching for a buy from the bottom of consolidation We actually began the trade from 1.2950 on Friday. Look to rally to the top of consolidation 1.3339. We may get the reverse out depending on what happens with the OPEC meeting. One thing to keep in mind about oil prices, once they start dropping like this, they can continue to drop for quite...
This daily configuration on the US dollar shows support from the blue pivot line and support from the back of the trendline with a shallow retracement. US Dollar appears to be at the bottom of consolidation on the 2-hour chart. I will be trading up to the 12040 resistance until selling during this week (April 11-15). So, I will be looking for a bullish...
I have received about 100 or so private messages regarding adding entries into targets. Whereas I am not a long term bull on this pair, I wanted to use this one to illustrate how I add to positions. I have been watching a potential add entry on this pair back into the 183 area on this pair, which is the 1.27 support since yesterday afternoon. I typically will...
i am selling the 1.180 looking for a deeper C on this chart. Today we have a test of the B boundary and it is feasible to assume that we could pull back up and see the 1.27 level (second green line) in the event we get some weak dollar action today.. However, I am looking for the deeper C in the .382 area of this chart at 7370 area. Have fun!
Although we have the pounds falling, I've entered a preset order from the 2 hour 1.270 fibonacci support level back up to a projected C on the 2-hour chart trading to the 618 at 2.1034 at 2.15. Thanks!
If the structure provides the opportunity, I am looking to break the CTL, form a bearish candlestick formation, pull back to CTL and enter. Looking for 158.17
Looking to get long on the pullback and the CTL break
With the break of the CTL (red line) I am buying the bullish structure at the back side of a trendline... Tale profit is up around 19060. Thanks!
Entered this position trade long... initial target will be 171 and perhaps more longs up to 17450. This trade could sell lower and buy from the 162 area. If so I will remove this and rebuy from lower. I have pulled 50 pips off so far. Thanks!
Sold this with other yen reversals today.. Entered on a test of the engulfing bearish CSF down to the Daily .382 at 160.85 Making the right tip of a crown. Then we are going higher..
Sold this with the yen reversals. Take it back to the 618 on your two hour.
Thinking that Pound will drift lower and Euro is poised for strength. Hence the EG long. Set an alarm when we get to .78 and then look for the longs into targets .8050 and .8220. The targets are forming the potential C on the Daily chart which is in a down AB boundary. Thanks!
Break above the uptrend line (as we have done) pullback to support (as we have also done).. I am running the second one of these longs from 1.8782. I've adjusted the target to 18890 for today... Thanks!