jan80hansen

jan80hansen

A perfect 61.8 retrace last week and then a drop. Not uncommon, and could go either way at this point. But I'm in favor of down, so my plan is this: Since price is well supported in the 33-34 price range, I will wait for a bounce here, and entry below the bounce. I will update you when I find a good entry.

jan80hansen Updated 

Current price action could mean a top is in place for now. Looking for a move below 1480 today then back to the 1520s for an entry short.

jan80hansen Updated 

GBPUSD seems to hold well above 1.1990, 2017 low. I will buy once this wedge breaks. Long term target is 1.36 (not joking) by the end of the year. I will post a more long term view on GBPUSD later on today and, also USDJPY and XAUUSD.

jan80hansen

I'm looking for a pullback at this point to re-enter short. For those who still have short positions, it might be a good idea to take a breather here. Usually when price tries to break a channel, then moves inside, it usually gives quite an intense move in the other direction. But still, my target is January low.

jan80hansen

I think we will reach 1532 soon but, could see higher this week. Gunning for 1530 now and expect some pullback around this point to maybe go further long. Might see it all the way back to 1480s again next week to push higher.

jan80hansen

Thinking to place a long entry when the market opens Monday. After that, or if 1389 doesn't hold, I think we will see a pullback to 1460 level White: Entry Red: Stop Green: Target

jan80hansen

Look for more up on Gold. But, recent price action suggests that this bull will be running out of steam soon @ the 1514-1530 area. Will be looking for an entry short at this level. Could see below 1200 in January again. Was expecting a stronger pullback before 1500 but instead, price is running directly into resistance. Also posting a long setup later short term,...

jan80hansen

Red line :Stop White: Entry Green : Target Entered short as it is more likely market will take out stops below 1380 before a move further up.

jan80hansen

I'm entering long to take out 1272 and possibly 1284 before reversal. Look for USDJPY to beak 109.37 before reversal and know when to take profit.

jan80hansen

Volatility has been sqeezed to the max on majors on both the dauily and weekly chart. strong possibility for a pullback atleast for a new position short i June

jan80hansen

If there is any more upside i would expect price to hold above 108.6 I'm looking for a move lower than last week to arround 108.8 and sl 108.6

jan80hansen

Looking to short next week if price holds or closes below 1309. Target 1270

jan80hansen Updated 

If your in a short below march low i think you're in for a rollercoaster up before more down. At this point I think 1316 is a safe bet but the banks probably want to take out all the stops arround 1320-1326 then down again.

jan80hansen Updated 

If we move lower from this point we are at now look for support arround 1339-40. Bottom 1337 should hold.

jan80hansen

I've plaved a buy stop above 1350 and looking and looking for this retrace to end, that would be my stop. If this retracement doesen't end , nevermind.we're going down! :) Soft target is 1361 but split in to 2 positions and aim for 1370 on second position. If fist target is reached stop loss on buy in of second position.

jan80hansen

I'm currently on the sidelines to see if price can break above 9300,-That would be the bullish confirmation i need for further upside.

jan80hansen

I've placed 2 buy stop @ 1.2350. I'm cautious about pushing euro at this level but setup looks ok and first target should go well. If I see price spending to mutch time between 1.2350-80 level and moving towards 1.2340 again I might pull out . Will keep this post updated.

jan80hansen

12 000,- is key for further upside. If you see current pojected trend start to break and go back below 10 200,- we might see price go back to 6 500-6 700,- area. It would make more sence on the weekly and monthly charts. But I think one thing is pretty clear and that is we reached the bottom of the downtrend i febuary.