jpvil123

jpvil123

analysis provided on chart.

jpvil123

eurjpy sell

jpvil123

nzdusd sell

jpvil123 Updated 

nzdusd sell

jpvil123

EU sell

jpvil123

uc

jpvil123

clear move to the downside on the 4 hour chart. sell within this range and zone on a 61.8 retrace with a stop at the high of the area.

jpvil123

this position conveys itself well on the 4hour timeframe.

jpvil123

uj

jpvil123

With the correction phase seeming to be out of the way on this sideways range long term on oil. I expect now with price breaking above the recent resistance levels for a possible long term uptrend to begin sooner than later. With the length and time of the trend involved targets regardless of what trade setup is taken should be far away. I'm using a minimum 100%...

jpvil123

with the seeming weakness of the euro. There seems to be an engulfing nature to the high and then breakdown to the downside here on this recent swing down on eurjpy. If a 61.8 retracement can fullfill itself to the upside it could provide a solid area to enter at with a stop at the high and a potential start for a big move to the downside (if the continuing euro...

jpvil123

I think utilizing the rsi as well for some analysis on the monthly that the monthly has sort of broken out to the downside from here as well sharply.

jpvil123

even more so on the monthly as well it looks like a pattern that is often found before a breakout. (to the downside in this case)

jpvil123 Updated 

usdcad

jpvil123

same reasoning as the audusd short just posted. the monthly and weekly are even moreso bound in a downtrend at the moment with no look at all to them possibly recovering back to the upside soon. 1.0250 is chosen as a take profit because that also coincides with a 1.618 fib extension based off of the monthly elliott wave I have marked out on waves 1 and 2.

jpvil123

AU has crashed through the weekly to confirm and validate that it's in a downtrend. Ever since the drop the market has been correcting with no easily discernable impulsive nature to it. On the 4 hour chart the market seems to be collecting itself within a triangular wedge. If an immediate drop doesn't occur, I would expect the market to move to the upside until...

jpvil123

eurusd short

jpvil123

eurusd short