Bullish Cypher Criteria The B point retracement: 0.382 and 0.618 of XA, The C point retracement: 1.272 to 1.414 of XA, The D point retracement: 0.786 of XC Overview & Summary TP 1: 1.14239 based on 0.618 fibonacci retracement ( Short Term Target) Risk to Reward 1:2 Support at 1.1300 (from 15 Aug 2018 - 1 Nov 2018) Appears to be a channel...
FX:AUDUSD Awaiting Correctional Wave ABC Potential correction on Elliott Wave Rules for Elliot Wave Wave 3 can never be the shortest impulse wave Wave 2 can never go beyond the start of Wave 1 Wave 4 can never cross in the same price area as Wave 1 Support Level: 0.7750 Stop Loss: 0.7740 Target: 0.7928 Risk to Reward: 1:5
FX_IDC:USDJPY Triangle Upward Break Stop Loss: 112.150 Entry: 112.300 Target: 112.600 Risk to Reward Ratio: 2.0
AUD/JPY Short on Head and Shoulders Stop Loss: 89.000 Entry: 88.580 Target Price: 86.820 Risk to Reward Ratio 4.0
AUDUSD Potential Cup and Handle There appears to be a cup and handle forming on the AUD/USD - Potential Long Entry: 0.80210 Stop Loss: 0.8135 Target: 0.8085 Risk to Reward Ratio: 7.37
FX:EURUSD Cup and Handle? Potential Long as cup and handle begins to form on the EUR/USD Awaiting confirmation on the handle to confirm the 38.2% retracement levels. Risk to reward ratio 1:4 Entry: 1.20, Stop Loss: 1.19 Target Profit: 1.23 Note if the handle breaks 38.2% retracement then the trade is invalidated.
Near Term Setup - LONG USDJPY Expected reversal from 108.709 to 111.015 Entry:108.287 (based on April Support levels) Stop Loss: 108.709 Target Profit: 111.015 Expected Time frame for trade is 3 days Note: Reversal has not been confirmed as signal line has not crossed over as yet.
FX:USDJPY Long Entry 1: 109.0, Stop Loss 1: 108.75, Target 1: 114.4, Risk to Reward Ratio: 1:19.4 Entry 2: 108.3, Stop Loss 2: 108.00, Target 2: 114.4, Risk to Reward Ratio: 1:28.33 Trade cautiously and await for confirmation of entry signals Consider the horizontal channel which repeats itself over a 1- 1.5 Month Period Support levels at 109 & 108.35 ...
EUR/USD Short Stop Loss: 1.18 Target Price: 1.13 - 1.11 Apparent trend change from upward direction to downward direction Consider support levels at 1.13 & 1.11 Long term 1 year support Levels at 1.04
EUR/USD Near Term Setup for a Short Price will retest resistance levels from September 2015 upon reaching 2 year highs If the currency pair continues the pattern shown in the horizontal channel it is likely that it'll fall Moving average cross over has not confirmed a chance in trend direction as yet. Entry should be made once this is confirmed.
USD/JPY Outlook Resistance Level Target: 114.46 Support Levels: 110. 520, 110.107, 108.913, 108.157 Target Entry (Long): 108.913 to 108.157 (check for price signalling of reversal before entry) Target Entry (Take Profit): 114.46 There appears to be a horizontal channel which has formed from March 2017 up until now between 114.464 and 108.156. The price...
AUD/USD likely to retract. Simple Moving Average (7 days) and Long Term Moving Average (28 days) on a 4 hour interval chart are approaching a cross over indicating a change in market direction Relative strength indexes indicated the pair had previously had been overbought on a 4 hour interval chart and remains overbought on a 1 day interval chart at 73.84%...