lluiszardoya

lluiszardoya Updated 

After a tremendous rally, we have seen a great deceleration forming a Head and Shoulders formation on the daily chart. Being the head in a monthly key level. Now the price is just below the weekly level of 145. If we want to add some confluences, we can see the sell set up/flag pattern formed on the H1 chart. The tp will be at the next monthly level, which...

lluiszardoya

After Uk minister speech yesterday 17th of JAN. we saw a massive strenght on the GBP. The biggest rise since 2009. We have seen a lot of volatily and after a 38% retracement, and a flag being formed, we can short the EURGBP with a great risk reward. This Take Profit is short term, but it can be bigger if analizing the daily chart. The cross of the 50 Moving...

lluiszardoya

After an incredible ending for the USDJPY, rallying crazy with no deceleration, it has now formed a double top on the daily chart. Giving us an oportunity to catch a downside move with a profit at the 112 level. If a flag gets formed there, we would see a major retracement to the 106 level, but if it rejects it hard, we will se another test of the 118 level. Hope...

lluiszardoya

After a perfect elliot wave, 12345 and AB, now the B leg has formed a sell set up, also looking like a perfect flag formation. Zooming into the lower timeframes we can see the break and retest of this B move and has given us the Short Entry. 2017 STARTS NOW.

lluiszardoya

We've recently seen UsdJpy rally like crazy. It has now stopped at the Daily Key level. a distribution triangle has been formed and now it is moving sideways on the lower timeframes. We are waiting for a flag pattern to form to be able to get a big bearish move. Anyway, we are on holidays and the markets will be acting strange as the New Year is coming. No big...

lluiszardoya

As the green C movement was the last part of the Elliot Wave, we are now waiting to se some consolidating in the 122 level. If that occurs we could consider trading the break out and go for the pink C of the ABC pattern. This is a super long term trade. It could take up to 24 months. By the way, the 122.5 level is a key level that we better be carefull as it could...

lluiszardoya

After some indecision, last week a doji candle was formed in weekly major support level. We can now se on the daily chart some head and shoulders pattern indicating long for EU in the short term. We are expecting it to reach the 61.8 fib retracement on the green line, and then a possible downside breakout. This will probably stop at the -27% extension to then...

lluiszardoya

We are short as the hourly chart is trading below the ascending support line, now acting as a resistance line. Also we are on a historic key level of resistance. Also confluence with daily descending trend line.

lluiszardoya

In this ocasion we are long on Gold as we explain in our youtube channel GLOBAL WEALTH CO

lluiszardoya Updated 

In this image we can observe the impulse the chart is having on 4h. Now just touching the -27 retracement we are waiting for the chart to move down a bit to enter a long position aming for 1.3143 level.

lluiszardoya

We can see on the H1 chart a double top has been formed. A good oportunity to short for intraday. Then when price gets to the 1.4300 level!!! whould have lots of confluences to go long as a swing trader....

lluiszardoya Updated 

We have recently seen a sideways move. We saw a big bearish movement and quickly lots of buyers got back in. Maybe market makers were trying to eat stop losses. Now, the market could continue to fly as the market has made new highs on weekly timeframe. Ttrend could continue.... Let's see what happens...

lluiszardoya

We have recently seen big bullish move on the 1h chart giving us the opportunity to catch a lot of pips on the way up to the monthly key level. Anyway this is a BEARISH MARKET and we've got to be really carefull. We don't wanna get caught on the shorts. This trade is taken on a 1% risk on the capital of our account.

lluiszardoya

We have just seen a good retrace on 1h timeframe. Which has confluence on the support of the 10th of May and also the 38% fib retrace. The weekly candle closed really bearish and we recently have seen two dogi candles on h1. We want to reach the -27 fib extension.

lluiszardoya

it looks like if eurusd was bouncing on the daily level. Let's see what happens.

lluiszardoya Updated 

There has been formed a head and shoulders on h1 and it is recently been broken. We would love to see a 4h candle closing big and engulfing above the 0.739 level, which it looks like is soon going to happen. The Take Profit won't be till the supply zone. It will be till the 61.8 fibo retrace of the downwards impulse. Let's play it safe.

lluiszardoya Updated 

BIG BULLISH MOVEMENT ON H1. WE WOULD LOVE THE PAIR TO MOVE TO THE 61.8 FIBO RETRACE. THIS IS AN INTRADAY TRADE. TRADING SAVE AND NOT BIG RISK:REWARD....

lluiszardoya

We are looking to buy after a break of the 1.448 level, with a wide stop loss as we don't want to get it hit, and a quite easy take profit. Let's see how it plays out.