sanyan23

sanyan23

Potential counter trendline short down from 1.52

sanyan23

Even to an untrained eye can tell that this support area on the 4H chart seems worth considering. There is high volatility news coming out in just over an hour from posting this trading idea, if in favour of NZD, we can expect a rally up to roughly 0.9 psychological level.

sanyan23

Gold is about to approach a major daily consolidation area, where it ranges between 1320 and 1360. It managed to spike in there and return back out in Sept 2017, but returned again 4 months later. The first (left most) zone lasted 3 whole months and the second lasting 4 whole months. If gold manages to close inside this area, we can see a ranging pattern from...

sanyan23

Potential long position entering just below 0.71 level, can see the pair rising to 0.72 for a 100 pip move.

sanyan23

The pair's been rallying up a lot since all the commotion on brexit news, allowing it to reach my trend line and surpass a psychological level of 1.3 - expecting a return to this level and possibly a change of direction all together.

sanyan23

The pairs dropped significantly since GBP's rally recently, which might be coming to an end since both EURGBP and GBPUSD are around my weekly trend lines - expecting a reversal on EURGBP back up to 0.89

sanyan23

Expecting the pair to consolidate for a little while before dropping down to the next levels, ultimately reaching 0.95

sanyan23

Going back to basics here and using session highlights Green highlights are London sessions Red highlights are NYC sessions The overlap tends to have the most movement, each session tends to force it in a direction, the next session may counter it or carry the momentum. Expecting gold to recover down to the trend line I had previously drawn and potentially...

sanyan23

Looking to continue the gold rally after Powell's speech yesterday afternoon. If gold does begin to short, we can find support around 1280, where the 50 EMA lies. We can hope to see a rise to 1300 psychological level where gold should begin to struggle. USD Index has been following a weekly Elliot wave quite smoothly, it should face some upper resistance where...

sanyan23

The pair is struggling to break the 0.99 handle, forming a double top on 4H and is presumed to continue a down trend.

sanyan23

Rejected by the daily trend line , looking for a bearish movement towards a lower handle at 1.40000

sanyan23

The pairs dropped significantly since brexit was announced - currently the pair is sitting on a Fibonacci level at 0.236. We can expect some significant movement ahead of us back down (and maybe beyond to an all time low) or a steady retracement back to previous levels.

sanyan23

Elliot wave pattern forming on the 4H time frame - price is expected to drop to 1.127 level and find some support.

sanyan23

The pair has fallen 400 pips in 10 days reaching my monthly support line, expecting a reversal in direction coming soon for a potential long term move upwards. If the pair breaks the structure, a tight stop loss should be in place to recover any losses.

sanyan23

Daily downward trend being respected, pair is consolidating in a 4 hour trend, expected to reach lower support at 1.263 level. If daily trend is broken, tight stop loss is in place before the pair rally's up too high.

sanyan23

The pair has reached a low point on the monthly time frame, currently on C leg of my Elliot wave pattern. Expecting the pair to rally up upon finding the bullish divergence formed.

sanyan23

-DXY predictions to be in a bullish trend, causing NZDUSD to continue dropping towards the next zone at 0.66 -The pairs already broken the daily uptrend, expecting the market to rise for a retest to the above zone at 0.675 -Possible 150 pip swing trade if market travels from zone to zone

sanyan23

-On the daily (blue) expected to reach near to top resistance zone (D) at 98 and reverse down to the final E leg at 96 before continuing weekly (pink) pattern -Potential sell at top resistance zone/D leg for a 200 pip downward movement towards lower fib support zone/E leg -Possible bullish movement on USD base pairs until tested at top resistance zone