sglwealth

sglwealth

USDCAD has gone back to a downtrend after consolidating for the last 2 weeks. Wait for price to reach support and either watch for a reversal back to 1.34 or a breakout and price continue to 1.31

sglwealth

After about 2 weeks consolidating we should finally see usdcad finally break out and continue to drop to 1.31 range

sglwealth

Price has hit a nice demand zone and based on the overall structure of the market we should see price rally to the upside for a bit. Wait til price breaks trendline as that will be a nice confirmation for a buy. Once price breaks wait until a flag forms then ride it up for 150-200 pips. Low risk/high reward trade here. Good Luck

sglwealth

Wait for breakout of trendline and look to sell. Price is in supply zone and should be breaking soon

sglwealth

After last week bearish candlestick, I expect price to continue to drop and complete M formation pattern on Daily timeframe. Wait for pullback to finish before getting into a sell on smaller timeframe once price confirms reversal. Target 300 pips

sglwealth

After last week bearish candlestick, I expect price to continue to drop and complete M formation pattern on Daily timeframe. Wait for pullback to finish before getting into a sell on smaller timeframe once price confirms reversal. Target 300 pips

sglwealth

Price has entered a nice supply zone after last weeks rally to the upside as expected. Waiting for price to break trendline and head back to 0.99. Wait for the break before entering for true confirmation

sglwealth

From my last week prediction EA reversed from resistance level of 1.43. Price is forming a classic head and shoulder pattern. Look for price to drop to 1.39 first and if it can break that zone then head further down to 1.37 before possibly reversing. Look to sell and place sl above previous high

sglwealth

USDCAD hit a support level around 1.32900 and has scaled back up to 1.34. Expect price to come near Supply zone around 1.35 and look for another sell entry highlighted to the left. Wait for break of trendline to continue trend. As long as price stays in this structure I will still be looking for a sell opportunity. Once price fakes out to the high and breaks...

sglwealth

EJ reversed close the weekly trendline with a strong hammer candlestick. Looking for price to break bearish trendline and create a flag before moving up again. Wait for break of trendline look for price to pull back and consolidate then proceed to buy. Potential profit is 300-500 pips. Solid trade setup

sglwealth

USDJPY didn't close above Fib level 0.38 and got rejected on Friday. Now UJ should finish the second half of a W and as long as price doesn't break and close below low 110 expect UJ to go on a nice uptrend and touch 115 again for a nice 500 pip move. As always wait for true confirmation. Wait for price to break and close above the trendline and look for bullish...

sglwealth

After last week reversal which I called last week. USDCHF should continue to rise for the next day or so. But, once price hits the supply zone and Fib level of 0.786 or breaks that trendline expect price to drop back to 0.98 or even lower. Be on the lookout for strong reversal candle as highlighted to the left.

sglwealth

Ok so price has hit a demand zone as expected and stated from previous post, We should get a nice correction from here and see price back at 1.07400-1.07600. From there look for price to go back on a downtrend since that is the overall structure of the pair is a sell

sglwealth

Price broke out of consolidation last week and formed an engulfing candlestick on daily to close out last week. Price is making a correction and should continue to move to the upside. Look to buy as low as possible near demand zone. Expect a similar move as highlighted on 3/8 and 3/16. Price should reach high 140-141.500

sglwealth

Price has broken flag pattern. We should see ucad continue true trend and drop to 1.32-1.31 for another 100-200 pips

sglwealth Updated 

Ok, so we have EA near a critical area in the market. If you missed the buy don't jump in. Wait for a breakout to the upside or for a strong reversal. Look left as an example. Either way 600+ pip move is coming

sglwealth Updated 

Here we have GBPUSD in a supply zone that was created back on 2/27/2017 which is part of a bigger downtrend from the Brexit sell setup back in June. Price reached a demand zone back on 3/14 and has rallied all the way back up into the supply zone. I expect another sell setup from this area. Price should start to exhaust and drop back down to 1.21. Wait for price...

sglwealth

Price hit a major supply zone last week, and has reversed to a bearish trend. Price just broke through daily trendline. Expect price to create a small flag then drop 100-200 pips for continuation of trend.