DXY Found strong support from 93.50-93.02 Price action is bullish Wait for price to pull back or 2nd test the structure. and buy the dollar. ( look into lower time frame) SL below 93.00 Aim for a big reversal
GBPUSD Horizontal Structure and Correction Channel GBP today touch 1.3080 and come down quickly The yellow zone is very strong resistance area and we can make use of it to short. The channel is the correction wave and we can sell the break out of the channel. TP1 1.2940 TP2: 1.2820
AUDUSD bearish AB=CD Pattern AB=CD complete at 0.7933 0.618 also at 0.7933 A Pin bar formed at that level as well with these three observation we can short audusd SL 0.7960 TP1 0.7874 TP2: 0.7800
EURAUD Finish AB=CD and Goes up Daily Chart AB=CD Complete and price already went up to first target 1.4726 The next potential Target is 1.4917 which is the 0.618 level. Therefore I will wait for the price pull back to 1.4600 area and consider to buy to catch the 2nd rally.
Gold is reaching Fighting Zone. I marked this yellow zone and we are going to see two results: 1. bulls take control and break 1259 then we want to buy 2. bears take control and reject the price below 1240 then we wan to sell.
CADJPY 4H PIN BAR After 30 mins the 4h candle is going to be closed. If we saw a long pin bar like this we can sell right at the next candle's opening price Basically It just tells us 89.20-89.30 has very strong sellers. SL above the Pin. Target: Twice of your Risk ( Entry - SL) Eg. if Entry at 88.95, SL 89.40 your risk is 35 pips therefore your profit...
NZDJPY Bearish BAT Short at 82.87 SL 83.90 AIM 80.70 78.75 RSI Divergence
EURGBP Trend Change The channel was broken last week. now pay attention to 0.8799-0.8825 area for a pull back short First target : 0.8650 2nd target: 0.8400 If strong bullish candle break the yellow zone then cancel the trade. Good Luck!
Gold 2618 Trade Gold has finished Double Bottom and break the down trend line therefore we can have a 1215.40 long set up and aim for 1240 area.
GBPCHF 2618 TRADE Buy from 1.2346 SL: 1.2230 TP1 1.2517 TP2 1.2834
AUDUSD Harmonic Pattern Combo: The blue is a bearish Bat Short AUDUSD now SL 0.7720 TP1: 0.7620 TP2: 0.7410 The Green is a Bullish Bat when it is completed, our short position will just be nicely hit TP2
EURJPY AB=CD Complete As long As Eurjpy is below 129.75 We can consider to short Eurjpy and aim for a big drop TP1 122.53 TP2: 117.44 use lower time frame to get a good entry :) Trade with Care
GBPJPY Bearish BAT complete Ideal Entry: 130.00 SL: Above 148 TP1 :144.20 1P2:1 42.06 TP3: 137.50 Now we have Bearish Price Action Therefore we can start to short. of course you can wait for better entry in lower time frame.
EURUSD Potential double top. Price retested the structure of 1.1427 on last friday-- the NFP and formed a pin bar. Buyer failed to push the price higher than the first top which shows the bullish momentum is exhausted. what we can do is to trade this potential 2nd top. With SL above 1.1450 and aim for a drop to 1.1312 and 1.1220
AUDUSD 4H Trend Change: Trend Break down and retested. now 0.7595 is the recent support. Sell the pull back after the price break 0.7595,
USDCHF Tested Bottom? Price tested 0.9562 the fib 1.618 ext And it is very close to the previous long pin bar in 2016 nov. Therefore, long usdchf now and SL below 0.9540 Aim 0.9853 and 1.0040
GOLD UPDATE: My Last Idea of shorting the pull back is a big success. If you short from 1257-1259, now you are earning 600 pips. Gold is bearish and it will continue to call to 1220 area. Ready to Take some Profit at that place Of course, If you missed the trade, now you should watch 1239-1240 area for entry.