tomstewy

tomstewy

GBPJPY swing trade, bullish structure, price holding bullish flag support.

tomstewy

USDCHF is forming a wedge after a 6 month long bear market. The 50 and 200 day moving averages have now given a bullish cross and upside looks promising as the US has had a strong economic recovery from Covid19.

tomstewy Updated 

NZDUSD at support, looking for upside.

tomstewy

GBPUSD has traded into the golden pocket fibo and the 200 hour MA resistance. PPO and RSI also point to downside!

tomstewy

Earlier this year Japara health care (JHC, bottom chart) had a take over bid, pushing the stock to higher prices, outperforming REG. The stock is typically highly correlated, and with the deviation from the mean I'm looking for a return back to the mean. I will be going long REG and potentially taking a short on JHC for a reversion.

tomstewy

CHFJPY Is in an ascending channel and has bounced out of a key support / resistance level. I am looking for further downside on the cross forex pair.

tomstewy

ETHEUR is holding strong above the 200 day moving average, around the 61.8% fibo level. The pair is still bullish and with Bitcoin still being adopted by the mainstream masses the crypto market is set to boom.

tomstewy

NZDJPY is in a bullish flag pattern. Look for an equal length outbound trend!

tomstewy

NZDJPY has broken monthly pivot resistance / 61.8% extension resistance and now looks clear to target the 100% extension.

tomstewy

ETH just retested 61.8% fibo level and the previous high. Standard bullish pullback, no need to panic ;) Seems like GS just wanted to buy at a nice price so pushed it down. Nicely done!

tomstewy Updated 

USDCHF is capped at resistance prior to the CHF Rate decision & statement, which may give the SNB a chance to be suprisingly hawkish following months of positive economic data out of Switzerland. The RSI & PPO have both generated sell signals. Price is also around the 50% fibonacci & trendline on the daily chart (not pictured)

tomstewy Updated 

This is my trade idea. Thanks

tomstewy

GBPUSD prime for hourly upside, trading above the moving averages.

tomstewy

GBPUSD looks set for upside after bouncing from the 50 moving average.

tomstewy

Overhead lies the 500ma resistance but we may see a classic wick fill after this pullback on the weekly chart.

tomstewy

Stimulus startle is over, back to USD downside me thinks... Parabolic sar indicating reversal on daily, around top side trendline & at the daily 50% fibo level

tomstewy Updated 

~GBPUSD has rebounded out of the resistance trendline and is now pushing to the downside! We are targeting the 0.382% fibo level.

tomstewy Updated 

USD Experiencing short term upside. I'll be looking to hedge this position near the target. Technically price is supported by trendline and fibonacci.