If you were apart of my signal group you would have receive this AUDCAD setup towards .8950 as a SELL last week on our target's list. with that being said BEARS has scored 2 points on the 2hr chart and has broke the pivot level completely at .9115. With the StochRSI moving to the BUY zone selling right now would not be a good idea. Therefore, I would be waiting...
If you were apart of my signal group you would have receive this AUDCAD setup towards .8950 as a SELL last week on our target's list. with that being said BEARS has scored 2 points on the 2hr chart and has broke the pivot level completely at .9115. With the StochRSI moving to the BUY zone selling right now would not be a good idea. Therefore, I would be waiting...
Looking the triangle to break upward with the trend being bullish there is some room to 109.00 and the stop needs to be below the triangle low. If you agree PUNCH the LIKE button and UPPERCUT to FOLLOW button. Here at Carter Kyle Capital we are the Fighters of Financial Freedom helping 1 trader at a time. What are YOU fighting for? bit.ly Trading FOREX on...
7/28 Bulls have made a short push up to the .382 level and the StochRSI shows that the move is extended I am looking for a rejection of the 1.7900 which would make it past support turned future resistance to sell zone to the 1.7300 area which is the monthly resistance area (Green) Stop would be above resistance area at 1.8000 giving great risk to reward value if...
Market has held the 109.00 as past resistance equals future support. Even through overall I believe the long term trend is bearish there is some upside to 109.00 level. Stop should be place around 107.50-107.60 area. which will give you a 2:1 risk reward level. If you agree PUNCH the LIKE button and UPPERCUT to FOLLOW button. Here at Carter Kyle Capital we are...
If you have not seen the EURCHF Short that I posted a week ago here is the updated the momentum is starting to come in with the ADX above the trend number I am looking to SELL to the daily D ext at .9700 with USD weakness. If you agree PUNCH the LIKE button and UPPERCUT to FOLLOW button. Here at Carter Kyle Capital we are the Fighters of Financial Freedom...
GBPCHF has been bearish all month and has hit the D ext with a very shallow retracement. With good news from the GBP yesterday there may a Bullish rebound for at least a short term move. Keep an eye out on this pair because there is a Bearish H&S pattern that is forming if it breaks it could drop all the way down to .9440 level. Use a trail stop of you take the...
Head and Shoulders pattern has been created on daily and 2hr Sell bottom of projected move. Daily is has rejected 1.6040 area and has turned it into resistance, looking for short term target on the 2hr to 1.5840 (Daily D ext). This is a retracement move to the long term Daily .618 upward trend. Use trail stop and protect profits Stop should be able 1.6040. If...
With the USD being overbought and having bad news this morning an evening star candlestick formation was create and confirmed this evening the ext is at .9550 which is the target I would look to go for risk/reward is a 1 to 3 if you place your stop around 1.000 level. If you have not gotten in I would wait for a pull back on the 2hr chart to get in. If you agree...
Read the Notes on the Chart this is a Text Book Descending Triangle. The previous trend was Bearish so I have a bearish bias.
Looking to start the week right, look to scalp the USDJPY market has rejected the 108.00 pivot area place stop above the 108.00 at 108.15-108.20 swing high on 2hr target 107.35 to 107.15 to 106.50 as level of take profit. If you agree PUNCH the LIKE button and UPPERCUT to FOLLOW button. Here at Carter Kyle Capital we are the Fighters of Financial Freedom helping...
Let me start by saying this the USD is proving to be weak going into the this weekend and I think it will struggle without a catalyst driving it. So from looking at this purely from a Stochastic and pivot point mindset the daily is in the BIY zone the 2hr is in the BUY zone right now and it has broken a CTL. Here are your 2 options. Scalp the market to 1.1300...
Bears has flex their muscle and with AUD weakness there is some room to the downside before hitting month support at .6800 looking for CTL breeak on 2hr chart and stop will be made above the .6900 pivot area. If you agree PUNCH the LIKE button and UPPERCUT to FOLLOW button. Here at Carter Kyle Capital we are the Fighters of Financial Freedom helping 1 trader at...
If you were not able to spot this trade out before it happened don't panic...Market has broken an CTL and it is moving down to .6500 which an area that the BULLS will look to push the price up. The BULLS were able to break the the initial ABCD swing on the 2hr however, there is a 2hr sub D ext at .6320 that you would need to keep and eye on. Long term I think CHF...
On 7/1 the NZDUSD gave a Market SELL based off of the rejection of the .6720 area and confirmed a 1.27 C Ext down to the .6420. If you are in great, however if you are not look for a 2hr high price in the SELL zone to place a entry with the Stop above the fractal high on the on the 2hr. PLAN YOUR TRADE, TRADE YOUR PLAN If you agree PUNCH the LIKE button and...
AUDCAD is testing the .9200 area and has rejected it to this point this morning on the 2hr chart there is consolidation around the .9200 - .9160 area if it hold below area I would look to SELL down to the projected Fibonacci D at .8950, Stop should be places above the .9200 area around .9260. Be aware that the .91150 is a monthly pivot area and it has rejected...
Previously, there was a triangle that has been formed and broken to the downside. It has not fulfilled the projection of where it will go around the .6420 area. Since then the NZDUSD BULLS has testing and failed the .6720 area and has broken a counter trend line, there is a MARKET SELL chance right now if you are viewing this STOP should be place above the sub...
The EURJPY BEARS has been pushing the price down for awhile now and it has maintained itself below the outer TL. Last week the BULLS made a push to bring the price up to the 123.50 level only to be rejected again, The ADX has not reached a exhausted level giving a little more room to the downside and the Stoch RSI is in the SELL zone and has giving a entry at...