$USDCAD - Back Into Range with Nice Bounce - Going Long!This pair is a tricky beast, but with Canadian Job data providing us a decent entry after a very nice move back into our range, i cant pass it up.
Fxsignals
$EURUSD - Last Gasp Before 1.10's - The BIG SHORT!If EURUSD cannot break out and close above this range,the one weve been in for 100+ days; i think it will finally crack to the downside and open us up to a big short opportunity.
Taking short position at OTE of last swing, targeting 1.10xx
Pay-tience with this one
$AUDCAD - How Dare you Sir - Retracement LongLast AUDCAD trade literally used my stop as an SFP, but an SFP did occur which has me interested in this pair yet again.
I will not chase it though, will be buying a retrace, if we get one, if it continues - ill move on.
$GBPUSD - Adam, Eve, and the OTEOn the left we have a *potential* Adam and Eve formation.
Pretty textbook looking: prntscr.com
Im by no means an expert on this pattern so if i am wrong someone please inform me in the comments below.
Will be placing a long at the OTE of our most recent swing, targeting the top of this range @ 1.319 - but will watch for continuation to 1.34's
$USDCHF - Retracement Commence!Nothing fancy - looks like stops have been ran, if it does not pick up and break out upwards ASAP i think retrace is inevitable.
Take a peek at the volume, pointing towards a fakeout.
Very low risk setup here.
$AUDCAD - SFP to Range HighsPretty self explanatory, very minor SFP - but great reaction off of it.
Targeting Range Highs, but am fluid on the upside target and will probably take profits in 1/3's marked on chart.
EURCHF LongThe sentiment of EURCHF currency pair is UP SWING. Recent swing is moving UP from lower band to middle band. The previous swing of EURCHF currency pair was DOWN and had no volatility movement, so demand is decreasing. As market direction the sentiment has turned to positive while the buying pressure overcomes the selling pressure.
The execution of selling price at 1.14159.
The first price target is estimated 100.0% at 1.14240.
The second price target is estimated 200.0% at 1.14321.
The escaping of price is estimated 100% at 1.14079.
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$GBPNZD - Hold onto your SHORTSNasty Rejection candle, LH on HTF's and will be shorting here with a target of 1.86's
$USDJPY - SFP and Stops Ran, Downside IncomingTook out the stops to the upside, i see dollar strength in the medium term, but for now this will probably retrace.
Targeting low 109's
$GBPCAD - Reversal to Upper RangeVery nice PA here - potential for a reversal in this area.
First entry is aggressive - second is more conservative
This pair has been putting in HH's and HL's consistently, and its very reasonable to think we will visit the upper range shortly.
$EURJPY - Ping Pong the New RangeAfter the fiasco early this year with the currency flash crash, EURJPY has had a great rebound, but its now testing major overhead resistance.
I would bet this turns into its new range, for at least 2-3 months, and will trade it accordingly.
Shorting top of range, it could go a bit higher from the level marked on the chart, so be cautious. Ill be jumping in a bit early here with more sell limits just above the range ( blue line )
Targeting 122.8xx and will begin watching PA for Longs in that area
Long for GBP/JPY?After the last bull week that break a monthly resistence (yellow). The price has been retest the upside channel in 4H and we wait for confirmation for go long in this pair with 2 Tp. Near daily and weekly supports. If the price break and close below 141.550 I start to think in an end of the bull run meanwhile the GBP in genereal looks for a good bull in the weeks ahead.
$GBPUSD - Double Tap Play! Short the retrace into a Long!This pair had quite a bit of momentum, but as long as the US shutdown does in fact come to a temporary end this week, we will get a decent retrace, add a ( nother ) Brexit vote into the mix this week and i doubt this huge move is going to hold up here.
That being said, once retrace is complete i will be looking for longs in the areas noted on the chart, and will likely be holding for a few weeks.
$GBPCHF - Range Deviation and Close Back InsideDownside coming for this pair, range fakeout, close back inside. Easily defined risk here - 3R play to 1.2725 but would consider holding this lower, definitely closing around 1.258xx - big consolidation area that led to breakout.
GBPJPYTHE BULLISH LEG I CALLED IS NOW COMING TO AN END AS I BEGIN PREPARING MY SHORTS. I WOULD HAVE LOVED THE MARJET TO PUSH JUSTA BIT HIGHER AND TAP MY TRENDLINE BUT OUR DAILY CANDLES ARE TURNING BEARISH WHICH ALLOWS ME TO START PLACING SHORTS
$EURCHF - Banging Away at Resistance, Breakout Close!5 touches of this area has left it very likely to break.
FTA marked right above us in red, will probably have a short pullback there and confirm an S/R flip before moving up further.
This one requires a bit of patience
$NZDUSD - Swing High Forming at the Top of RangeLooking like NZDUSD could be in for a correction.
US govt shutdown rumored to be temporarily lifted, if true - this pair should correct substantially.
Target - .6711
USDJPY Trade Idea: The Strength of the 15min ReracementThe US Dollar (USD) weakened on Friday on reports a short-term funding bill will re-open the US government for several weeks (at least). Based on the 15min Chart USDJPY may have reached its support (as highlighted on the char), paving the way for corrective gains.
The potential target as well as the possible location of the protective stop are marked on the chart.
Nike Stock Analysis: Bulls Not in the Clear Yet...Conclusion for today’s Analysis: Price closing above the September 21, 2018 high of $85.98 indicates resumption of the bullish trend in Nike.
Over a year and 2 months of price action is covered in today’s Nike stock analysis using a 6 hour timeframe.
The previous bullish price channel lasting over 11 months was broken to the downside, with price retracing to ~$66.45.
Bullish momentum resulting from the above mentioned price level is yet to break above the previous high of $85.98 reached on September 21, 2018, therefore implying patience on entry of any long (buy) position that will be considered very conservative.
$60.55 is used as the lower price level for support indicated on the chart with the upper boundary being $66.45. A break below $60.55 in this case indicates resumption of the sell off from September 21, 2018, with lower prices to be expected.
A bearish channel (tentative) drawn on the chart needs to be monitored if Nike does indeed fail to close above price high of $80.96 established on Friday, the 18th of January, 2019
