Waiting to see what happens at the 138.865 level. Price seems to be losing momentum, but if it is able to break through resistance, looking to buy. Will be watching USDJPY closely as well. Both seem to be charging to levels of resistance.
- Break through of my monthly resistance - Dollar is on a great bullish run, which favours this pair. - Risk to reward is great - Possible pips achivable is great - Entered on a live account of course
DXY pressuring high numbers around 101, can't go much further, will expect a crash by late Nov. early Dec.
TWTR tested it's last up fractal today. If within a few minutes of market close the closing price actually shows above the up fractal price point, we'll enter a Deep ITM Call Option with 2 months until expiration and an underlying stop loss at $18.17 on market close only.
Looking at price action, following the RBNZ announcements last week. Waiting to see what happens in this area. Looking to sell if price action breaks through support. Watching, also, to see if price will begin to move sideways.
A beautiful ascending triangle has formed on the Daily AUDUSD chart . With a bulk amount of news being released this week for the both the TVC:DXY and BMFBOVESPA:AUD1! watch for a potential setup this week!
I am already in...
Entry: 1273 or from support trend line TP1: 1281 TP2: 1290
We have visited a parallel line on this monthly pitchfork and now we are pointing to the ML of the pitchfork. Resistance zone at 1.87 reachable in two-three months.
AUDJPY is looking to reject a retest of its downwards trendline. If successful, we expect a continuation lower towards the 200 MA, and then possibly the bottom of the pennant.
Gold has just broken lower from its local uptrend and we expect price to now retest the 200 MA. Trade becomes invalid when the down trendline breaks, where we'd recommend you keep your SL.