PITCHFORK - Forex USDJPY Weekly Analysis Feb 12th - 16th , 2018Pitchfork Weekly Analysis
BUY USDJPY
Area: Pitchfork Lower Line
Channel Pitchfork - Ascending
Entry: 108.600 - Lower Line
Target Profit: 110.120 - Median Line
Next Target Profit: 111.600 - Upper Line - High Probability
Stop Loss: 108.000
Reward Potential: 300 pips
Risk: 60 pips
Highprobability
PITCHFORK - CFD XAUUSD Weekly Analysis Feb 12th - 16th , 2018Pitchfork Weekly Analysis
SELL XAUUSD
Area: Pitchfork Median Line
Channel Pitchfork - Descending
Entry: 1326.00 - Median Line
Target Profit: 1303.00 - Lower Line
Next Target Profit: NIL
Stop Loss: 1329.00
Reward Potential: 2300 pips
Risk: 300 pips
POE smaler bullish pennantPOE is forming a small 30 min bullish pennant in addition to its larger daliy pennant. With the release of who their new CEO will be right around the corner, I think POE will go up a whole lot (FA and TA combining).
PITCHFORK - Forex USDJPY Analysis 2018 Swing Trade SetupUSDJPY
Analysis & Forecast for 2018 based on Pitchfork Trading Strategy
Current price at Lower Line , if price continue to push above Lower Line
Opportunity to Long USDJPY and High Probability price hit Median Line
Stronger DXY US Dollar in 2018 will help to push it higher
if price make a break on Lower Line this setup is not valid
USDCAD Long position High Probability Trading StrategyHigher time frame: Weekly
Lower time frame: Daily
Weekly Postion:
Momentum: Oversold
Pattern: Maybe ABC Correction.
Price: 50% retracement area.
Time: >100 Price project if compare Wave A and Wave C
Daily Position:
Momentum: Oversold
Pattent: Wedge Diagonal of wave 5 or ABC pattern
Price: 61.8-78.6% retracement area
Time: Not 100% L-L and 100% time Alternative Price Project.