EURUSD Wyckoff looking for back up to creekUsing a Wyckoff view the EURUSD has completed the jumped of the creek and we are now looking for a back up to the creek in phase D. A volume climax is seen and the uptrend stride has been broken. A low volume pullback to the creek is anticipated before the start of the mark up in phase . Distribution is seen on the daily time frame also confirming the pullback.
Up
STRATBTC Soon...Strat might decide soon. It looks like it will decide to up. 0.00130900 is important and it must be stop loss if it will not go up.
If it can broken 0.00169961 resistance with volume it will go to 0.00235440 fastly.
BCCBTC is rising UPI see the opportunity to BUY BCCBTC
it is going UP
so from now the target price is 1.239 from price now is 1.237
Enjoy trading
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NZDUSD Buy SetupBUY NZDUSD
Technical Reasons:
1- Positive divergence on MACD
2- Breaking the neck line would confirm the Head and Shoulders Pattern on 4H time frame
3- Breaking Resistance at 0.7335 supports the bullish outlook
Fundamental Reasons:
1- USD is weak because of the Trump Decisions and FED concerns about weak inflation data which may enforce them to lower their rate path expectations in Sep
2- Comdoll is getting higher with the positive outlook for commodities prices and global growth outlook
3- RBNZ wont take any easing measures regarding the recent data albeit he would not rather also hike (neutral stance)
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SL should be placed below 0.7200
TP1 0.7435 - TP2 0.7500 (long term target)
Keep yourself updated with new ideas and data
Good Luck
MTL Ready to goMTL looks to be ready for a new run.
Great RSI on almost all timeframes, Broke out of pennant and challange previous top.
Just a little more is all it takes :)
<< GBPUSD >> Clearly Up for 7.08.2017 - 11.08.2017 >>Hello Traders I am happy about every kind of feedback ;)
GBPUSD made new weekly lows with a strong bearish NFP Price-Action
and broke our H4 Uptrend Channel, anyway I don"t see him drop below
previous two Week Support, Low and Monthly 0.236% Fib.
Wonderfull CRV for this trade of 1:5 - 1:7 so don"t risk too much.
Thanks for your Feedback and Ideas improving my Tradingstyle.
Alan