4xbullion

4xbullion

A hourly close below 137.33 should be enough for the pair to move down. There is a lot of structure confluence with Fibonacci levels and a rising trend line. Trade Type: Trend Reversal Price: 137.30 Tgt 1: 136.96 Tgt 2: 136.62 Stop137.57 R/R Raio: 3

4xbullion

Looking for a break of 38.2% retracement of the pair for initial target at 50% retrace and subsequent at 61.8% retrace Trade Type: Trend Continuation Price: 1.8115 Target 1 : 1.7966 Target 2: 1.7766 Stop: 1.8283 R/R Ratio: 2

4xbullion

Initally we expected the price to move to 107.35 (see related idea), but the pair took a u-turn before hitting our target entry point. However, we do wish to get long looking at the up-trending channel. The entry point would be a 4 hourly close above 108.24, which is an area of interest since it has acted as a support as well as resistance previously. So a close...

4xbullion

Initially expecting a move to 50% retracement and previous structure confluence at 0.7910. From here the price can go down to 0.7726 which is 127.2% of AB leg and previous structure low Price: 0.7910 Target: .7727 Stop: .7986 R/R Ratio: 2.5

4xbullion

Looking for an opportunity to get into the trend. A long at channel support, coupled with structure and fib retrancement. Now, that's the kind of trade I absolutely love!!! Trade Type: Trend Continuation+Rising Channel Price: 107.35 Target: 109.40 Stp: 106.58 R/R Ratio :2.75

4xbullion

In a classic inverted head and shoulder we should have point B higher than point A and we can trade the break of neckline. However, I like to jump the gun with high probability trades. So looking for a long at CMP ie. 1.6077 for targets at 1.6490 Trade Type: Inverted Head & Shoulder Price: 1.6077 Tgt: 1.6490 Stop: 1.5869 (below previous lows) R/R Ratio : 2

4xbullion

The pair is forming an ascending triangle and a break and close above should see the pair reach previous structure and 61.8 retracement confluence at 108.12. Also traders can aim for the price to reach 76.4% retracement @ 108.77. Trade Type: Trend Continuation (Short Term) Price: 107.36 Target: 108.12 Stop Loss: 106.92

4xbullion

Though I'm not a EW specialist.. This trades lines up with previous structure. EW traders please correct me if I am wrong. Prices are pushing higher after finding support at 1182. However it may find resistance at previous support zone of 1275-1282 which is overlapping 61.8% retracement of leg 3. Trade: Counter Trend Price: 1275 Target 1: 1182 Target 2: 1140...

4xbullion

The pair is trading in a rising channel and has made a equal harmonic move previously. Expecting the price to come down to channel support and take a long position then. Stops are below previous lows. Target is a move of equal proportion taking us to upper limit of the channel Trade Type: Short Term Trend Continuation Price: 1.2705 Target 1: 1.2980 Target 2:...

4xbullion

EURNZD has just broken a descending triangle and support at 1.60 levels. It should come back and test these levels, in which case we have a shorting opportunity. The target is at 61.8 retracement of previous swing. Trade type: Retracement Price: 1.6010 Tgt: 1.5830 Stop Loss: 1.6110 R/R Ratio: 1.90 (approx)

4xbullion

A trend continuation trade after a brief consolidation. Looking to short the pair on breakout of the consolidation and a hourly close below 172.40. Trade Type: Trend Continuation Price: 172.40 Tgt: 172.03 Stop Loss: 172.58 R/R ratio: 2

4xbullion

Dollar is still showing strength and a harmonic AB=CD move will bring it straight into previous structure and 61.8% retracement confluence. Trade Type: Trend Continuation Price: 85.61 or CMP(85.78) TGT: 86.04 Stop: 85.40 R/R Ratio: 2 (if taken from 85.61)

4xbullion

The pair made a harmonic move (ABCD). A move of the same quantum would take us to 38.2% retracement of the longer term uptrend. However, it is only advised to get into this trade when we get a close below 107.95 on the hourly timeframe. Also, we have FOMC meeting minutes today so do watch out and make sure to trade with stops. Trade Type: Trend Continuation...

4xbullion

Trade Type: Counter Trend Price: CMP (109.40) / Hourly Close below 107.95 Tgt 1: 106.63 (38.2%) Tgt 2: 105.57 (50%) The pair has shown divergence in RSI and a double top has formed around 110 (big round number). Both suggest rejection. Hence, the best strategy will be to short the pair now, for above mentioned targets. Safe traders can short on break of 107.95...

4xbullion

Trade Type: Trend Continuation Price: 0.9592 Tgt 1: 0.9690 Tgt 2 : 0.9755 Stop Loss: 0.9511 (below previous lows) R/R Ratio: 1.19 Since the risk-reward ratio is less, the trade can be avoided. We want to take only high probability and high R/R ratio trades

4xbullion

Trade Type: Trend Continuation Price: 1.2590 Target 1: 1.2495 Target 2: 1.2400 Previous structure lies between 38.2 to 50% retrace of the previous leg. Dollar showing such great strength and with so strong NFP numbers we do not want to burn our equity playing against the overall trend.

4xbullion

Long @ .7791 Trade Type: Counter Trend Target 1: .7970 (Monthly Pivot and 23.6% Retracement Level) Target 2: .8060 (Previous Structure Support shall act as Resistance) Stops: .7660 (Below Previous Structure Support)

4xbullion

The pair is stalling at 61.8 retracement of leg (1.6052-1.65229) Type of trade: Trend Continuation (Daily TF) Target: 1.6063 Stop Loss: 1.6352 (above previous highs) R/R Ratio: 3.15