Apheleia

Apheleia

I believe that the Loonie will be breaking back downwards towards the long-term trend-line. It looks overbought right now and I expect weakness. My stop loss will be @ 1.3598, profit target @ 1.30098

Apheleia

This trend-line was broken at the beginning of October, and I've been long since. I'm looking to get out around 107.272. After some consolidation, I believe the Franc will be breaking higher rapidly.

Apheleia

Could be a great short opportunity if the trend-line holds in the next few days.

Apheleia

The market has been ranging and so I will be looking for a short opportunity here at this resistance level. If it is confirmed to have broken however, then I will be going long.

Apheleia

Lets watch and see how the market reacts to this trend-line. I will be buying on a bounce (confirmed candle). I will be looking to see how price acts around .70035 if the trend-line breaks down. My guess is that it will be broken too, although we will have to wait and see. If it is broken too, I will short.

Apheleia

I'm going to be looking for movement here in this region. 3 things could happen. 1.) Pair rebounds quickly without coming close to the resistance/trend-line, in which case I will skip this trade. 2.) Pair falls further into the resistance zone and bounces off of the trend-line. If confirmed, I will enter long. 3.) Pair falls into zone and breaks below...

Apheleia Updated 

I've been in this trade since 102.850 when we got a confirmed trendline break/double top (or triple, depending on your definition) situation. I hope to ride this into the next price level at 106.856. You can still get in, as the 104.081 level was broken only recently. I'll probably be placing my stop @ 106.496, a few ticks short of the headline 106.5 number.