DayFarrell

DayFarrell

HERE IS MY EXPECTATION FOR THIS PAIR FOR THE NEXT 2 MOVES, BUT LIKE MOST PREDICTIONS, THE OUTCOME CAN CHANGE. THE SECOND PROJECTION CAN ALWAYS CHANGE BASED ON THE OUTCOME OF THE 1ST. THE CHART BASICALLY EXPLAINS ITSELF. THE PRICE IS CURRENTLY AT A POSITION WHERE IT IS HARD TO CHOOSE A DIRECTION, SO IT'S BEST TO WAIT A BIT FOR CONFIRMATION, AND THIS IS BASED ON THE...

DayFarrell

AT THE EXTREME END OF THE CHANNEL LOOKING FOR A REVERSAL TO OTHER END

DayFarrell

QUICK OPPORTUNITY TO MAKE SOME PIPS

DayFarrell

WATCHING THIS PATTERN TO SEE IF I GET COMPLETION WHICH WILL PROVIDE A NICE MOVE UP, AND A REVERSAL BACK DOWN FROM THAT CHANNEL TOP. THE CHANNEL IS PREMATURE AT THE LOWER BOUNDARY.IN OTHER WORDS, IT IS PROJECTED BASED ON THE SLOPE OF THE UPPER CHANNEL; THEREFORE, PRICE CAN PROCEED LOWER FROM THAT CHANNEL LINE TO FORM THE REAL BOUNDARY. OR REMAIN A TIDBIT HIGHER.

DayFarrell

THIS IS A FOLLOW UP ON MY PREVIOUS POST. THIS IS MY PROJECTION FOR THIS PAIR FOR THE REST OF THE WEEK. IN MY FIRST POST I FAILED TO MENTION THE STRONG SUPPORT THAT EXIST AT 108.64 WHICH CAN CAUSE A SHORT REVERSAL BACK UP TO OPENING PRICE. KNOWING THIS CAN BE BENEFICIAL IN MANY WAYS. 1. IF YOU ARE ALREADY IN AN OPEN POSITION AND FEAR YOUR PROJECTION OF PRICE WAS...

DayFarrell

OPPORTUNITY TO PICK UP A FEW PIPS FROM THIS BULLISH FLAG. I'M EXPECTING PRICE TO FALL TO LOWER CHANNEL AND REVERSE TO BREAK OUT OF THE CHANEL TO FORM HIGHER HIGH. IF CONDITIONS CHANGE I WILL UPDATE IN COMMENTS.

DayFarrell

AS MENTION IN MY OTHER POST, IF PRICE CLOSE BELOW LOWER TREND LINE WERE ARE IN PLAY FOR THIS SETUP. MY TRADINGVIEW ACC GIVEN TROUBLE SO IF DUPLICATE POST DISREGARD. LAST POST FOR THE NIGHT.

DayFarrell

FOLLOWING UP ON MY PREVIOUS POST, AS I MENTIONED IF PRICE CLOSE BELOW MY LOWER TRENDLINES I AM NOW IN PLAY FOR A FLAG. IF THE PREVIOUS FAIL, THIS IS AUTOMATICALLY IN PLAY. LOOKING FOR A MOVE UP, THEN DOWN AS ON THE CHART

DayFarrell

THIS PAIR IS SHOWING STRONG DIVERGENCE BUT I'M CHOOSING TO IGNORE IT FOR NOW AND FOCUS ON THE STRUCTURE. ELLIOTT WAVE ANALYSIS PUT ME IN EXPECTATION OF ANOTHER MOVE UPWARD. MY PRIMARY FOCUS IS THE BROWN CHANNEL OF WHICH I'M AWAITING A CONFIRMATION OF A MOVE TO TOUCH MY LOWER CHANNEL AND POSSIBLE A CANDLE THAT WICK CLIMAX AT MY LOWER BROWN CHANNEL AND CLOSE ABOVE...

DayFarrell

small pattern set up on this pair that presents a nice entry to go short. i don't like weekends so i'll just keep an eye on this one,

DayFarrell

Here is an almost perfect head and shoulder setting up on the daily time frame, it can be used as a guide when trading smaller time frame.

DayFarrell

Ii called it a psuedo-cypher because it doesn't exactly fit the ratio for a cypher, however if completed it's still present a nice trade opportunity. I'm watching the pattern along with the channel that has developed, a penetration of this channel line lower will put me in play for the pattern while a penetration upwards will negate this set-up. Let's see how it...

DayFarrell

I DO NOT MAKE IT A HABIT TO TRADE AGAINST SUCH STRONG TREND, BUT THIS REVERSAL IS NOT IMPOSSIBLE. PRICE STOP EXACTLY AT THE .618 AND IS NOW PULLING BACK FOR A SHORT .236, THEN FURTHER DOWNWARDS WE GO

DayFarrell

This pair is showing a strong move downwards that i'm expecting to keep the same pace. I'm looking for a slight pull back to the .236 now before further downward move. this .236 can create some nice buying opportunities. I WILL POST A SMALLER TIME FRAME IN A BIT AS TO HOW I'M EXPECTING THE RETRACEMENT TO PAN-OUT.

DayFarrell

Still waiting for this pair to fall, i posted this expectation in another idea. Biased towards the downside.

DayFarrell

IF YOU ARE LOOKING AT THIS AND YOU ARE SAYING, WHAT A CRAZY PERSON, CLICK ON THE LINK TO RELATED IDEAS AND SEE IF YOU STILL THINK THE SAME THING. Not that i believe it is possible to predict that far into the future, but i want to use this pair to determine what percentage of price action can be determined as oppose to spontaneity.the pair is trading on a flag so...

DayFarrell

LIKE MOST OF THE PAIRS, I'M LOOKING FOR THIS TO FALL A BIT AND RISE, HOPEFULLY IF I GET SIGNALS I CAN GET ALL 3 MOVES. I'LL HAVE TO DETERMINE THE THIRD MOVE AFTER. FOLLOW UPS IN COMMENT!

DayFarrell

MOST OF THE PAIRS ARE SETTING UP FOR A REVERSAL. i'M STILL LOOKING FOR REVERSAL SIGNAL CONFIRMATION. CAN'T TRADE ALL THESE PAIRS, BUT I'LL STILL POST. PREFER, SELLING RATHER THAN BUYING. AT THIS STAGE IN THIS PAIR, IM EXPECTING THE USD NEWS TO BE BEARISH; HOWEVER, IF IT'S BULLISH IT'S MUCH BETTER, GETTING A HIGHER ENTRY IS ALWAYS MORE PREFERABLE.