Gweedy

Gweedy

The oil having reached 40, might be the catalyst for this pairs second leg down after testing the 20EMA, Trendline, the 38 fib AND previous support turned resistance. I will keep a close look on the daily chart for a chance to sell this pair

Gweedy

With the swiss bank devaluating their own currency. This might be a sweet spot to look at potential longs.

Gweedy

The news put cable back up in the resistance zone. This gives us a great risk/reward opportunity to continue going lower. Will look for bullish momentun to fade before entering the trade. Stop loss set at 1.5710

Gweedy

Waiting for a buy signal close to previous resistance -> support. Good luck!

Gweedy

UsdSek has retraced to the 50 fib retracement, and has found support.

Gweedy

AudUsd Long after fundamental/technical reasons.

Gweedy

Dax has broken out and tested the channel support, giving us a reason to buy at a break of the hammer. If we the top of the hammer gets taken out, i will continue to trail the stop after target 1 is reached.

Gweedy

When everyone else seems to be going long, I'm having secind thoughts. This pair might be on it's way out of an ascending wedge. Having that the fundamentals on this pair is bearish, i'm looking at this great shorting opportunity to somewhere around 1.47 for a double bottom.

Gweedy

Oil is tanking. However. Cad came out with good reports last week, and this is almost a pure pattern analysis. The AB=CD correction has been completed, resistance is shown around 1,275, (the 1.27 extension of leg A to B. This is a great shorting opportunity all the way back to the 38 fib level and target point 2 is set at the 61.8 fib retracement.

Gweedy

Even though im bearish the dollar over the summer or till we break 98, i believe this pair just broke out and is just about to make it's second leg higher.

Gweedy

GBPJPY reached its 68 retracement (177,60) and suggests it is heading down. TP 1 175 TP 2 170

Gweedy

I know ECB will continue with their quantative easing, however, the DAX certainly would look a lot healthier if it could correct down to 10 000. Knowing this is a bold move with the Euro probably heading lower. The risk/reward ratio is pretty damn good. I consider myself being quite the novice when it comes to Elliott Wave count. But i get this to be the fifth...

Gweedy

I am waiting for mondays close to see where this pair is heading.

Gweedy

Hitting resistance and being close to trendline suggests this pair will in time make it down to 125

Gweedy

Being overbought on the stochastics this triangle trendline suggests that price might move further south together with EUR/AUD also close to trendline and overbought.

Gweedy

I am bullish on this market, but what seems to be a rising wedge, break and retest makes me think otherwise...

Gweedy

Hoping that this pair will move lower and hit the gartley retracement for an opportunity to go long.

Gweedy

Together with the bearish divergence on the stochastics and the broken monthly trendline suggesting this will fall further.