HProTrader

HProTrader

We've gapped down on the Monday open (so has most other Yen pairs) and believe 150 is nice round number price wants to get to in order to complete the ABCD move and hit the 27.2% fib extension (which is actually closer to 149 and monthly S3 support)

HProTrader

first monthly strong bullish candle close for a while, current ABCD in play, retraced 38.2% and now will move to fib D level at 1.15 The pair gapped above 1.14 and has had a daily close above this round number, so potential further move to the upside

HProTrader

USDCAD - shooting star on monthly, evening star reversal monthly, close below 200MA daily and retest of that level, CTL break, retracement at 61.8%, bearish engulifing formed, fib D has still not yet been hit 1.28 Not risking to much on this pair as there are a lot of key levels to break through but price action and indicators are all pointing towards further...

HProTrader

price trading above 200MA 50MA crossover the 200MA 8MA crossover 20MA Price retraced at 61.8% and morning star pattern formed price closed above monthly pivot twist in ichimoku cloud

HProTrader

weekly close below 200MA, bearish engulfing pattern on weekly, reversal at fib level 78.6% etracement, close below 160 then short to 155

HProTrader

monthly close all time high in 7 months - a breakout of the consolidation of 7 months - probability is a move to the upside, we’ve also crossed the 200MA, target 0.75 and 0.8, it will probably retrace before moving up again, bullish candle above 0.75 to go long, CTL break triggered long position

HProTrader

Closed below weekly 200MA short to 150 long term trade

HProTrader

CADJPY is trending downward with volatility, ABCD retracement on the cards

HProTrader

Retrace 50% then upto 1.44, fib d level confluence with R2 monthly pivot. Long term support at 1.45 historically looking back and a nice number to go for 1.45, then 1.5

HProTrader

We have broken resistance which will now become support, we need to test the support level before we can see further movement to the upside

HProTrader

Following NFP bullish move and bounce off 1.05 strong resistance, I see a move upward to 1.12

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REVERSAL OFF TREND LINE FOR TREND CONTINUATION

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EXPECTING A REVERSAL AT BULL WHITE TREND LINE, S1 SUPPORT, AND CONTINUATION OF TREND TO 2.5

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IF THE DOWN TREND LINE IN WHITE HOLDS WHICH IT APPEARS TO BE DOING, IT WILL MOVE BACK DOWN

HProTrader

GBDUSD TO FORM NEW HIGHER HIGH AT 1.6, VARIOUS INDICATOR CONFLUENCES, WILL ENTER WHEN 8 DAY MA CROSSES OVER 20 DAY MA FOR CONFIRMATION OF BULLISH MOMENTUM OR POSSIBLE ENTRY ORDER WILL BE PLACED

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CAD dropped interest rates, USDCAD has had a breakout and daily close above range out, using the range height and adding to breakout gives 1.32, entry order will be placed

HProTrader

Following the uptrend, entry order in place

HProTrader

following the trend, entry order in place, short to 0.72, all indicators pointing down