JordanWillson

JordanWillson

A possible head and shoulders pattern could be forming on an hourly timeframe with AUDUSD , after it is respecting the Fib level of 23.60% . If it forms, breaks it's neckline and plays ball I will be looking at shorting this down to a supply zone and psychological level of around 0.76000 We have the RBA cash rate due tomorrow and forecast is neutral however I...

JordanWillson

If you check my previous post you will see a long trade I opened on EURGBP , 3 days later and it has hit my take profit level and beyond. It survived some GBP news that hit Tuesday which slowed it's growth, but then continued it's movement upwards. Over 50 + Pips gained on this one trade! This trade was followed by a trailing stop which made it risk free around...

JordanWillson

I am currently in a buy running nice profit with EURGBP. I entered this at 0.89135 after some neutral news hit earlier today, it's currently respecting the 38.20% Fib level . Quite choppy at the moment I think down to a busy morning tomorrow for the Pound, so I will see how this level holds out and adjust SL if needed.

JordanWillson

Here we have a double top formed on a 4 hour keeping inside a strong bearish rectangle. Level 0.98654 has not been broken and respected perfectly creating this formation, also strong convergence with the RSI and Stoch. If the 50% Fib level is broken at 0.98048 I will be looking at shorting this to around 0.97205 support level. It is also visible that it is...

JordanWillson

Here you can see a clear image of a bearish rectangle, showing that the bearish trend halted and began to consolidate. It respected the rectangle perfectly for over 12 days without any large breakouts. As time moved on it was comfortably within the rectangle however at the same time was being squeezed into a bearish pennant. This was a case of waiting patiently to...