NineOneCapital

NineOneCapital

I'm predicting a brief retracement from this 0.90700 level. Looking at the 4H chart this is a deep pullback from a bullish head & shoulders pattern.

NineOneCapital

The market has completed a bullish head and shoulders pattern and has retraced back to the neckline. Price has lost momentum before reaching the 0.91500 level. This level is also the completion of a AB = CD (equal measured move) pattern, 1.272 inversion and a 618 Fibonacci level. Now lets see what the market gives us.

NineOneCapital Updated 

As predicted in my last post, we got a push higher. Following this push I'm predicting that resistance will temporarily hold at 0.92500 followed by a pullback between 0.91875-0.91500. If we get a pullback to those levels I will be looking for buying opportunities. My target projection is between 0.93500-0.93800.

NineOneCapital

Looking at the daily time frame, USDCHF has been in a bearish trend. Currently the market is consolidating and has formed a head and shoulders pattern at a major structure level along with RSI divergence. I'm predicting a push to the upside.

NineOneCapital

I think price can push lower from the 0.68200 level.

NineOneCapital

Nice setup for me. What do you think?

NineOneCapital

Looking for a short opportunity

NineOneCapital

Fibonacci confluence at structure, completing a harmonic move. Let's see how this plays out.

NineOneCapital

Looking for a bounce off the 110.400 level

NineOneCapital

Looking for a short opportunity.

NineOneCapital

Nice long setup. Looking for a retest of the swing high

NineOneCapital

Short position

NineOneCapital

Looking for a buy

NineOneCapital

Overall bearish trend with a, .618 FIB pullback to the trend line with a lower low OANDA:AUDUSD

NineOneCapital

Price is retracing to a support zone/.618 FIB level, RSI is over sold, uptrend. Looking for an entry reason at the zone.