PistolPeteno1

PistolPeteno1

Enter Short Soon Clear Down Trend on Weekly Trend heading to weekly demand zone

PistolPeteno1

Eur/CAD in clear downtrend. Weekly Trendline Broken. Daily Support getting tested repeatedly and will likely break. CAD is showing strength again across all pairs and Oil being bullish will only further drive CAD Strength in the weeks to come. Red lines = Daily Levels/Trendline and Black lines = Weekly Levels/Trendlines

PistolPeteno1

Price is at key Demand Zone. Trend is still bullish. Price just over reacted to the unemployment news in Australia. This is a great long term buying opportunity to Target weekly supply zone

PistolPeteno1

Price Approaching Daily Supply zone. Oil is bullish which should help CAD's cause. Both weekly and Daily Stochastic is very overbought so we can capture a large wave. Plan is to fade the stop hunt at the Daily level (Red line)

PistolPeteno1

H&S Pattern is formed and it looks like a very bearish structure. Euro/AUD recent rise is of the back of poor Aussie Employment figures but it is approaching supply zone. Watch price action at Resistance for Short opportunity.

PistolPeteno1

Below 2 EMA's and Death Cross. Huge Daily level was broken so expect it to turn into resistance and plan is to sell this retest. Big weekly level is the target Weekly stochastic is showing sell also. (Not on chart)

PistolPeteno1

Death Cross on 21/55 EMA DownTrend Expecting short term push upwards for market Marker then move down to weekly level

PistolPeteno1

Stochastic is very overbought on Daily/4 Hourly Trend bullish but needs pull back. Enter now tight stop loss.

PistolPeteno1

Still Above Daily Long Term EMA Approaching Weekly Demand Zone Stochastic Almost OverBought Trend is still very Bullish this is just a normal pullback.

PistolPeteno1

At key daily demand level following 2 Stop Hunts from Market Maker Consolidating now but getting ready for big move up Target is weekly supply zone.

PistolPeteno1

Black Lines = Weekly Levels/Trendline Red Lines = Daily Level

PistolPeteno1

Sell Retest of Daily EMA's Below all 3 EMA'S and Bearish head and shoulder structure suggest this trend is going only one way and that's down.

PistolPeteno1

Oil is extremely Bullish and It's confirmed by 9 and 55 Daily EMA Cross Over. Oil should explode next week. Key Weekly Level is the Target.

PistolPeteno1

Below all 3 EMA'S Very Bearish outside Candlesticks Huge Risk Reward Potential Plan: 55 EMA to be Tested again with fail and re-break of Trendline for huge downside potential

PistolPeteno1

Entry Now at 74.140 SL: 74.337 TP: 73139 (Daily Support/Trendline) RR: 1:4.8 1. Below 9 and 21 EMA 2. Head and Shoulder Pattern formed. 3. Bearish Outside Candle Stick and institutional Sell clear 4. Stochastic Sell Signal

PistolPeteno1

Price Approaching Key Support Level RR 1:10 Wait for buy signal at Weekly support Level And signal on Daily Stochastic

PistolPeteno1

Upward Trendline Intact Daily Stochastic Signalling buy Gradually consolidating below key level in preparation of big move Above Both Daily EMA'S

PistolPeteno1

Above 21 and 55 EMA on 4 Hour Clear Uptrend Daily Stoch is oversold RR: 1:4 Key Resistance is our TP for the restest