Sascha_Gogolin

Sascha_Gogolin Updated 

The current corrective structure that has formed during the asia session is hinting about another bullish move around the corner. I am expecting a weak retracement into ST support around 1.3925-1.3935 followed by a move up to the first target at 1.3960. If the buyers manage to push through that level, next would be 1.3975, 1.4020 & 1.4080.

Sascha_Gogolin Updated 

The corrective structure we are seeing on the 1 hour chart is hinting of at least another re-test of the 1.74000 area. Looking to go long if we get a retracement into 1.7372. First target therefore is 1.74 and if that level folds, extended target is 1.7460.

Sascha_Gogolin Updated 

Mimicing the stucture on the GBPNZD I think this corrective structure we are seeing on the 1 hour chart is indicating another bullish move around the corner. Planned entry is on a retracement into 1.0708 with primary target around 1.072 and extended target around 1.074.

Sascha_Gogolin

Even though we are closing in on a heavy resistance area I think there is room for a quick long play. Looking to enter on a retracement back into 0.7680-0.7596. Primary targets will be 0.7730 and 0.7755. I think 0.7755 will be tough to penetrate but if the bulls manage to pull that off, next resistance is coming in around 0.7830.

Sascha_Gogolin Updated 

Even though the HTF is pretty volatile I see a good opportunity for a quick long play on this pair. Price has just broken out to the upside of a corrective structure. Looking to enter on a weak pullback into support (top of structure) with first target around 1.0080 and if that resistance folds, extended target would be 1.0100.

Sascha_Gogolin Updated 

Even though we are in a bigger range, price is consolidating at the bottom, indicating a possible breakout to the downside. I would not take the breakout itself since chances are good it will result in a false one. But if we get a retracement to the upper part of the corrective structure I'd look to go short with first target around 1.2450. If we break that...

Sascha_Gogolin Updated 

We've broken through and closed below 1.3970, a level which I now see as a good area to take a short at. First downside target would be 1.3880, which is a strong support area. If we should make it through that there is a lot of room to move all the way down to 1.3750-1.38 where is see the next support coming in.

Sascha_Gogolin Updated 

Looking for a quick play during London open and a re-test of the lows in this corrective structure. Not shooting for any extended targets though since we are at a solid support level and have not had a healthy retracement on the 4 hour chart yet. Once we have that I think we will break through 1,7050 and see lower prices, down towards 1,6950 initially.

Sascha_Gogolin Updated 

The price action on both the higher time frames and the 1 hour chart speak of a possible sell off once London opens up. Small and well defined corrective structures on the 1 hour chart like this often are followed by a strong move once the order flow and liquidity re-enters the market. Let's see if it manifests. 1.65 is a good initial target area and if that...

Sascha_Gogolin Updated 

Strong bearish price action since start of the week. I am looking for a possible final push (exhaustion) into the long term support around 1.5950. Looking to get short on a pullback towards 1.61 with first target at the bottom of the corrective structure around 1.6050 and in extension a final target around 1.5950.

Sascha_Gogolin Updated 

Looking for a pullback into 81.00 to sell for a short term trade down towards 80.40. If that level folds another run for 79.80 is likely.

Sascha_Gogolin Updated 

Price has made it all the way back up to the top of the daily corrective structure. For now I anticipate this structure to hold. I used a parabolic exhaustion move into the 1.45100 level to enter my trade. Will take first profit rather quickly and move my stop down to 1.45150 if this rejection looks healthy. Final target will be at the bottom of the corrective structure.

Sascha_Gogolin Updated 

Price looks heavy and is at the moment trying to break through the 1.0400 handle for the 4th day in a row. On the 4 hour chart we can clearly see volatility decreasing towards the level indicating a possible squeeze. As I see it now there are 3 possible scenarios. 1. Price breaks through 1.0375, re-tests the level and sells off towards 1.0310 or even 1.0250. 2....

Sascha_Gogolin

All yen crossed have been in a parabolic bullish run for almost two months now. Am looking for an exhaustion into resistance around 85.50-86.00 to get short. Primary target levels are 82.50 and 81.00.

Sascha_Gogolin Updated 

Looking for a pullback to around 1.25800 to go long with tight stop and primary target around 1.26170. Extended second target around 1.28.

Sascha_Gogolin Updated 

The bids came in heavy around 1.23, catapulting price up to 1.25 in a short period of time. Looking to go long on pullbacks towards 1.2450-1.2460 with primary target around 1.25 and extended target at around 1.2650.

Sascha_Gogolin Updated 

Looking to short this pair if we get a pullback towards 0.8520 without breaking the lows around 0.8495. Primary target will be around 0.8500 with extended target all the way down at 0.8400.

Sascha_Gogolin Updated 

The reversal structure we are seeing on the 4 hour chart is hinting of a change in order flow. I expect either 45.00 or 43.60 will attract new bids that will push price up towards 48.00.