this is an old chart that i had forgotten about, fan seems to have got you in and out at all the best levels
We're at a few levels of technical support, plus there is positive divergence on the Stochastics. A close above the August High would make me feel better about going long and I am going to wait for the stochastic to cross the lower level and hold
I see this latest Monthly candle as being a good sign of new Bullish sentiment coming into a Support/Technical area. I would be going long above the high of the Monthly Pin Bar but my entry would be on a lower time frame. Would be good to see the price of Oil above 80 towards 90
Looking to go long but the EURUSD, should there be another gap down move after the Greek referendum The Wolfe wave could have already started its journey back up to the EPA but I would rather wait for a low around 1.900 to go long up to 1.1400
Daily GBPUSD looks like its going to aim for the EPA around 1.5000 The Wolfe wave had 4 confirmed points then the 5 turned on the Trade Line from 1 to 3
Looking to see if the GC can fond some more sellers up at 1.9280 back down to 1.9100
As a follow up to the EU short forecast, I was able to short from near the top as I was already looking for the level to short from. Entered using the levels from a closing price - Closing Price Technique Now targeting breakout levels to be revisited
price is running up to an overbought area. Looking to short the 1.12915 and see if i can get below 1.12305 to 1.11650 or less.
Have been waiting for this run up to lose a bit of momentum. The last 8 hours or so have produced an inside bar and as we're more likely to find resistance up here I am looking to capitalise on the profit taking and short this down to the previous structure and Support at 1.5500
Having seen this retrace I am now confident that there are buyers here and i'd like to think there all ways will be. This could go a lot higher than 121 and I needed to get in at a level of support
Looking for new momentum to come into the market early next week. It will either test 1.04980 and bounce , possibly to 1.07115, or it will crash through and visit 1.02539
The 4 lines on the chart are what i see as being the most important levels for the next 2 weeks. Ultimately I will short this at 1.123 down to 1.000
Thinking that this 3 drives pattern could announce the top in this move. Looking to see if we can start testing support. We made it between my 2 targets and reversed off 1.9600 which is a good run in anyones book.
I'll be looking to see if the momentum dries up at 1.9700 and for profit taking / Short positions to come in. Today we should easily take out 1.955 and possibly 1.9650 too
I see GBPAUD targeting the 1.9700 psycho number as it should be able to get through 1.9543 and then 1.9600 - 1.9650. It would make sense for a proper correction to occur around a 00 and as there is a level just below 1.9700 I see that is being the first place to look for shorts
Today I am targeting 1.0695, this should be quite easily reached today. However, there are 3 other levels i'll be gunning for depending on momentum. If the other levels are not reached today I look forward to price visiting them in the near future.
This looks like it really wants to visit 0.58, monthly close below the trend line would help a lot