Respecting the 0.90113 could bring the market back swinging down. Target points will be places -@0.89302 -@0.88704 -@0.87689 ***WAITING ON THE RESPECT OF THE 78.60% ON THE FIB LEVELS***
Break of support @1.60883 potentially will cause the market to move futher to the downside. If that happens we will most likely see the push down all the way to trend. (DAILY TREND) Then after hitting that Daily Trend, a push up retest will most likely happen to go up to 1.59773. After that happens we will wait to see a respect off resistance, when it respects...
Support @1.28954 and the respect of that support is going to make the markets push to the upside. Breaking the resistance level of 1.29353 will cause the markets to move further to the upside. Anywhere in between the 50.00 and the 61.80 on the fib levels. (1.29818-1.29935)
I am looking for this drop off resistance to go down in between 80.678-80.511. That would put the market right near the 61.8-78.6 on the fib levels. After hitting those points, I would like to see the market start to push back to the upside. Ending at the 83.568 level where historic resistance and previous reversals were at.
GBPAUD Respecting the touch of 1.80682 and breaking back above 1.81695 will possibly make the market make a move above the channel all the way up to 1.84321.
Key support @89.29 with the break off the bottom of the flag can have a high possibility of the reversal to the bull markets. If you re looking for more confirmation wait for the break of the resistance level. Key resistance is @90.98 witch is where back in September of 2017 the low was at. ***THIS IS AN EDUCATIONAL POST***
GBPCAD HAS A VERY NICE CHANNEL AND WILL LOOK FOR THE TEST UP TO THE (4) THEN DOWN TO THE (5). TESTING UP IN BETWEEN THE 50 AND THE 38.2 OF THE FIB RETRACEMENT. AROUND THE 1.70080 AND 1.72487 THEN GO DOWN TO THE BOTTOM OF THE CHANNEL TOUCHING THE 1.0 TREND-BASED FIB EXTENSION. AROUND THE 1.60821 AND 1.58661 ***TRADE AT YOUR OWN RISK***
Starting off with the trend for XAUUSD 0.46% . We can see it has respected twice. So for the fib expansion we are looking for a third push to the upside. The respect of 1204.49 and the break off push will most likely guarantee another push to the upside. Along the way trying to break 1214.04 and potentially pushing all the way up to 1223.36. That would be...
Starting off with the trend for XAUUSD. We can see it has respected twice. So for the fib expansion we are looking for a third push to the upside. The respect of 1204.49 and the break off push will most likely guarantee another push to the upside. Along the way trying to break 1214.04 and potentially pushing all the way up to 1223.36. That would be our exit...
Going up for a potential trend test and respect off to the downside. Cancel everything if trend is broken and rejected. Potential entry @ 145.352 Looking to take GbpJpy down to 141.276
Might start to see a rise up to 1.16697 Possible entry @ 1.15095 Then might be looking for the possibility of the push to the downside @1.13999 when resistance is hit @1.16697.
EURJPY BUY ENTRY @ 128.717 STOP LOSS @ 128.252 TARGET 1 @ 129.140 TARGET 2 @ 129.630 TARGET 3 @ 130.097 0.01 PER $1000 IN TRADING ACCOUNT *PAST TRADE DO NOT GUARANTEE FUTURE PROFITABLE TRADES*
COMPLETION OF WAVE. SUPPORT HIT ON KEY REVERSAL POINT. XAUUSD BUY LIMIT ENTRY @ 1211.10 STOP LOSS @ 1200.19 TARGET 1 @ 1225.65 TARGET 2 @ 1244.75 TARGET 3 @ 1263.85 0.01 PER $1000 IN TRADING ACCOUNT *PAST TRADES TAKEN ARE NOT GUARANTEED FUTURE PROFITABLE TRADES*
WAVE COMPLETED AND READY FOR A RETEST BACK TO THE UPSIDE. EURJPY BUY STOP ENTRY @ 129.432 STOP LOSS @ 129.051 TARGET 1 @ 129.592 TARGET 2 @ 129.792 TARGET 3 @ 129.992 0.01 PER $1000 IN TRADING ACCOUNT *PAST TRADE WINS ARE NOT GUARANTEED IN FUTURE PROFITABLE TRADES*
EURCAD BUY LIMIT ENTRY @ 1.51038 STOP LOSS 1.50470 TARGET 1 @ 1.51485 TARGET 2 @ 1.51925 TARGET 3 @ 152366 0.01 PER $1000 IN TRADING ACCOUNT *PAST RESULTS DO NOT GUARANTEE FUTURE PROFITS*
XAUUSD SELL LIMIT ENTRY @ 1220.26 STOP LOSS @ 1224.65 TARGET 1 @ 1217.94 TARGET 2 @ 1215.96 TARGET 3 @ 1214.00 0.01 PER $1000 IN TRADING ACCOUNT