Teuwie1

Teuwie1

Cable has reached its weekly range high and formed a bearish butterfly pattern on the H4 and D1 charts. However, it did not enter the supply zone yet. Price could fall from here first to 1.36364 first (the point where it went aggressively up and need to be consumed), then goes to the supply zone. From there to the final target of 1.33743.

Teuwie1

Price has entered the Daily and Weekly Supply zone which is from 0.83351 to 0.82765. The chart shows a Bullish Butterfly which indicates that we can expect a correction up. The daily range low is at 0.83133. I'll wait until it has reached the daily range low and see how price reacts, wait for a correction up and enter on a retracement when new support has formed....

Teuwie1

Price has reached its weekly range high and entered a supply zone. Also on the D chart, there has been formed a bearish butterfly pattern.m which will be invalid when 158.388 would break. Safest play would be waiting for a correction, and enter short on a retracement with stops above the previous high.

Teuwie1

USDJPY has reached the weekly range and a bearish butterfly appeared. Waiting for the price to come down first and try to go short on a retest of the high.

Teuwie1

Entry until 120.023, stops above 120.124, target 118.661

Teuwie1

Entry until 1.48666, stop above, target demand zone 1.46813

Teuwie1

Entry until 0.85363, stop above it, with target 0,84673 intraday

Teuwie1

Entry until $1804, stops above that level. With target $1700

Teuwie1 Updated 

Entry until 1.29917, stops above. Target 1.22590. The first significant support comes in at 1.25779. Look on lower time frames for entries. 1:5+ risk/reward ratio.

Teuwie1 Updated 

Entry until 89.316, stops above. Target 81.909. Supply zone from 88.580 to 89.200

Teuwie1 Updated 

Entry until 0.76017, stops above. Target 0.72024. Supply zone daily chart from 0.75111 to 0.75362. If taken this trade intraday the level to sntyer short is within the supply zone with stops above 0.75362.

Teuwie1 Updated 

Entry until 0.95508, stops above. Target 0.90453. Supply zones 0.94488 until 0.94668, if taking this one, then stop above 0.94668 and the second supply zone is at 0.95212 until 0.95537.

Teuwie1 Updated 

Entry until 1.55657, stop above 1.56085, target 1.54452

Teuwie1 Updated 

Entry until 1.98144, stop above. Target 1.97169

Teuwie1 Updated 

Entry until 1688.03, stop below that. Target 1715.13, Better entry at 1680.72, with stop below 1676.67

Teuwie1

61.8% Fib level @ 151.026. Price should not move much higher than this today. I like to see this to hold and looking for a short. Intraday target 149.550 (ADR 149.679)

Teuwie1

Entry until 0.71719, stop above. Target 0.71252

Teuwie1 Updated 

Entry until 152.760, stops above. Target point B approx. 149.300. Let's see how the price moves when London opens, the downside corrections are usually during this session.