Earlier this week we wrote: "In the first half of the week would not surprise me to see a consolidation and then resume the" leg bullish. " , And this happened (see link below). Now the expectations for next two days are for a possible rebound. If that were true, we should see a possible strengthening of the short net position also on the SP500. Friday we will...
AUDUSD has just reached the area of a possible first target bullish, bullish movement was important and very steep, a further possible extension before a pullback. Follow our setup here: Signal Suisse
If the swing and the formation of the model will be corrected, the bearish move could be important, so there is no need to go with size important. About the Money Management, the bullish trend would return over the previous highs. Signal Suisse
The movement that is developing, it would seem to be following our "SWING PLAN" (see link below) therefore I expect a technical rebound. The swing expected, should develop a further butterfly who sees the same levels of target. In support of this hypothesis is the maintenance of the area between 50% and 61.8 which should generate the rebound expected. SWING PLAN:...
Setup with good R/R Ratio
Simple Levels.... simple chart... simple trade....
EURUSD is perfectly respecting my "SWING PLAN " (see link below), and this shows that the bearish move could still continue. Looking even the "SWING PLAN " we realize that the bearish movement could occur in two ways, this aspect will be important to help us manage our trade (Money Management). I suggest you follow the "SWING PLAN" for the next two or three...
AUDUSD worked the classic pullback after reaching the first target to swing. The formation of the butterfly sell detected for the past several days, is working correctly and the dynamic pressure is still facing upward. To help a possible strengthening of the Australian currency, there was the maneuver of China to support its economy. From the technical point of...
Area to be monitored for a possible reversal (supports), today's close will confirm the completion of the bearish leg or consolidation of this pullback.... Signal Suisse
EURAUD could maintain a bearish tone for the next few days, today is scheduled the hearing of the governatorr of the RBA and could bring volatility to the cross. Currently, trend remains bearish , we have entered into short 1.4330 area (See link below) and put the stop loss to protect the trade. The targets remain unchanged. Signal Suisse
USDJPY is very attractive in terms of graphics and technical. The cross is working on a fundamental area for the next swing. The tightness of the support (61.8) could trigger a bullish acceleration up to at least 121.50 area, then to have the possibility of a rupture of the maximum groped. On the other side, a close below the KEY LEVEL AREA could trigger a...
Short at 2097/2103, stop above TL and target 1 at 2040 area. Good R/R Ratio. Signal Suisse
UPDATE: I lowered the stop loss from 1.2718 to 1.1213 (improved money management ) and added an intermediate target Signal Suisse
I'm not a lover of the classic indicators, I prefer to look at the price and follow the swing. On the contrary, the VIX as well as the COT , can be an interesting indicator. If we look at the graph, we can see that after each double bottom, the price has rebounded. The "DB" have never gone to the target, but at least a rebound occurred. This week will be very...