Trader_97

Trader_97 Updated 

SETUP # 1 ( Impulse Wave Scenario ) Buy XAUUSD @ 1739 Target @ 1744 & 1758 Stop @ 1731.5 SETUP # 2 ( Corrective Wave Scenario ) Buy XAUUSD @ 1716 Target @ 1740 & 1758 Stop @ 1707

Trader_97 Updated 

Looking for long around 0.7110 Targets @ 0.7298 & 0.7450 Stop @ 0.7052

13:41

Trader_97 Updated 

In this video I have taken a look at NZDUSD & AUDUSD overall price movement and trend from Day timeframe all the way down to H4 & H1. Did a quick break down of key levels and current price structures and discussed potential trading setups and price movement in the coming week. Please give it a thumbs if you like my analysis or agree to it to certain extent and...

Trader_97

Pretty risky is the business of marking out tops and bottoms but here on this chart and even riskier to trade just that, today we will discuss why it could be likely that Pound may lose steam and start to fall against Yen from a technical standpoint. Now before we continue. I want to highlight here that is in no way to be considered a trading setup. This is...

Trader_97 Updated 

GBPUSD Long Setup Long @ 1.3872 Target @ 1.4000 & 1.4174 Stop @ 1.3796

Trader_97 Updated 

Broken Wedge Long Setup Buy XAUUSD @ 1721.50 Targets @ 1740 & 1760 Stop @ 1700

10:58

Trader_97

Overall Pound retains its bullish trend against the greenback and in light of the current Short term & Medium term bull trend we will look to buy the dips. On H1 & H4 there is one setup that I have pointed out that looks good in the pre-market analysis. Lets see how it turns out. Long @ 1.3900 Targets @ 1.4030, 1.4100 & 1.4330 Stops @ 1.3830

Trader_97 Updated 

Reasons to Buy 1. Trend Line Support 2. Resistance Turned Support @ 141.20 3. 200 Period M.A Support 4. 1:2 Risk to Reward 5. Support Trend Line Test 4 Times Since 22nd December

Trader_97 Updated 

Setup # 1 Short @ 1814 Target @ 1794 Stop @ 1832 For Entry on Correction Setup # 2 Short @ 1842 Target @ 1794 Stop @ 1880

Trader_97 Updated 

Long on breakout around 1898 - 1900 STOP @ 1852 TARGET @ 1930 & 1964

Trader_97 Updated 

SETUP # 1: Looking for longs @ 1.3246 Stops @ 1.3118 Target @ 1.3460 In case price dives with a deeper corrective move lower then we can opt for setup 2 SETUP # 2: Looking for longs @ 1.3162 Stops @ 1.3069 Target @ 1.3460

Trader_97 Updated 

Pound is currently correcting lower within an uptrend. A good area to get back in for a long position would be the 38% retracement level @ 1.2970 with stops around 1.2916 area.

Trader_97 Updated 

Eur has continued to rally within the short term bull channel but it is approaching resistance fast. Bulls may start to lose steam around 1.1422 & 1.1444.

Trader_97 Updated 

Pound may continue to rise against USD after the breakout and I will be looking at 1.2528 & 1.2660 for next potential target for exits on long positions.

Trader_97

Pound finally found some support to hang on to after pushing below 38% (1.2478) retracement level. Should this support hold we may find Pound climbing back towards 1.2670 for a retest.

Trader_97

We currently are at the bottom of the structure. With little to no room left to head south price could A) Potentially break further lower into 10's & 15's. B) Start a consolidation and range between 25's & 50's. Before resuming the trend intact within the structure. In the long term personally I believe Crude Oil might very well stay below and trade under 20's...

Trader_97

Going short on GBPUSD

Trader_97

Going Short on GBP/JPY