Bear Market is all I can say at the moment. Will be playing only off current support and resistance levels until things settle down for a bit. Resistance @ 1.9496 Support @ 1.9297 still watching closely at this bear market, will be marking a new course of direction based on this new landscape. Happy Hunting.
Been watching as the market plays out today and I can't help, but see there is a huge Bullish move around the corner. Been thinking of a bear market since yesterday, but still there is still not enough at these levels to push this lower at the moment, the only other direction would be to go up. Until that there is a signal of major resistance, going long is the...
After major break in support yesterday and a continuation of a Bear's Short from last week, it would be safe to say we are now in a Bear Market. We had a steep drop which had bounced off Support @ 1.94365 and we are in another area of demand. There should be one more push up to resistance zone @ 1.96388 and then short position. Support @ 1.9466 Resistance @...
After giving the market time to play out, I'm starting to see signs of a bounce on support levels and a change of trend happening. Seems to me the Small Bullish Channel within a Bullish Weekly Channel is still holding it's trend. As much as I do really want to short sell this, I'm not seeing enough signs to short sell at the moment, but to keep playing this...
Last trading day we had hit new highs of 1.9830, since then it has been going down. The big question when the day begins, will we have a continuation of that bear trend back to daily resistance levels? Or is it going to bounce within the small bullish channel and continue in a bullish trend? The only thing we can do is to watch both support and resistance levels...
After seeing major key supports break yesterday, we now have support around 1.9550. Expecting to go up one more time to resistance and than the start of what may be the time of the bears. I've been Bullish until Daily Support levels from yesterday broke, giving me a hint that a Bear Market is possibly in play. For the time being, I'll be sitting back and...
That was a very small short, finding support at current prices about 1.96577. 2Hr Old Resistance/New Support @ 1.9647 Daily Old Resistance/New Support @ 1.9620 Bullish Weekly Channel is still the big view. Custom 9 Signal System is active for buy position. TP @ 1.9760 Current Resistance. Everything is still Bullish in nature. These areas of support are way too...
After a major run to 1.9700 level once again, there are signs to go short position for the short-term Major resistance @ 1.97131 Resistance levels on Small Bullish Channel Custom 9 Signal System showing Shorting is now Active Bullish Weekly Channel is still in play. Overall market is still Bullish in nature. TP around 1.9620 Happy Hunting.
Starting to see signals of a switch from short to long. Support @ 1.9563 Breakout from Small Bullish Channel Custom 9 Signal System Confirming to go Long Bullish Weekly Channel still the big picture overall. Bullish in nature. Will update of any changes as time goes. Happy Hunting.
We just had a bounce off the resistance level of a small bullish channel. Looking for this to retrace to a major support area. Weekly Bullish Channel still Active. Reached resistance levels on a Small Bullish Channel. Custom Signal System is now active to short. Still very Bullish in nature. Now sitting back and letting the market unveil it's next move.
Been waiting for signals to change after a long run. Confirmation to short has started. Double Top Reversal 30 Min Chart. Resistance on Small Bullish Channel to Short. Custom 9 Signal System Short Position is now active. Bullish Weekly Channel. Still Bullish in nature. Happy Hunting. I have a Short position at the moment, will update as exit confirmations...
After a wait to see where the support would be after a major shake up from yesterday, we now have a solid support bouncing off the 1.93038 area. After looking at the chart we are still playing off a Small Bullish Channel within a Bigger Bullish Weekly Channel. Outlook is still bullish in nature. Bullish Weekly Channel Small Bullish Channel Major support...
After a bit of consolidation and a shake up. The outcome had turned out to be the tide of the bears for now. Old Support broke. 4Hr Head and Shoulder Reversal to short side. Custom 9 Signal System is now in short sell position. Now waiting to see where this goes. Just keep following the smart $$$ and you will be fine. Waiting for confirmations for next move,...
Looks like it's that time to go long once again. Strong support at current levels. Bullish Weekly Channel still active. Custom 9 Signal System is now active for long position. Take Profit is at resistance area, from there we can determine where the next possible move may be. Until then, do not assume any short position until going long is no longer an option. I...
The top has been tested and I now have confirmation to start going into a short-term short position. Still in a Bullish Weekly Channel. Double Top Reversal Pattern forming to short Custom 7 Signal System now in short position I am still Long Bias in this Bullish Weekly Channel, but I play both sides when it comes to trading. Happy Hunting.
We just had a short-term short, but the chart is still on Bullish Trend territory. Bullish Weekly Channel is still active matched up with my custom 7 signal system points to and uptrend in motion. Short positions should be closed off, unless you are holding it for the long hold, but I highly suggest not to being that there is a Bullish Weekly Channel. Happy...
Starting this week with what was maybe a continuation from last weeks bullish trend. We are within a resistance point of a Small Bullish channel within a Bullish Weekly Channel. Long bias is still in play, but at the moment we have a short-term shorting opportunity. Will keep updated as this week goes being that GBP/AUD is the only I do play. Happy Hunting.
There was 2 points I was trying to short, and both times had failed, meaning the support is holding strong at these levels. The range today has been very narrow, and my custom signals are in buy position. This is another accumulation in the works and the next stage would be an expansion. I had put an ideal target area to take profits in. Still in a bullish...