alcance4040

alcance4040

Wait for a Close below 1.29600 then short the Pair to 1.26500

alcance4040

The 142.000 area is a must-hold level for buyers. But given what we’ve already seen from other yen pairs, a breakdown seems imminent. Just remember that there are two upcoming Fundamental factors to consider and they will trigger an increase in volatility: 1. Fundamental event in the form of this Thursday’s BOE decision and statement. ...

alcance4040

A DAILY CLOSE BELOW 1.10700 WILL TRIGGER A SHORT POSITION TOWARDS 1.09300

alcance4040

A DAILY CLOSE BELOW 1.8660 WILL TRIGGER THE SHORT POSITION FOR 600 PIPS.

alcance4040

SELL EURUSD TO 1.10050

alcance4040

If we do see the GBPAUD start to rotate lower from the 1.91500 resistance area, we could have a head and shoulders reversal on our hands. Notice the left shoulder that developed last October. The head of the pending formation was that multi-year high in December. But to call this a head and shoulders pattern, sellers need to secure a daily close below what would...

alcance4040

SHORT POSITION ON EURUSD TO 1.10100

alcance4040

SHORT POSITION TO 1.30700

alcance4040

SHORT POSITION TO 1.26840 THEN TO 1.22140

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SHORT FROM 0.68280 TO 0.68080

alcance4040

Short EURUSD at current Price 1.10700 all the way to 1.10300

alcance4040

1.30000-1.29800 is a Supply zone= SELL HERE 1.28170- 1.27970 is a Demand zone= BUY HERE

alcance4040

Wait for Price to retrace to 1463-1465 Demand zone and Buy all the way to 1475-1480 area.

alcance4040

On the H1 was a small Bear Channel/Bullish Flag formation which was broken yesterday. We wait for Price to retrace back to 1463-1465 Demand Zone before we Long again.

alcance4040

With the fotmation of the 'W' on a daily chart break above 0.99500 can give us a 700 points Profit on a Long position.

alcance4040

SUPPORT ZONES AND RESISTANCE ZONES FOR USDCAD LONG TERM TRADES

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BUY AUDUSD Entry Price 0.67700 Take profit at 0.67900 Take profit at 0.68200 Take profit at 0.68530 Stop loss at 0.67103

alcance4040

A close above 1521 then small move and a retest of the same level may open up 1530