atovar10

atovar10

NZD has reached some strong resistance, if it wants to continue trend it may want to get some buyers, only way to get buyers is to start selling..

atovar10

Broken support and sellers have kept their ground.. unless bulls take 85.70 I think the skies are clear for the bears to take their piece of the pie.

atovar10

I like to open positions only when I see high probability, low risk.. me longing here is not to call the end of bear market its just a simple swing trade where the extremes are being shown and I think a nice little bounce can happen.. as always we have our Stop loss. Dont be afraid to be wrong and you'll start making money!

atovar10

I like to open positions only when I see high probability, low risk.. me longing here is not to call the end of bear market its just a simple swing trade where the extremes are being shown and I think a nice little bounce can happen.. as always we have our Stop loss. Dont be afraid to be wrong and you'll start making money!

atovar10

money is usually made in the extremes, NZD is strong but strong support is shown here. could this go lower? absolutely, but thats why have our stop loss. good R/R

atovar10

Bulls last zone to defend to get some bouncing done.

atovar10

if it breaks down below 1.3050 all longs will be trapped downside inevitable.

atovar10

Critical levels here for euro here against swizz franc, if it can just break above 1.1460 freely we can see upside easily. lets hope its end of chop

atovar10

Gonna try to long this again, as the shorters looking to get trapped above .7102

atovar10

EA on the verge of falling down and following what GBP did earlier last week.

atovar10

If the circle highlighted looks to trap people and 85.70 holds bulls could be looking to retest range resistance and possibly higher. if it doesn't, bear will take over and take us down to the last support zone.

atovar10

If the circle highlighted looks to trap people and 85.70 holds bulls could be looking to retest range resistance and possibly higher. if it doesn't, bear will take over and take us down to the last support zone.

atovar10

Aussie still looks pretty oversold, and the pound looks rough, so this trade is of pure technicals.

atovar10

shorts are going to be covering if we break 1.1450

atovar10

Aussie could potentially make a leg up here taking advantage of weak dollar.

atovar10

Last zone for a bounce in order for the bulls to maintain some ground. Good buying opportunity here, as always have your stops ready.

atovar10

Could not hold support, shorted at 1.15 stop loss at 1.1550, 1st target at 1.14 then 1.13 Lets see if the dollar bulls can keep the rally going.

atovar10

Both of these pairs are being sold off throughout the market, so its just a matter of which one is wanted less, just from TA I will be going with AUD