exequorcapital

exequorcapital Updated 

A Head and Shoulders pattern has formed on the FX:GBPAUD Daily Chart. With a break of the neckline at 1.67825 , one could go SHORT in anticipation of a breakout. I would not think about shorting this pair until the break happens, so keep an eye on the chart or set an alert up to be notified of a touch or break of 1.67825 . ENTRY Pending SELL ORDER at...

exequorcapital Updated 

Potential Head and Shoulders forming on the USDCAD 4 hour chart. One thought is to catch the right shoulder and ride it down as it descends to the ascending neckline. Take partial profit there and see if there is a break of the neckline OR play a bounce and grab a few more pips before the downtrend resumes. The upward momentum seems to be slowing here at the...

exequorcapital Updated 

There is a potential Descending Triangle setting up on the 4 hour chart of the FX:USDJPY . As Descending Triangles are continuation patterns where there is a steady level of support at the base of the triangle and also lower highs coming down the upper trend line of the triangle, we will look to go SHORT and ride the trend downward. As this pattern...

exequorcapital

Looking to go LONG on FX_IDC:AUDCAD with a break and close above the upper trend line on the daily chart. A break of the bearish wedge will signal a potential reversal in market sentiment. Seems like a nice long term possibility. ENTRY Break and Close of Upper Trend Line - depends on your risk appetite STOP Depends on entry TARGETS...

exequorcapital Updated 

On the 4 hours chart of FX_IDC:USDCHF there maybe a potential Head & Shoulders in the making. This is a chart we will be watching over the next few sessions to see where price action takes us. If price takes us above the shoulder line for a sustained period of time, we will negate this set-up and head back to the charts. If we get a rejection of price at the...

exequorcapital Updated 

On the daily chart FX:EURGBP is showing signs of a short term drop back towards the rising trend line. The price was rejected at the 50 day SMA (Simple Moving Average) and has begun to pull back. I think there could be a couple set-ups in the making in the short term. OPTION 1) Go SHORT at the beginning of the week, baring no major gap, looking for the...

exequorcapital Updated 

FX:AUDNZD stayed in a range of 76.5 pips during this past week - represented by the yellow shading in the chart above. The pair also stayed inside the 2 week Bullish Parallel Channel , bouncing off supports and resistances nicely. ENTRY The overall trend is currently BULLISH for the FX:AUDNZD in the near term. With a break of the Upper Range Line @...

exequorcapital Updated 

Potential Reversal setting up on FX:USDCHF H1 Chart. If we can get a break of the Descending Wedge upper trend line at 0.97430 we could shoot higher. IDEA Pending Buy Order at 0.97430 Stop @ 0.96850 TARGETS Target #1 - 0.97640 Target #2 - 0.97770 Final Target - 0.97980

exequorcapital Updated 

FX:USDJPY could continue to trade inside the consolidation range between 112.200 and 113.320 . We could play a short term bounce and go LONG from 112.200 with 3 Fibo Targets for Take Profits. Closing out 60% of position on a hit of Target #1, letting 40% ride. Then on a hit of Target #2, close out 50% of the remaining position and let other 50% ride to...

exequorcapital Updated 

Potential for a bounce in the FX:USDCAD to form the right shoulder of Head and Shoulders pattern on the 4 hour chart. Bounce around the "neckline". Entry at 1.24470 Stop just below previous support at 1.24160 Target is the top of the Right Shoulder which should come into play around 1.25330 Published 10/11/17

exequorcapital Updated 

A DOUBLE BOTTOM has formed on 4 hour chart of the FX_IDC:AUDCHF . We noticed this a tad late and have already had a break of the neckline resistance at 0.76630 . Sometimes if we miss an opportunity to enter on the break, we can catch the entry on a dip off the broken neckline. Many times there will be a pullback towards the previously broken neckline - which...

exequorcapital Updated 

There is a Potential Descending Wedge forming on the hourly chart of FX:USDJPY . We could get take a couple plays with this one. If we get a bounce at the mild support line at 111.700 , then we could place a LONG looking to retrace back to the descending wedge upper trend line. With this LONG we would place a tight stop of 5 - 15 pips in case support...

exequorcapital

On the FX:USDCAD 4 Hour Chart there is a potential multi-term SHORT setting up. ANALYSIS There is a Head and Shoulders Pattern that is either still in the making ( see the Potential Right Shoulder Zone ) or has been confirmed with the recent pull back from 1.25200 . We have a range of support between 1.23165 and 1.24335 . If our Right Shoulder has...

exequorcapital Updated 

Going Long on FX:EURGBP on a bounce off the lower channel trendline on the H1 @ 0.88820 . Looking at a tight stop at 0.88500 . TARGETS Target #1 - 0.89400 - 61.8% Fibo Retracement Target #2 - 0.89750 - 38.2% Fibo Retracement Pulbished on 10/13/17

exequorcapital

There is a Symmetrical Triangle Pattern emerging on FX:USDJPY H1 chart. This could really go either way with a break of the upper or lower trend line. The Base of the triangle measure 82 pips, so once a trader decides their bias, a market order could be entered on a break of either the upper or lower trend lines with the target 82 pips from entry. As of...

exequorcapital

Potential break of Descending Wedge on FX:USDCHF H1 Chart. Could get a break of the descending wedge upper line at 0.97430 Pending Buy Order at 0.97430 Stop at 0.96850 TARGETS Target 1 - 0.97640 Target 2 - 0.97770 Final Target - 0.97980 Published on 10/11/17

exequorcapital Updated 

Potential Long Term Head and Shoulders Setting Up on FX:EURUSD Daily Chart If we can get a pullback and daily close around 1.18680 followed by a bear candle ( preferably an engulfing bear candle ) then we may have our Left Shoulder and be on the way down to test the neckline at 1.17100 . One could place a pending sell stop order just below 1.17100 and...