giorgiofrattolillo

giorgiofrattolillo

A possible scenario that could be opening up for AUDNZD. Lots of news for the AUD this week though so it very much depends on the news releases and how they pan out.

giorgiofrattolillo

Price is currently in a small consolidation period, where it is unable to break the most recent resistance level of ~112.841, and its also unable to break the current support level of ~111.957. The size of the candles shows that this is a pretty even battle between the bulls and the bears, although price is currently on an uptrend with it moving above the 200EMA....

giorgiofrattolillo

Prediciting a short on this pair, due to its continuing downtrend. Using a fib retracement, i predict there will be a small pullback to the 618 area, with a small shorting opportunity just after. The 618 area also happens to be inline with the previous LL for this pair. Price is currently below the 200EMA, showing a downtrend, and the bearish candles that are...

giorgiofrattolillo

Head and shoulders pattern at the top of the current uptrend, this could indicate a reversal to the downside in the next week or so.

giorgiofrattolillo

GBPUSD 4H Long. Using my trend lines drawn from the Daily chart (forming a nice wedge pattern), we can see that price is currently touching the lower trend line. There is also a strong bullish candle which i would use as our buy signal. Overall, I would say this trend is currently in a downtrend, due to the 200EMA being above the current trend, and due to the...

giorgiofrattolillo

GBPUSD 4H Long. Using daily trend lines and support levels, I can see a wedge forming. Also there is a huge bullish candle at current price, where it has interacted with one of the key trend lines. Overall, id say this trend is bearish due to the size and power of previous candles, and the 200EMA being above current trend. However a 'shorter' long order could be a...

giorgiofrattolillo

Spotted a gartley on GBPUSD 1H chart, long to ~1.31600 level. Also bouncing off current trend line.

giorgiofrattolillo

Bouncing off well respected trend line acting as resistance.

giorgiofrattolillo

If price continues to respect the TL, ill be expecting the pair to go long.

giorgiofrattolillo

Pair is currently at a key resistance level. I imagine it will retrace back to the current trend line, and hopefully give us a signal that its going to stop consolidating.

giorgiofrattolillo

Shooting star at the top of the uptrend, rsi is also showing as overbought.

giorgiofrattolillo

Been waiting on a breakout on this ascending wedge, making higher lows but unable to break the ~1.93658 level. Spotted a hammer at the bottom of the short downtrend, which indicates the bulls taking control, but watching the chart i can see the bears are really trying to push the price down. I personally am not currently in a trade with this pair.

giorgiofrattolillo Updated 

Spotted a loss in momentum due to candle sizes at the bottom of the downtrend, also verging on oversold using the RSI. We also have an inverted hammer indicating a reversal on this pair.

giorgiofrattolillo Updated 

Possible shorting opportunity on the 4H chart, looking at a shooting star at the top of the previous uptrend along with it being currently overbought.

giorgiofrattolillo

Predicting a short on this pair, Following previous trend lines with the RSI crossover.

giorgiofrattolillo

Looks like the downtrend on this pair will continue, waiting on the pair to hit the trend line, hopefully following the pattern its been giving us the past week or so. Not looking like there will be a breakout at the moment, will have to keep an eye on candle sticks the top of the up moves and the bottom of the down moves. Waiting to hit the next red zone to sell.

giorgiofrattolillo

A double top indicating buyers are struggling at the moment, also we have a wedge pattern which is close to an end. A couple of respected horizontal lines in, with some short term buy/sell opportunities

giorgiofrattolillo

Spotted a wedge pattern on the 4H chart - a couple of opportunities predicted using fib levels with support and resistance lines. Waiting on a breakout for this pair this week.