josemarcucci

josemarcucci

The price is moving in an smaller area and is just waiting for big explosion to take finally a direction... The main trend is upwards and the triangle pattern indicates continuation so the probability to continue going up is higher... of course all breaks needs to be confirmed at least in the daily time frame but even safer on the weekly time frame... I will try...

josemarcucci Updated 

The price is right now in a key correction area... I am looking for a short entry looking for the targets described in the graph

josemarcucci

Following my previous idea... I like how it looks the graph right now so I have decided to enter towards the first target

josemarcucci

The price could make a correction after the hug move from last week... wait for it a look for a entry signal around the 0.74700 level towards at least the 0.76500 level

josemarcucci

As many other pairs with the British pound, there is a big move indicating the starting of correction or big move... Lets wait for a retest of the support level and looking for an entry with a first target around the 164 level and possibility of extension till around the 168

josemarcucci

This is a very good opportunity we could have in case the price will break down the trend line... as with all big breaks like this a big move down would be expected, so watch it out traders... any comments or ideas are welcome

josemarcucci

The price is really close to the up trend line and looks like is really probably that it will break it... In case it will happen look for an entry on a retest of the price, targeting the 0.96000 and 0.94000 depending how strong is the move.

josemarcucci

I am sharing with you some macro analysis for this pair... a beautiful head a shoulder pattern is been formed and is just about to be completed in this or next months... Look for a break up and this can give us the opportunity for a long term transaction up towards the 1.20000 level. If you are a patient trader and like the long term transactions with big...

josemarcucci

Finally after a long wait... the price has take a direction breaking the area where it was trapped... and that are really good news for us because everything has turned as a big potential up move. How to enter? I recommend you to wait for a correction around the 2.08750 level and set as a first target around the 2.01450 level.. and it can be even more... this...

josemarcucci

After yesterday strong move... definitely I am considering to open an order looking for a correction of the price to the 0.96500 level.

josemarcucci

The price is in an important level now... where has already bounced 2 times in the last year... therefore I have decided to open a long transaction with a potential target the 8.3000 level

josemarcucci Updated 

The down channel could be broken to continue even lower... in case it will happen the price could reach the 8.05 level... the less probably scenario is that the price bounce back with an strong move up

josemarcucci

There is a nice engulfing in the weekly chart which indicates us that the price could make a correction till around the 17000 level.... Of course we need to wait for the weekly close to be a valid setup...

josemarcucci Updated 

The level is currently at the same level than one year ago, and definitely it's struggling to continue going lower. From the technical point of view there are there is a clear diversion in the RSI and there is a double bottom pattern form in the last weeks. Now I am wondering if the price could continue going much lower? or is finally a bottom and the start of an...

josemarcucci Updated 

There is triangle formed and even if the it usually indicates continuation, in this particular case is not clear whether if the price will continue going up or finally it will find a resistance that has stopped many times the price already. Just keep in mind as it could be a nice move for this or next week.

josemarcucci

The strong down move from last week just confirms the bearish moment of the Kiwi. Look for a retest of the 1.115 level and for a potential rejection on it.

josemarcucci

The price is clearly loosing strength on its up trend movement, and a potential good sell opportunity is on it's way. As a good entry strategy, wait for the price to break the up trend line or wait for a pullback of the price at the 1.50000 level

josemarcucci

Triangle