pav4ito

pav4ito Updated  Jun 4, 2019

AUD/NZD portrays a very bearish outlook on almost all timeframes. Monthly, Weekly, Daily, 4H and so on. Also checked the indexes, NZD looks very bullish as it rejected a key weekly trendline, AUD Index broke lows and is now retesting. Furthermore we have Interest Rate news tomorrow which consensus states will drop from 1.5% to 1.25%. If AUD/NZD breaks above this 4...

pav4ito Updated  May 30, 2019

If price action breaks above 71.350 then the idea is void.

pav4ito Apr 24, 2019

Pretty simple analysis. We've been rejecting the same trendline since 2015, it broke in December 2018 and retested end of January 2019. Dropped 350 pips and is now retesting the trendline once again, IF and ONLY IF we get a good rejection does this mean that I will be entering a sell trade. Looking at using 0.5% risk. Stay safe.

pav4ito Updated  Mar 20, 2019

EUR/USD as we can see has hit a major top trendline, if we get a rejection we should be expecting downside. We can also see that it is currently hitting the bottom trendline, looking a bit to the left we can see that it had the same structure as before. A clear downtrend can be stopped due to the lower lows and lower highs. If the top trendline is broken then this...

pav4ito Feb 12, 2019

GBP/JPY has been ranging for one week. The bigger the ranging period the bigger the breakout is. Be careful, only trade the breakout when you have confirmation. Do not get caught by a fakeout.

pav4ito Feb 6, 2019

GBP/USD recently broke the top trendline as displayed on the chart (22nd January). It looks like it is now retesting the trendline, furthermore it is also hitting the key support level at 1.29253

pav4ito Jan 27, 2019

EUR/JPY was in a 4 Hour symmetrical triangle. It has just broken out and it looks like it will be retesting the triangle structure. Be careful with this as it could be a fakeout. Wait for a buy setup before fully committing. Patience pays. Goodluck traders.

pav4ito Updated  Jan 25, 2019

EUR/USD is currently hitting the 4 Hour Trendline. I am waiting to see if this will be a trendline retest or breakout to the upside. Patience pays. Goodluck traders

pav4ito Updated  Jan 16, 2019

CAD/JPY rejected the trendline and support levels (indicated in chart). It is currently in a corrective wave/pattern. It looks like we are currently in wave 2, expecting to see Wave 3 begin soon.

pav4ito Updated  Jan 15, 2019

EUR/USD was consolidating for 2 months and it finally broke out to the upside. It also just retested a key weekly level (@1.14882) . Furthermore it is currently in an uptrend. Im expecting more upside movement to come out of this pair.

pav4ito Jan 8, 2019

CAD/JPY has rejected the weekly Trendline and also a daily support level with a bullish Pinbar candle. (Indicated on chart). This leads us believe that buyers have taken control of the market. This is looking like a long term buy trade. Wait for a buy setup before entering and use small risk.

pav4ito Jan 6, 2019

It looks like the trendline may not be breaking. It appears that we are seeing a rejection. However nothing is 100% for certain. Only time will tell, we have to be patient until it gives a direction. Use your patience

pav4ito Jan 3, 2019

EUR/JPY has just broken the weekly trendline it has been following since 2014. I am waiting for a DAILY close BELOW the TRENDLINE , otherwise the trade idea will be voided. I will wait patiently for a retest or another form of sell setup.

pav4ito Updated  Jan 3, 2019

Since April of 2015 AUD/NZD has been rejecting the same daily trendline, as shown in the chart. However, we have no experienced a break in the trendline and a retest. I am looking for a suitable sell setup. Make sure you look at technicals and fundamentals.

pav4ito Dec 20, 2018

GBP/NZD Daily trendline broken, it has been following this trendline since November of 2016. The trendline was broken last month (November) and we are just now seeing a retest. I will be looking for a sell setup soon. Expecting a large downside movement. Keep an eye on Fundamentals due to this Brexit fiasco.

pav4ito Dec 17, 2018

EUR/CHF just broke the weekly trendline it has followed since the beginning of 2015. I will be waiting for a retest of this trendline before I enter a sell trade. Make sure you also check fundamentals before entering any trade.

pav4ito Nov 20, 2018

AUD/NZD is currently hitting a very important trendline. I am waiting to see which of 2 things happen. 1.) A trendline rejection and we enter a buy trade. or 2.) We break the trendline, have a trendline retest and enter a sell trade. Patience is key. Trade safe traders.

pav4ito Updated  Nov 12, 2018

USD/CAD recently rejected the top trendline, but it is currently breaking the bottom trendline on the 4 hour timeframe. Once the candle has closed below the trendline I will be looking for a sell setup.