rodriguesths

rodriguesths Updated 

Price is still consolidating as i see it! And next move down could come any time soon! Later todar we have NZD CPI and that could trigger the so waited down movement! Right now price is respecting this zone with a megaphone pattern ! Entering short here with 40pips SL ! What do you think?? Care to comment? join me on telegram so we can discuss other analysis...

rodriguesths Updated 

Since last analysis on this pair, price has come down below the short term up-trend, made a H&S pattern and got back inside the major down-trend that dates back to sept '18! Looking for opportunities to sell here! Around 1.1090 and 1.1110.. Whats your opinion?? Leave a comment!! Also, if you enjoy my analysis or want to talk about other pairs, join my...

rodriguesths Updated 

My view over this pair! Already looking for entries long here, we saw the breakout in previous weeks and now price is sitting near 0.6600, could go down a little more maybe to 0.6550! I'm in with small position, waiting for more price action to add more positions! What do you think?? Leave a comment!

rodriguesths Updated 

Price touched recently our major down trend dated back to march '18! Since october, price been consolidation near 0.9120 forming a short-term up trend! I the begining of the month we saw this trendline breakout and after that price did re-test it once and now its re-testing again! Matching perfectly with 0.618 fib lvl ! Entering with 40pips SL on this one! What...

rodriguesths

So, EURGBP is looking interesting for both long and short, we have a possible 5th wave happening that could send price down below 0.8270 making a new lower low! On the other hand, we have a down trend-line that price broke out 10 days ago and is now re-testing the line! In lower time-frames we can match this re-test with a support-resistance zone! Right now, i'm...

rodriguesths Updated 

After trend confirmation and 100pips done on this pair, price retraced and got rejected at 0.382 fib ! This lvl is matching with a re-test of our short-term trendline! I'm in for a Buy, small SL and lets go! Any opinions? Leave a comment !

rodriguesths

Price is now siting on support trend-line, and if we see a closure below that lvl, next week we could see huge movement down! I would like to see price going down to about 1.1060 and then look for sell opportunities! On the other hand, if price manages to stay on this up-trend channel and breaks one more time the major down-trend, well.. then i would look for...

rodriguesths Updated 

Here we have a complicated situation, price broke above the major down-trend but got back inside! Now is sitting in a zone where i'll have to wait and see who's gonna win! Buyers or sellers? For buyers to win, we have imediatelly to stay above 1.1110 at least, and next week try to break the trend and re-take that 1.1180 zone! hard... On the other side sellers...

rodriguesths Updated 

By now, if you've been paying attention to my previous analysis, you know i always prefer continuation over breakouts! I just think its safer for entries! This pair is a great example! Price just touched a multi year trend line dating back to 2015! I'm in for the SELL for sure, 83.00 could be my final target because of the new up-trend that formed since aug'19 ! A...

rodriguesths Updated 

Price rejected 0.8800 with a huge rally to 0.8630, breaking the up-trend iniciated on oct'19 ! Since then it's been consolidating with a 40-50pips range! I'm in a Sell right now on 0.8675 where price touched 0.382 fib and got rejected, already in 30pips profit and secured at entry! My initial thought, was that the 0.618 lvl was looking more reliable and i still...

rodriguesths Updated 

This is what i think right now of this pair! I'm in for a sell, and as long as we dont see a daily close above 0.6930 i wont try to go long here! But after touching 0.6850 and climb all the way up to 0.6920 price has been consolidating in a bullish flag! Right now, I'm in for a sell with -15pips SL only.

rodriguesths Updated 

So, when i'm watching this pair, my first opinion is that price is coming down this majo channel since May'18 and these last days and weeks were just consolidation! I believe it will continue to fall in the long term! But watching closely, this 1.0800 level looks damn good for a short-term BUY ! I'm in with a small position as i know its a risky trady... My SL is...

rodriguesths Updated 

We have a nice setup going long here if we see a good candle closure above the trend line formed by the two previous spikes! i would like to see the daily candle closing above 1.0320! On the other hand, if price breaks below the trend line, we could see a nice rally all the way to 1.0200 ! That would be very interesting aswell! Now we wait! What you thik?? Let...

rodriguesths

So price managed to get even higher than we thought and now made a new touch on the down trend channel dated back to oct'18 ! This is my third entry on this pair this week, the first oe i managed to make some profit out of pure luck, as i was online before the spike up! The second, yesterday night and now we're back at it! I feeling confident aout this one, on...

rodriguesths Updated 

Price got hit hard and fell faster then when it went up last week! In my opinion that could mean that the bearish trend thats been going since Dec '18 could continue! Right now i'm looking for candle confirmation to enter long, if that doesn't happen and price keeps going down, i'll wait to see if price gets back inside the channel! A daily close below 0.6790...

rodriguesths Updated 

So price was very choppy over the US/Iran tensions and ended up going to 109.20 where it found the up-trend line resistance, already showing good signs for a SELL! Waiting for confirmation on candle closure. Whats your thoughts on this one?? Leave a coment!

rodriguesths Updated 

Price has touched the oct 18 down-trend channel and fell to 107.80 in two waves. So now my thoughts are that we could see a third wave down maybe to 107.00! Lets see! Any thoughts? Want to disscuss this analysis with me and more traders? join us on Telegram!! t.me/tradingbayfx

rodriguesths Updated 

Like EURUSD, this pair has also brokeout from its descending channel! So i'm looking for some buy positions, right now its testing this resistance and i'm already in! What you think ?? Any thoughts? let me know !