tigo2020

tigo2020

I am in Love with a Gold buy trades as shown in the chart

tigo2020

I think the USD is over-bought currently and I am expecting a move lower in the USD Index. This means I can take a basket trades - Long EUR/USD, GBPUSD, AUDUSD, NZDUSD, XAUUSD - Short USDCHF, USDJPY, USDCAD - Waiting for a break below the trendline - Stop Loss when price takes out 11077 on the index - Target - when price reaches the outer trendline or the 1.27...

tigo2020

I am anticipating a move to 1.115 in USDCAD H4 time frame The pair has been making lower highs and lower lows

tigo2020

Double Top ... break of trendline, currently in pullback. I am anticipating a move to 0.9800 or lower

tigo2020

Observations 1. Divergence between price and stochastic as seen on chart 2. Expecting price to rise to the 1.618 Fib extension @ 1358 3. 100EMA will probably come down to meet the 161.8 Fib extension 4. Entry discussed on the H4 time frame (basically on a break of 100EMA on H4) 5. Stop Loss in case of entry is below the lows

tigo2020

Observations 1. Price broke a long term up trend line on July 2nd 2014 and has since been dropping. 2. The 1.618 Fib extension for the latest down swing is around 1.3817 3. Hidden divergence is seen (Price made a lower high while stochastic made a higher high) 4. The 100EMA seems to be giving good resistance to price 5. Stochastic is in the over-bought area hence...

tigo2020

Observations 1. Price broke a long term down trend line on May 13th 2014 and has since been going higher. 2. Yearly Pivot is still unhit @ 0.8719 3. The 1.618 Fib extension for the latest up swing is around 0.8700 4. Hidden divergence is seen (Price made a higher low while stochastic made a lower low) Expectations - I expect price will move up in the coming days...

tigo2020

Shorting EURAUD on a break of blue trend line .. profit targets shown on the chart

tigo2020

Explanation in Chart

tigo2020

Expecting GBPAUD to retrace down to 1.8000 before moving back up again to 2.000 or higher. Weekly and Daily Time frames confirm that

tigo2020

Looking to Short AUD/CHF at 0.8668 area

tigo2020

NZD/USD is trading above the 50 & 100 SMA. I am expecting the price will move down to touch the 50SMA before heading back up. A stop sell order will be triggered at 0.8640 with TP1 @ 0.8612 (50% of position) - Moving SL to Break Even - Second Profit Target @ 0.8572 - SL after entry is triggered is above the range @ 0.8710

tigo2020

Apple 1H Chart is showing divergence and oversold condition (RSI above 70). If price starts to decline and breaks the uptrend line, I will go short until 598 as a first target and 593 as a second target. If the Trend Line is not broken and price does not make a lower low, Apple will make newer highs.

tigo2020

Price is approaching the 200 EMA on the daily time frame which coincides with a previous resistance level that may act as new support. & the 1.618 extension of the down move. I expect the price to keep pushing down to 1.467 area before rising up to 1.50 to meet the down trend line.