davistradingforex

davistradingforex

Fibs

davistradingforex

Looks like 5 intermediate waves have completed and we are sitting at some support. Daily is also sitting at trend-line support and I am expecting a small pullback to stay within the wedge. This is a hedge trade as the daily chart target is bearish fib extension levels of the current momentum. Until there is a daily close below or above the wedge we are still in...

davistradingforex

Looking to play the range and pullback to wedge support. Daily close was above the wedge so this trade is a hedge on the possible swing. If it plays out, targets are fib extension levels. Membership signal blog and Ebooks: www.GratefulChartArtist.com

davistradingforex

Targeting fib extension levels and a continuation of this weeks bearish momentum. Price action currently in wedge and looking for a daily close below trend-line and wedge next week to verify. Scalping the hedge long within the wedge and early next week we should see the direction if we get a confirmation of a daily close below or above the defined...

davistradingforex

Daily close above trend-line and wedge. Targeting fib extension levels after a possible small pullback. Looking for better entries early next week and scalping the hedge short. Membership signal blog and Ebooks: www.GratefulChartArtist.com

davistradingforex

Countertrend pullback into daily and weekly support. Looks like the bullish impulse wave is over-extended and I am expecting a short term swing to the downside before it continues much higher. -Solid black lines are weekly levels support/resistance (major) -Dotted black lines are daily levels support/resistance (minor) Membership signal blog and Ebooks:...

davistradingforex

Looking at a short pullback into weekly support and retest of trendline breakout zone. The NZD bullish impulse wave has been pretty extended and was strong enough to break through the weekly trendline to the upside but I don't think it can continue much farther without a slight pullback. I have a bullish bias long term on this pair but I would like to see it...

davistradingforex

Sitting at weekly support. Looking at a possible Fibonacci pulback and breakout if price closes above daily trendline. I think the NZD needs to take a breath after a few weeks of strength giving the pound a chance to take over for a little while. Because of the bearish momentum, Stop is set tight and if the weekly level doesn't hold I am expecting a deep fallout...

davistradingforex

It looks like price is retesting September/October topside range and bottomside trendline resistance. It also has been an extended rally so a short term bearish pullback is a possible scenario to watch for. Stop is set above the past range and tp is set at weekly support level. Possible tp 1 is not shown but should be at the bottom of the Sep/Oct range where I...

davistradingforex

Looking short back into the range and down to daily support levels. I am a little worried about the recent break of the weekly trendline to the upside and the break above weekly resistance levels. But the pair has been range bound for the last few months with the 20 period moving average still sitting pretty low and I think a pullback down into the range is less...

davistradingforex

Wedging to the tip, looking for a breakout to the upside into weekly resistance. The Aussie might need to take a breath for a few days after the recent change in momentum giving the Pound a chance to rally. Of all the Aussie crosses the Pound has not given up much, so this tells me it is pretty strong. With the fundamentals of both currencies favoring the bulls I...

davistradingforex

Counter trend pullback into weekly support level. Aussie has a recent bullish bias but I am looking at a short term swing before continuing up. -Solid black lines are weekly levels support/resistance (major) -Dotted black lines are daily levels support/resistance (minor) Membership signal blog and Ebooks: www.GratefulChartArtist.com

davistradingforex

Double pinbar chopsticks candle pattern. Fibonacci pullback .618 confluence with daily support level. -Solid black lines are weekly levels support/resistance (major) -Dotted black lines are daily levels support/resistance (minor) Membership signal blog and Ebooks: www.GratefulChartArtist.com

davistradingforex

Sitting at weekly support. Looking for a pullback into the weekly bullish trendline break zone and testing of the current daily bearish trendline. Possible falling so keeping the stop tight. If the weekly support level breaks, then next major support is a long way down. Counter trend pullback short term swing. -Solid black lines are weekly levels...

davistradingforex

Counter trend pullback into weekly resistance level turned new support @ weekly trendline break zone. Australian dollar is bullish bias after breaking weekly trendline. Daily Chart Short term swing back into support levels, then expecting Aussie to continue its new bullish trend. -Solid black lines are weekly levels support/resistance (major) -Dotted black lines...

davistradingforex Updated 

Shorting Down to Point C of forming Gartley

davistradingforex

.786 Gartley Point "C" entry and hold to .786 Gartley point "D". Target 1 around .618 target 2 around .786 . stop under "A" previous Low

davistradingforex Updated 

Trade the pullback