Short USDJPY at 88.6% FIB retracement Short USDJPY 111.10-20 SL 112.00 TP 108.00 ====== www.ForexPositive.com Twitter @ForexPositive ======
Confluence of 2 technical support signals at 0.7330-50. Looks like a strong level of for a bounce up. a) support/resistance zone at 0.7330-50 (as shown in green rectangle) b) bullish gartley 78.6% FIB completion around 0.7350 Long CADCHF 0.7330-50 SL 0.7250 TP 0.7750 ======== www.ForexPositive.com Twitter @ForexPositive ========
Short at red zone Short AUJPY 79.60-70 SL 80.50 TP1 77.50 TP2 75.00 ===== www.ForexPositive.com Twitter @ForexPositive =====
NZD/USD OUTLOOK. NU finally broke above the 0.68736 level giving us a nice break retest this week. Added a fib retracing to the 78.60% level. Will be watching closely on market open for a pull back to execute a long to D2 extension (61.00%) level witch also is confluent with historical resistance 0.72315. If we do not see a pullback and my trading plan is not...
Short at blue zone Short USDJPY 107.70-80 SL 109.00 TP 105.00 ===== www.ForexPositive.com Twitter @ForexPositive ====
Long at blue zone Long CADJPY 87.20-30 SL 86.00 TP1 90.00 TP2 93.00 ====== www.ForexPositive.com Twitter @ForexPositive ======
Long CADJPY at the blue zone Long CADJPY 83.50-60 SL 82.50 TP 87.50 ======= www.ForexPositive.com Twitter @ForexPositive ======
POTENTIAL BEARISH BAT PATTERN ON CADCHF Over all trend is a downtrend. I have a potential bat pattern on its way but there's a key level in the way.. Lets see how price reacts around the 76.0 Area..
For both elliott and fibonacci there is an opportunity till 125.23 point for buy position. Have a good trade!, AAForex www.adimadimforex.com
Short USDJPY at the mid-point of resistance zone Short USDJPY 110.90-00 SL 112.00 TP1 108.00 TP2 106.00
Short GBPNZD at resistance zone Short GBPNZD 2.0890-00 SL 2.1000 TP 2.0600 ==================== www.ForexPositive.com Twitter @ForexPositive ====================
Short at red resistance zone Short USDCAD 1.3640-60 SL above 1.3750 TP1 1.3500 TP2 1.3300 ===== www.ForexPositive.com Twitter @ForexPositive =====
A nice descending triangle with 7 touch points. My backtesting has shown me that often the oscillations get closer as the triangle gets closer to its apex, and we see here that this behaviour is very strong. The key here will be the open of next weeks trading, where we will see whether it will break above the descending line and ruin the triangle or if the market...
Possible resistance area in GBPUSD around 1.4060-80. Downtrend in GBPUSD is strong due to Brexit worries. Any rallies to be sold into. Short GBPUSD 1.4060-80 SL above 1.4150 TP 1.3800 ===== www.ForexPositive.com Twitter @ForexPositive =====
CD leg with a 1:1 ratio with the XA leg falls into the blue region shown on the graph (which is also a confluence of the 0.786 retracement and 1.272 extension, so will look for this as an entry point . Stop loss is based on previous structure support as shown by the horizontal red line. Not only is this a nice Gartely, but we also have the entrance point on...
Former support turned into resistance zone, tested about 5 times before breaking lower. If GBPCAD rallies to this red zone, look to short. Short GBPCAD 1.9870-80 SL 1.9950 TP1 1.9500 TP2 1.9300 ===== www.ForexPositive.com Twitter @ForexPositive =====