Waiting until AUDCAD comes up a little bit more or creates a sell confirmation. TP1: .94300 TP2: .93500 TP3: .92200 SL: .95300
I sold NZDCAD at .89300 TP1: .89000 TP2: .88000 TP3: .8700
Potential H&S located on the H4 chart of EURGBP Looking for a sell candle to develop at the neckline Shorting to next support level around .88495
Price is currently retesting the neckline of GBPCHF. Looking to buy TP around 1.2000 or slightly above SL: 1.18100
I am just looking for the market to continue to the upside to hit my TP 4 area. Of Course you could scalp moves throughout the week, but looking for Gold to attempt to make a new High
I will be looking for EURAUD to continue moving to the downside this week. Depending on your outlook, we are currently at a LH or HL. TPs are placed at the fib levels for my sell. TP 1: 1.62256 TP 2: 1.61462 TP 3: 1.60775 TP 4: 1.60137
Looking for US 30 to continue to head south. This past week it created a nice LH and I am looking for it to either consolidate a bit more as it is on a major support and resistance area if you're backtesting. Look for it to head down around the 2200/2100 area
Looking for the overall sell I am looking to see how price reacts to my trend line. If it breaks above, it will go to the upper support level. From there I will sell it down. If price rejects at my trend line, I will also look to sell. Waiting to see how the market reacts open opening Sunday.
Overall we have a major downtrend based off the higher timeframes (Weekly/Daily) The price has broke below the trend line, so we should see a continuation to the down side. Price should reach TP 1: 24638.6 We may see a rejection back up to the entry level, but as long as price continues breaking below it should reach TP 4: 22281.5
I am looking for AUDUSD to start heading down. Please keep in mind this is a slower moving pair, so it could consolidate back up to entry before making its final move down. You can either enter a sell now or wait until the 61.8 retracement level. TPs at fib levels
Still riding out this trade from last week. The trade hit my TP1 area and has consolidated back down for a nice HL entry. If you are placing a new trade on this, my TPs remain the same. TP 1: 1.36634 TP 2: 1.37843 TP 3: 1.38888 TP 4: 1.39860
Overall GBPUSD is still a down trend. The pair has broke out of the bottom trend line on the 4HR timeframe. Pair should stay below the trend line. TP is at the next major support level 1.21673
EURUSD should be continuing down to the trendline. Should be a 30 pip drop. From there we will look to see if it breaks below the trendline or stays above. If it breaks below, the pair should drop a couple hundred pips If it stays above, we will see it consolidate back up to the top of the head and shoulders
Gold us currently in a consolidation area. The move is still an overall uptrend. Due to the pair losing steam, it will more than likely need to move down to gain momentum for the real move up. Video explains more detail For more trade ideas follow @dkellerwoods on instagram.
Looking for NZDUSD to continue moving to the downside this week. We could see it consolidate back up during retail trading hours, but overall the move should be down TP 1: PRICE CURRENTLY SITTING AT TP 2: .63391 TP 3: .62958 TP 4: .62556
Looking to short CADCHF as long as the pair stays below it's current price. I will see how the market reacts upon opening. If sell is still valid, looking for a TP of .68105
Looking to short NZDCHF We have a head and shoulders retest on the larger timeframes. SL above .61800 TPs at fib levels Final TP at .59800
If price stays above the trendline we will look to buy. TP 1: 26043 TP 2: 26159 TP 3: 26510 TP 4: 27358 If price breaks below the trendline, we will continue to look for sells. TP 1: 25109 TP 2: 24654 TP 3: 24187 TP 4: 23750