Price has dipped under the 61.8 ratio level and there may be some possible volatile noise and consolidation at this level, however a retest is very much possible. Watching this level to determine an opportunity of a short to 88.6 level. NOTE: This is only an idea and not to be taken as trading advice of any kind. Trade at your own risk...
Price has reacted to the 61.8 ratio level with consolidation and bearish flag formation. Looking for a rejection at 61.8 level for an opportunity to short to 38.2 level. NOTE: This is only an idea and not to be taken as trading advice of any kind. Trade at your own risk...
Price has reached my zone for a short entry. On the 1hr, small consolidation has created a bearish flag for potential downward continuation. Just above 3.0 for risk/reward ratio..Approximately 130+ pips NOTE: This is only an idea and not to be taken as trading advice of any kind. Trade at your own risk...
Looking for a higher high for a long entry of approximately 130+ pips. Trade not valid unless higher high is created. NOTE: This is only an idea and not to be taken as trading advice of any kind. Trade at your own risk...
Will price create a lower low in coming days? I am looking for a short opportunity if price permits. Target of approximately 250 pips displayed. NOTE: This is only an idea and not to be taken as trading advice of any kind. Trade at your own risk...
Looking for price to climb above 61.8 ratio for a buy entry. Risk/reward ratio just shy of 2.60...Target displayed at 1.09466, estimated around 180 pips.
Price looks primed to push up to complete a retrace in a bullish landscape. Looking for price to break 38.2 ratio before entry is made. Anticipating a higher high when entry takes place. Target at 1.82666
FOMC left the rates unchanged and appears the dollar has lost steam.. Looking for a lower low for a short opportunity with a good risk/reward of around 3.05... Target displayed on chart. Lower low must be present before short entry is made.
Price has fallen within my sweet spot as a target for a potential short entry. If price break below the support zone, the short entry has a target with level displayed at the bottom. Risk/Reward is around 2.6..
From what I am seeing, CAD appears on the weaker side for coming weeks. Aussie is showing muscle and pushed up to significant resistance zones on the daily time frame. Here on the 4hr, we can see price has found support below and was rejected but there is a good chance price may find support again for another push up to my target above. Will wait for resistance...
The Kiwi has been on a selloff or rallies as of late; check Nzd/Usd. Looking for price to break support level displayed at 87.094 to enter a short entry. Risk/Reward is around 2:60... Support level must break before entry is taken. Potentially 200+ pips.
Pound appears to be recovering from a decline with the bears with the UK struggling with their inflation. However, there are some rate increases showing good possibility in the future which may lead to further pumps with their Central Banks Hawkish stance. I will be looking for a higher high opportunity to take advantage of a buy opportunity which may present...
FOMC left USD with some mixed reviews, although there was better than expected payroll increases for employment, wages still seem to be an issue. Appears to be an opportunity approaching for a brief short to the support level displayed. Once support level is broken, I will be seeking a short entry. Price alert placed at 0.90745 level. Good possibility for...
Aussie received some important news from their Central Bank recently which was a pause for their rate. I am expecting a softer Aussie Dollar in coming days for a short opportunity. Support must be broken which will provide an opportunity for a short entry. This week may present that opportunity. Alert placed for price at 0.57787
Price has pushed up through a strong daily resistance and appears to be preparing to pull back in this area. I am looking for a higher high for a long position to the target illustrated up top. The recent news from CAD oil is also to thank for the CAD strength which supports a stronger bias to the CAD fundamentally.
Price broke a heavy resistance level which price touched 4 times before rising above per 4hr. My idea is supported by minimal resistance when looking to the left above this level, as well as the DXY muscle which is evident. If all goes well, price will rise until we reach the non-farm Friday (1st Friday) of October, making this idea a potential Double-Top for UsdJpy.
With DXY strength present, this supports my short bias for Gold. Daily and 4hr time frames have price in bearish landscapes. I am using the 4hr for entry. My overall target is illustrated below but there is a chance that price will push down further. The previous lower lows have been pushing further and I am thinking the next will react to the support (target)...
Pound has crossed into bearish territory via the daily timeframe and remains in a bearish landscape via monthly time frame. Looking for an entry on the 4hr time frame. Anticipated price target is listed below on the chart.