I'm still holding CHFJPY. I will not be moving stops to breakeven until it has made a lower low.
My bias still holds with regard to AUDUSD going bullish. It is still within credentials. I now wait to see how the market settles after NFP.
The market broke out of a consolidation (yet choppy) market but is currently retracing after making a double top. I will be looking to see if we get a 61.8 pullback before a probable short.
This may be the time where gold takes a pause from "dropping it like it's' hot". We have seen a higher low. Let's see if we get a higher high. I like the pullback at the 1200.
Gold has been free falling for quite some time. Let's see if we get a pullback at this weekly zone.
This baby has been on my radar for quite some time! Market is now to the top of this channel hitting it for the 3rd time at a strong zone. I will now be looking for a bearish rally to the bottom of the channel to next zone. My overall bias is bullish for Aussie, however the bottom of this channel should give us a sniper entry for the rise. Let's see if it's...
Ranging Market. Possible buy @ 112.404 at lows of consolidation box. Wait for confirmation.
CAD news was positive this morning (21st December 2017) bringing the market back up to previous structure. I'm of the view that this pattern will complete the right shoulder which was identified on the monthly as well as daily timeframes. Let's watch this dance. This will be a swing trade once the market shows confirmation of the turn.
Let's see if this Bat completion will give us a nice bearish swing trade!
I have been looking at this pair for some months now. At first I mistakenly thought it had broken out of the consolidation box and was ready to trade up. But upon further analysis it came back in the zone. I will be looking for a reentry to this gravy train. If it continues we will ride it for some weeks. Happy Friday!
This pair seems to be in a large consolidating box for some time. If it respects the trendline it's approaching we can look forward to some nice pips catching. Let's see what it does. Happy Trading!
To those who stayed in this trade! Congratulations!!! TP 3 was just hit! This impulse is now getting exhausted and I will be looking for shorting opportunities. Happy Trading.
Are you still in this trade? Despite the fluctuations after the elections it's proceeding down nicely. Let's see if it will bear some sweet fruit. RB
Did you get into the markets yesterday? This analysis is holding. The election results from the UK's election helped solidify my thoughts on this. Let's see how it will continue into the new week. Today is Friday. Time to wind down! Have a great weekend! RB
This turned out to be an awesome swing trade and is still rocking. Did you take the Trade? If you are still in solidify partial profits and move stop-loss into profits. UK elections tomorrow! Who knows what will happen. Play safe all!
If the resistance area holds by the end of the day and the the next candle opens below I am looking at a possible sell. However, because of the elections on the 08th I don't particularly like the idea of messing with english pairs. Let's watch and see.
The analysis proved correct! Did you take the Trade? Comment if you did. Still looking to get in? The move is already made but I will keep a lookout for a possible re-entry. Happy trading guys!