ARE WE IN THE KILL ZONE?! IT HAS BEEN STRUGLLING TO GO UP OR DOWN FOR THE LAST TWO WEEKS, MAYBE THE SUPPORT IS TO SOLID
WTI STRUGGLED TO GO LOWER YESTERDAY, AND IT BOUNCED OFF THE TRENDLINE AND CLOSED AT THE OPENING PRICE. HOPEFULLY WE WILL SEE FURTHER UPSIDE AND REACH RESISTANCE LEVEL BEFORE GOING TO THE NEXT DIRECTION
SHORT AS GBPCHF GOT PUSHED BACK AFTER REACHING THE RESISTANCE AT 1.345-1.35 LEVEL
AUDCAD HAS ENTERED INTO A SIGNIFICANT LEVEL AT 0.995-1.000, WE WILL NEED A COUPLE OF DAYS TO SEE WHICH DIRECTION IT WILL BE GOING. IF WE SEE A BOUNCE, WE WILL EXPECT AUDCAD TO GO HIGHER TOWARDS 1.032 IF WE SEE A BREAK BELOW, WE WILL SEE AUD TO GO DOWN TOWARDS 0.97
AS TITLE, THE PREVIOUS RESISTANCE LEVEL 1.29 HAS BEEN BROKEN AND USACAD IS TRADING ABOVE THIS LEVEL FOR THE LAST 4 DAYS. HOPEFULLY THIS CLASSIC BREAKOUT PATTERN WILL CONTINUE
LEVEL TO WATCH = 0.718 - 0.72 TARGET 0.727 TARGET 0.729
CHFJPY STRUGGLES TO HOLD ITS SUPPORT AT 112.5 AND NOW TRADING AT 112.143
USDCHF LONG , SL BELOW 0.94
As seen on the chart, it has broken the trendline lets target the golden ratio
CRITICAL ZONE AT 0.875 - .087 EURGBP HAS BEEN TRADING 87-895 LEVEL SINCE MID LAST YEAR LETS BE PATIENT AND WAIT FOR THE TRADE TO COME TO YOU
TRENDLINE MEETS SUPPORT
2018 SUPPORT AREA = 1300 - 1311 ORDER SET AT 1311 AND SL 1299 1TP 1330 2TP1340
AS TITLE, IN THE LAST SIX MONTHS, EURGBP HAS BEEN BOUNCING BETWEEN THIS RANGE, LETS SHORT THIS
LETS SEE IF WE WILL REVISIT THE 1.216-1.22 LEVEL
AS WE ARE ENTERING INTO THE SUPPORT ZONE AGAIN, LETS SET TWO ORDERS AND TRADE THE RANGE.
IF we could break the trend line, 1.4 is the first target, if we can break 1.4, 1.42 will be next. Otherwise if we see the monthly support 1.375 being broken through, we will see 1.33 the next target. Lets see how it turns out