Waiting for a better price to go long.
Monthly Bullish , struggling to restore bullishness. Supported on 0.91600 Daily, clear CPB Long setup. RE_bear signal to go
Trend up Monthly RE_bear/3DVR failure. Long hold till 16/17
GBPUSD_Daily: Looking To Buy Pound Lower preferably in the grey zone. I shall update w/ entries and stops, aiming for just 2R. GBPUSD_Weekly: Buy Pound in PBZ. Price is targeting CMLH, 1.4740, I think.
EURGBP_Weekly: CPB Long Setup Entry & stops on chart. I'm targeting a simple 2R
CRUDE OIL_Daily: Possible SP Setup . I'm waiting on other conditions to be met. I shall update on this publication--. my entry and stops. WEEKLY is in uptrend so I feel comfortable about this.
I hold short on daily. Entries & stops on chart. I'm risking about 70pips, and targeting 140 pips. I'm never interfering with this trade. I either get taken out on SL or TP, as I have taken time to consider my options. I am prepared for the loss dollars, should it happen. Read my Daily and weekly views below AUDNZD_daily: 1. Well organised downtrend. 2. SP ...
January ending was a good buy. April ending still a good buy if price doesn't reach 85.21 by month end. My stops and targets are on chart. Price may go higher, but I'm targeting just twice my risk. I shall update by April ending also.
DAILY: Complex Pullback to a well organised downtrend. My approach is to look for a simple reward, twice the risk, and then wait for another setup or signal. WEEKLY: The established trend was to the upside, but technically now, I see a possible loss of buying pressure. I think that he probability favours a downtrend going forward. I shall look for valid...
If this micro-bull trend should continue, then last week's drop should be a signal to lift pound off from here. ( I mean good buying Friday's close, Aggressively so). Heavy drop but doesn't matter if trend is really up The conservative would wait for the 3DVR for last week's RE_bear . So that, if we fail to reach 1.2698, three weeks from now, then buy w/ stop...
Bid @ level breakout. Confluence w/ ATR low of day, and PBZ. and erstwhile Critical Major Lower High ATR low of day and high of day, yellow line (below) & above respectively. @moorekapital
Gold rises into PSZ----. Risky short though.
Trading below C shifted the argument to the bears side, making current up leg a mere pullback begging for short, but Daily and weekly still bullish. = Still a risky short to me.
A double top failed, now I anticipate a possible Higher High following Box BO North. Point 3 Failure @ 91.51 Solid breakdown and close below box could mean further shorts Alternatively, break up and acceptance beyond the Critical Major Lower High could launch the uptrend.
Shorting in PSZ Targeting 1.20750 Measured move below
USDCHF___very clean level to toy w/. Also a major critical lower high I'll wait for BO bar. This stuff can fail ^_^
If an ABC correction fails to continue the prevailing trend, it becomes a trend reversal, and a new trend in the opposite direction begins___ @moorekapital Im shorting a good BO bar south box. Initial stop is about 80pips but shall be updated upon trigger. Targeting bout 200pips