USDCAD Same Targets.

EURUSD

Good post. My opinion is that knowing the trends is indeed important and so is direction. Direction overrules trend.

EURUSD

EURUSD Technical: Daily positive divergence and the possibility for a butterfly sell around 1.37 are the only things catching my attention at the moment as long the previous low on 4 hour chart holds. Fundamental: As I said before I’m still viewing ...

EURUSD

There is still room to upside, but we are in the area of Yearly R1 and touched 50% Monthly chart from 2007+ Weekly R3. I am waiting for a signal to sell.

EURUSD

Not an easy one. On Monthly price touched 0.35 Ret which is no fib number+ yearly Pivot, on weekly we have touched the .786 Ret before this move, in normal conditions prices will often move from here to 1.27 Ext at least, but in forex the prices ...

EURUSD

Good targets. I have got 50% Ret + Monthly S3 at 0.9070 assuming we will have a follow through and taking to account this reversal is happening in the beginning of the month.

EURUSD

Very clear positive divergence 4 hour chart + weekly S1 + .864 Ret which is exactly the same retracement we had in the last swing if you look carefully.

EURUSD

EURUSD Price has bounced down from 38.2 Resistance on Daily chart, however I still have a bullish bias. Why situation is not clear? Price moved down from 1.27 extension at 1.40 and stopped at 38.2 (1.35) Weekly chart. This in itself is a bullish ...

EURUSD

GOLD I am moving all stops to BE. Looks like price is eyeing the Monthly pivot but move is very slow which could indicate weakness of the move.

EURUSD

AUDUSD This could become a weekly reversal if this week' candle finishes around these levels. Price is below Weekly S1 and should continue down. 170 pippers should at least put a smile on your face.

EURUSD

USDCAD Scalp worked pretty well but we don't have Daily reversal at least as yet, price remains above the 61.8 Ret Weekly and above weekly S1, so it could still happen.

EURUSD

USDCAD We had a bullish engulfing on 1 hour chart that confirms this setup technically speaking. Now I am looking whether the Daily candle will become a bullish engulfing itself. This trade is a scalp but can become a major reversal, all we need now ...

EURUSD

USDCAD We might have a long scalp opportunity coming as price reached 61.8 Weekly Retracement and is currently sitting at Weekly support 1, all we need now is a candlestick pattern on the 1 hour. When this move is finished we can join the downside ...

EURUSD

AUDUSD If you have taken short position (s) you can close some as we have reach 61.8 on 1 hour chart and leave the rest to BE.

EURUSD

[quote=janpec1000;7574355] Why battle the trend? AUDCHF just closed above resistance on H1, there will be more upside in coming days those are rather very rangerous shorts unless your SL is tight.[/quote This is a major Fib confluence of higher time ...

EURUSD

AUDUSD Next 10-20pips area for a sell. Reason: .786 Retrace weekly + 1.618 Extension Daily+Monthly R1

EURUSD

Invalidated because price has taken out the previous high on daily chart and that is one of the conditions for butterflies, the second high or low depending on Buy or Sell Bfly can't be above or below the first.

EURUSD

GOLD Price has (almost) hit our upper target and now turns down for retracement, 61.8 ret was completed from last swing on weekly chart and this is very important area if we are to resume downtrend, at the same time price has gone back into the ...

EURUSD

EURUSD Price has hit our targets and exceeded, now price has taken out the specified level and invalidated the possibility for Butterfly buy at 1.3474, this is 38.2 Ret on Daily chart therefore I am not shorting it yet without any reversal pattern ...

EURUSD

Price has reacted to the .786 Ret Daily, there is positive divergence on Daily chart as well, so no reason to close long positions yet.

EURUSD