Gazzawins

Gazzawins

if you believe that we are in for a hard landing as I do, then this trade makes sense in so much that during the potential upcoming risk off in the next 6mths, everything (including gold) will get sold... and EUR being more of a funding ccy these days could be bid back as CHF gets sold off in sympathy with Gold? we may not see bottom of this channel again soon but...

Gazzawins

nice r/r going long at the lower trendline or you could wait for the breakout of the upper trendline of that wedge pattern.

Gazzawins

looks like bear flagging on the 4hr... on the weekly chart there is a bullish wedge. waiting for price to get around that 0.83750 ish level before looking at longs...

Gazzawins

Bull Flag Pattern forming nicely after the pair bounced off bottom of the Lager Flag pattern on the daily/weekly charts.

Gazzawins

Anyone else watching this pattern develop with interest ? Does it still count as valid bull flag as been going on for a bit especially on the daily chart.. thinking trying to buy some at the lows of the pattern here with stops below the pattern for aggressive entry… add more on break of upper band if we get there?

Gazzawins

Watching for break of this broadening triangle. 82 the target on downside break.

Gazzawins

Ok, i need to stop posting NZDCAD ideas lol... tho the last one looking good and am holding long there on break of expanding wedge that developed on the 4hr into channel resistance leading me to think we could be finally about to break this bear channel to upside? retail positioning supports also. anyway this weekly chart clearly shows the bull flag and a...

Gazzawins Updated 

Most people bullish the pair it seems but I happen to agree with linofx1’s analysis on the 240hr tf that the paid has ran into resistance. Watching this broadening wedge pattern on the 15min which also has net divergence building on RSI…. Break to the downside on the wedge takes me short for run down to recent lows on the higher tf’s.

Gazzawins

Cant seem to take my eyes off the pair lol... is this setting up to be a big breakout to upside on daily chart - have been trading around this pattern and for a moment yesterday looked like we may have been in for another re-vist to lower band... anyway on the 4hr we are still in expanding triangle... per my orig thesis, a break to upside of that could be THE...

Gazzawins

Nice breakout on the pair - positioning extreme retail short. looking for move to top of channel.

Gazzawins

ok, so was neutral (with slight bias to long - pending breakout) on last post as we saw massive flipping of retail positioning into this resistance... however, that has all unwound again and i think we could be about to get direction now.. this looks to be the pattern.. as said before i was looking for a breakout either way but this now looks to be a more...

Gazzawins

Price looked to be breaking through support then potentially re-testing for a further drop down - am neutral atm, however watching this expanding pattern unfold for direction. retail were VERY LONG the pair at one point up until this morning when they flipped net Short (like 70% according to my source)... so upside 'could' be coming there is a BIG bull flag...

Gazzawins

Price still making lower lows overnight. Happy to hold and move stops down. Targeting kiss of that support in red on chart.

Gazzawins

Keenly watching this. Would not surprise to see this trade down to lower part of this channel before break to downside

Gazzawins Updated 

Nice clean bull flag still in play and price at bottom of range. go long here and hold for move back up to ath around $147 poss $150 could be on the cards. once mid terms out the way and the US have to buy back the oil it took form its reserves, this will fly imo! i will stop out on a weekly close below this flag pattern which negates the setup. so amazing risk...

Gazzawins

time to re-load the EURGBP long into this trendline for re-visit to recent highs? stops on breakdown below this up trendline/support zone marked in yellow. target 0.894

Gazzawins

Big key day reversal candle on the daily which could also count as spinning top? bollinger bands at extreme, RSI o/s with bear divergence. price seems to be retreating back into channel on the monthly. BOJ stepping in to support the Yen for first time since 1998. looking for a move back to 120 area. close on weekly close above yesterdays high.

Gazzawins

double top on the weekly/monthly charts. this looks to be a pullback into the downtrend. sell if price can get to that 50% retracement and price makes a lower low from there, for back down to 1.20