


In proximity of the -0.27 of the previous downward impulse on the 4hr timeframe, and the 0.38 extension of the A wave of this big corrective structure (check out our daily timeframe chart, down below), the EURGBP seems to be ripe for the big down move (C wave), which will take us in the 0.8055 territory. Don't miss this trade. In detail, OANDA:EURGBP has formed...
German Index broke correction structure (ABC) on the 4hr time frame, so it's a good opportunity to go short. Stop Loss above said correction and first target on the trend line of the daily time frame, down below. Then watch it if it breaks the daily trend line, with stop in BE, for a possible movement back to 8500 area. Great R/R. Trade with care and only with a...
OANDA:NZDUSD is looking downside, from now on. It is likely going to re test the upper trend line of the previous channel, first, and possibly continue the downside movement to retest the previous low on the daily timeframe, in what could be a bigger flat correction for more upside. As it stands now, we are looking to short this pair on the completion of this...
OANDA:NZDJPY abruptly broke the daily trend line. The movement happened very quickly so as we saw the small 60min flag after the break we entered our short positions manually last Monday, but did not make it in time for publication. Our blame. Anyways, it went pretty fast, however, if you aren't yet in the sell, there will presumably be a bigger consolidation to...
OANDA:EURGBP cannot squeeze anymore than this! The pair just cannot crawl it's way up much longer. We wait for a first impulse to the downside any moment, now. A good strategy might be to put in a stop sell entry order lower than the previous low on the 15min timeframe and move the order a little higher as you move along. Stop loss above previous high on the 1hr...
Watch for the break on the 60min timeframe, for a short opportunity. Stop loss above correction and first target on the lower trend line of the 4hr timeframe, then follow for another potential break. Refer to our other analysis on the daily timeframe for the bigger picture: Trade with care and only with a backtested strategy that works for your trading style....
The bigger picture has not changed, for OANDA:EURGBP : we are still expecting a big down move to complete the daily pattern, with a target in the 0.8055 area. As of today, we will be looking for sell opportunities. Updates will follow on smaller time frames. Trade with care and only with a backtested strategy that works for your trading style. Please don’t...
OANDA:EURGBP is breaking a minor (60min) timeframe trend line, so this could be a good short opportunity for who isn't yet in the sell. Wait for the break to complete itself with a small impulse to the downside, allow for a small 60min upside flag/correction of said impulse, and sell the break of the flag/correction, with a stop loss above the same correction...
As per our previous analyses: EURGBP is ready for a nice short opportunity. As stated multiple times, the medium term structure on the daily timeframe indicates that the price is going to test the 0.8054 area to complete said structure. As of Friday's market closing, the price was breaking out of a small 60min upside trend, making an ideal opportunity to...
Correction seems to be over for GBPCHF, finally. We are looking for short opportunities. Watch the break of the ending diagonal-like pattern on the 60min chart (chart will follow immediately as update). We are looking into selling the break of said diagonal. Stop above previous high. Medium term target in the 1.0353 area (could move pretty impulsively). If you...
Yesterday's impulsive move to the upside could have come to and end right quick as of today (unless it is going to expand to the 0.27 in what is called an irregular expanding flat), and correction seems to be over. We have taken short positions at the top ("C" point, regular flat), with a flexible stop loss. Potential of this trade is huge. If you expand and...
Also OANDA:EURJPY , later on today gave us a short opportunity on the break of the trend. If you aren't in the sell from the top, wait for this impulse to complete itself, for a small flag/correction to complete itself, and sell the break of said correction. Stop loss below above said correction, and watch the pair when it comes to the lower trend line in the...
Correction seems to be finished - also a smaller 15min timeframe correction within the bigger correction. We are in the buy already, but who isn't can look for buy opportunities from now on. Trade with care and only with a backtested strategy that works for your trading style. Please don’t forget to follow us, if you feel that our analyses and views may be a...
As OANDA:GBPCHF is making another impulsive upside move, at the moment, we are thinking that the pair is within a deeper ABC correction in a running flat for more downside. Potential of this trade is huge. If you expand and explore the chart in the weekly and daily timeframes, you will have an idea of where potential targets we are aiming at are. We have closed...
Two possible scenarios we are looking at, at the moment, for OANDA:EURJPY : 1. EURJPY is forming a continuation flat pattern for more upside. 2. A small impulse to the downside has already happened, followed by a correction, and more downside is coming with a possible break of the lower trend line on the 4hr timeframe, and retest of the 117 area. Either way,...
For those who aren't yet in the trade from the very top, another short opportunity is coming along. Fortunately, we still have part of our positions open from the very top break, but other positions were closed in break even on last week's impulsive retracement of the euro pairs. We have corrected our chart on last week's movements, and we still firmly believe...
For those who aren't yet in the trade: , there is a nice short opportunity coming up now. The pair is forming a flag, consolidating the first downward impulse and confirming it's intentions for the downside. Stop above flag structure. As for our targets, we would like to aim for the 0.27 of previous movement, in the 1.44063 area, but due to previous structure...
EURNZD seems to be breaking the triangle to the downside. If it breaks fully, there is a potential short opportunity with target in the 1.535 area (although price could go and retest the bottom trend line on the daily timeframe all the way to the 1.50 area. For a more conservative approach, wait for the impulse to end, wait for a correction, and sell the break of...