aparkon

aparkon

GBP's downtrend has started but we may see a small upward retracement. It is possible to retrace 1.224XX level and continue to trend downward. SL above the red trendline, the target is 78% fib level of the entire cycle(September resistance) This is low hanging fruit setup.

aparkon Updated 

The cable trading idea for this week. The cable is consolidated within range, will be ready to go north tomorrow or day after tomorrow.

aparkon

Short idea

aparkon

Trading idea for Ninja

aparkon

Possible GJ trading scenario. Short Entry: 132.4XX TP 1 : 130.700 TP 2 : 130.1XX Follow, Like, Share or Comment Thanks for supporting! May trend be with you,

aparkon

I still believe the overall trend is bullish, needed some pullback before penetration of double top formation. I am expecting UJ to go down .382 of fib level which also is support zone & bottom of uptrend line.

aparkon

Hi traders, EJ is holding a 61.8% fib level and it may continue uptrend from here. Possible profit target is point "D" of ABCD @higher supply zone.

aparkon

EUR is supported by previous resistance and we may see some retracement before it goes down. EUR is expected to be traded within the downtrend channel, TP is first supply zone @1.102xx

aparkon

Hello traders, I am expecting a strong dollar this week. We may see DXY hitting 100 level pretty soon. Also, the chart is making a perfect cup and handle bullish pattern. 1st TP @ 109.18X level 2nd TP @ 109.7XX level

aparkon

Hi traders, The cable has reached great sell area NOW. It's possibly creating a head and shoulder bearish pattern. Sell now, SL above supply zone, TP 1 and TP2 both are 100+pip opp. GL traders. May trend be with you.

aparkon

I would expect EJ would rebound at demand zone if I am not expecting USD/JPY & EUR/USD sell-off I am expecting UJ/EUR would go south next week so as EJ. EJ has violated uptrend line and it will most likely go back to 118.9XX area then go down.

aparkon

Yen will likely go down further to last resistance @106.94X level. Great short opp. open order @107.7XX area. TP @ 106.9XX

aparkon Updated 

Possible inverse head and shoulder pattern is discovered. Wait until it breaks out from downtrend line and buy it @ pull back. 100+ pip opportunity.

aparkon

We may see Euro sell-off next week. The current level is great sell area for EUR, place stop loss above the supply zone. Low-Risk high Reward opportunity.

aparkon

Hi traders, GBP has been bullish recently and now it may be got gas to go to the moon. The cup and handle pattern is a bullish pattern that you can see better in lower timeframe. We have a US Fed meeting and GBP rate decision on WED and THU so we may see clearer direction for GBP by the end of this week. Good luck traders. May trend be with you,

aparkon

Hi traders, EUR is trading within the range creating a triangle pattern. I believe the support zone will act as strong resistance making this a bearish sign. Clearer direction will be seen after FED meeting tomorrow, so stay tuned.

aparkon Updated 

EUR/JPY finally broken downtrend channel that's started from March this year, credit to ECB rate cut. We may possibly see some retracement from the support zone waiting for @120.07X area. 80+ pips sell opp.

aparkon

A possible scenario for the Cable trade for weeks to come. I believe recent retracement is dead cat bounce / corrective wave before October Brexit like FED raised rates after 2008 to only lower further. I am expecting the Cable to reach point "C" of Elliott Corrective wave / 50% of FIb, from high of this year. I believe run to point "A" is now completed, We may...