martin7

martin7 Updated 

Short GOLD, great risk-reward and the price is at a a very strong level of resistance. Risk 1% reward 4%. Trade safe traders. Regards. Btw my last GBPUSD post did worked but didn´t reached target, took off at 50 pip gain!

martin7

Gold is in a key level. Let´s see if it break or retest trendlines Trade safe Regards!

martin7

So my last short view on GBPUSD was wrong. We didn´t break the trndline to the downside and in exchange we broke the trendline that was going to the upside. Took a 1% loss. But now that we have a clear break to the upside, now I see the ABC legs and I expect the D leg to be reached in the weekly trendline which is also the -.27 fib. Let´s see what happens....

martin7 Updated 

No signs of bulls coming, and the downtrend is valid. I´ll put my stop in last high in case it break the downtrendline while Is sleep LOL

martin7

AUDUSD has developed a triangle formation, that can break to either side. But I would bet it would break to the downside due to the strong bear trend the pair is, and also for last week shooting star candle close.

martin7

USDJPY retested the daily trendline and was rejected, now with the downtrend continuation, I expect it to break to the downside, down to 110. If im wrong, ill be stopped in the last high made in the downtrendline. Price hasnt break so it still has a risk of not breaking. But risk is low and reward is gigantic! Trade safe with good risk management! Great...

martin7

The pair closed inside the trendline in the weekly timeframe, I draw the 4hr channel and will be waiting for channel to be broken in order to be back long! :) Trade safe, regards!

martin7

Entered a little late, but the triangle formation was broken to the downside. Let´s see if we can get targe 1

martin7

Broken trendline and retest. Also we have the stronger JPy which is about to break to the downside in the USDJPY pair.

martin7

Bullish: breaks to the upside to the weekly trendline and we wait for the trendline retest to buy Bearish: Breaks the inner trendline of the channel and test the lower trendline of the channel

martin7

Going to try to entry the break.out in the retest of the last support. Let´s see if the buy limit get´s trigered.

martin7

The pair has tested several times the previous daily resistance and now we have a retest of the broken trendline. I expect a breakout to the downside, let´s see how the trade works. Risking 1% of my A.V.

martin7

Pulled the trigger on that short set-up 1% risked on a 4% return on capital!

martin7

Approaching a decision-makind trendline testing.

martin7

After the inner trendline break we´ll had a retest of the outer trendline and if break we´ll see a retest of an even outter trendline, arrows are self-explanatory

martin7

We have a bullish hammer in the trendline, so far it looks bullish as lon as we stay above the inner trendline, otherwise we´ll see the retest of the lower trendline of the channel.

martin7

Looking for price to see if it bounes from the daily upper trendline to higher highs. If broken we can see a retest of the downtrend in the 0.618 retracement.

martin7

I see bearish bias on this pair, let´s see if we hit the first targe which is 1.5000