PegasusPetar
Possible Shark in H1 temporality
Here we see in USDCAD what is a Shark pattern in formation, projecting X-A and A-B. You can see what are possible zones of C and D following the fibo percentage plots that as a rule should comply if it turns out to be a Shark. Note that fibonacci retracements confluence with areas where there is exp
EURUSD: Mid Term Analysis after US Inflation
Today we look at the $EURUSD pair following the US inflation data released yesterday. First of all, I share this idea with you based on my analysis about the Dollar Index ( $DXY ) which you can see below, that said, we know that there is an inverse correlation between $EURUSD and $DXY, so if we have
ASIA NJ 618 LIMIT ATR
NJ and AJ seem to be the last pairs to want to join JPYs downfall, this could either mean we can expect a pullback on all JPY pairs or that its simply late to the party and still gathering volume for a bigger push up.. not sure, but decided to test this hypothesis by entering a limit buy order at th
CADCHF - Perhaps another leg higher?
Checking higher timeframes at key support of weekly, monthly and daily we've got range breaking out, further upside could take us towards 0.70500 areas. However, keep in mind if we go back within this range I'd be re-thinking core long on CADCHF We had CPI came in as estimate, it wasn't a major move
USDJPY: Classic Trend-Following Trade
USDJPY dropped to a peculiar zone of confluence yesterday. We see a perfect intersection between a horizontal demand area and 0.5 retracement of the last bullish impulse. The price was nicely rejected and a doji candle was formed. On an hourly time frame, I spotted an ascending triangle formation. I
GBPJPY
The past days we have clear bullish movements which is kinda what i was looking for this entire week. We have a strong support zone on the lower timeframes were it did go for 190pips. So we are targeting maximum half of these pips. Our tp is 90pips and sl would be 30pips. Looking for buys here. Keep
Pull-up Update