X87

X87

It seems FED has not yet decided interest rates cut and data still shows good. Markets will be moved tuesday with Jerome Powell speaks previous to his meeting with Congress when testifies in the Semiannual Monetary Policy Report. Markets will pay attention to his words trying to find direction. Trading wars are still yet not decided, so depending on his words for...

X87

In the BCOUSD I can see a repetitive triple top (the pink lines) among a descending channel in the Daily time frame. Right now we´re transiting the bearish orange channel and had reached the top. So, is time to sale and take the reboud since RSI is completely overbought in the 4H and D time frame. In the fundamental side, I still thing the the problem is the...

X87

Yes, I know that we´re still bullish but first we will experience correction at least arriving to the 38.2 Fibo retracement (We could also arrive the 61 Fibo retradement but first thing first. The channel we´re driving right now is the black one, buut the most important thing in this chart is the re gross line. Up or down that will determine the month or even...

X87 Updated 

In my last trading idea for this pair, I mentioned that is a long term trade. Right now I see an AB=CD pattern but not ready to entry because of RSI in the 1 hour time frame ir oversold so you will need to wait. Also you can see the simetrical triangle formed in the RSI 4h timeframe so if it is broken, so that is your time to entry. For TP1 I took my profits on...

X87 Updated 

Never mind. It no just time to entry this trade snce you will need first some correction, and then is your trading opportunity. Just be patient . Follow the red line. What a surprise. Never expect was going to be so soon. Good luck. ..... This mieans it would be nice to atack the CAD.

X87 Updated 

Probably lately you had been asking why it has been so difficult to trade the DXY pairs. Maybe you don´t know but by now we are in a bullish trend (the clue is that light blue line at the bottom), but that one is another trading idea. Anyway, for know you can see the channel in pink just broken today is telling us that the direction is long. By now market...

X87 Updated 

Since everytime it touches the same range price is rejected .... then is time to go buy again. Just notice how many times price action has touched the same level to be rejected. Even if you go back to 2015 yo can see how important this level is. This trading idea is also consistent with DXY and XAUUSD forecast so take a look also. This trade has a 5 to 1 return...

X87 Updated 

Market has arrived to the top in daily channel in purple, as well to the top of the 4h channel in pink. Right now we´re watching also a double top and since the strong positive relationship between oil and DXY with the CAD now in bull mode, and how sensitive inverse is kiwi with DXY, is just a matter of time to be bear again in this pair . EP 0.95 SL 0.959 TP...

X87

I see a Bat pattern, but first we need to break the 90.1 level. Entry after clear bear candle below that level. Follow the purple line. TP1 89.31 or 61.8 fibo retracment for Bat completion, but if following the bear channel even can go back to the 88.6 level or even lower after that double bottom we had been since last week. Be aware thart in the Daily timeframe...

X87

Follow the red line. Right now we´re in 61.8 Fibo retracement. Our first target will be 38.2. Entry after clear bullish candle close above 65.91. TP1 at

X87

Follow the red line.

X87

Just follow the red line.

X87

Follow the red line.

X87

If market is able to surpass that blue spot (the one circled in red) we will see a nice Cypher. Just follow the red line.

X87

Short term bear but bull long run at least 92.31 level. Follow the red line. In the long run the Cypher pattern but that is in the next trading idea.

X87

Just follow the pink line. This trade is valid until wednesday 7:30 a.m. New York time.

X87

Remember to complete the harmonic pattern first. Just follow the pink line. This trade is valid until wednesday 7:30 a.m. New York time.

X87

Just follow the pink line. This trade is valid until wednesday 7:30 a.m. New York time.