[UPDATE] EURUSD Fibonacci levels [countertrend]Trend reversal
New intraday trend likely DOWN
I will try to take LONG positions at these levels :
N1: 1.2137
N2: 1.2109
N3: 1.2064
Countertrend
EURUSD Fibonacci levels for intraday trading [countertrend]These are the Fibonacci retracements I am watching for EURUSD today :
N1: 1.2183
N2: 1.2212
N3: 1.2258
Current intraday trend likely UP
I will try to take SHORT positions on these levels.
AUDUSD Fibonacci levels for intraday trading [countertrend]These are the Fibonacci retracements I am watching for AUDUSD today :
N1: 0.7823
N2: 0.7785
N3: 0.7725
Current intraday trend likely DOWN
I will try to take LONG positions on these levels.
USDCAD Fibonacci levels for intraday trading [countertrend]These are the Fibonacci retracements I am watching for USDCAD today :
N1: 1.2505
N2: 1.2477
N3: 1.2453
Current intraday trend likely DOWN
I will try to take LONG positions on these levels.
AUDUSD Fibonacci levels for intraday trading [countertrend]These are the Fibonacci retracements I am watching for AUDUSD today :
N1: 0.7978
N2: 0.7993
N3: 0.8019
Current intraday trend likely UP
I will try to take SHORT positions on these levels.
USDJPY - Head and ShouldersA potential Head & Shoulders setup with RSI Divergence gave an opportunity for the aggressive trader to engage their trade. The 1st target goes for 105.77 and target 2 will be shared with our inner circle.
EURUSD Fibonacci levels for intraday trading [countertrend]These are the Fibonacci retracements I am watching for EURUSD today :
N1: 1.2180
N2: 1.2195
N3: 1.2216
Current intraday trend likely UP
I will try to take SHORT positions on these levels.
US500Short Term Trend: Bullish.
Price Action Signals: Price broke down from an Inside Bar Pattern early this week (counter trend).
Potential Trade Idea: We are considering trading longs after a retracement in prices AND from a Price Action Buy signal forms on the 4 hour or daily chart at either the 3829 or 3670 support level.
GOLDShort Term Trend: Bearish.
Price Action Signals: A bullish Pin Bar Signal formed above the $1764 support level (counter trend). Price moved down strongly from a Bearish Pin Bar signal that formed around the $1850 to $1875 resistance zone around 2 weeks ago.
Potential Trade Ideas: We are considering trading shorts from a Bearish Price Action Signal on the 1 hour, 4 hour or daily chart, whilst price remains under the $1850 to $1875 resistance zone.
USDJPY Fibonacci levels for intraday trading [countertrend]These are the Fibonacci retracement I am watching for USDJPY today :
N1: 105.08
N2: 105.18
N3: 105.34
Current intraday trend likely UP
I will try to take SHORT positions on these levels.
AUDUSD Fibonacci levels for intraday trading [countertrend]These are the Fibonacci retracement I am watching for AUDUSD today :
N1: 0.7911
N2: 0.7897
N3: 0.7874
Current intraday trend likely DOWN
I will try to take LONG positions on these levels.
[UPDATE] USDCAD Fibonacci levels [countertrend]Trend has reversed :
Current intraday trend likely DOWN
I will try to take LONG positions at these levels :
N1: 1.2585
N2: 1.2575
N3: 1.2555
USDCHF Fibonacci levels for intraday trading [countertrend]These are the Fibonacci retracement I am watching for USDCHF today :
N1: 0.8961
N2: 0.8969
N3: 0.8982
Current intraday trend likely UP
I will try to take SHORT positions on these levels.
USDCAD Fibonacci levels for intraday trading [countertrend]These are the Fibonacci retracement I am watching for USDCAD today :
N1: 1.2617
N2: 1.2636
N3: 1.2668
Current intraday trend likely UP
I will try to take SHORT positions on these levels.
EURUSD Bullish ForecastThis pair was analyzed with multi timeframe analysis and zooming out on EU, it looks quite bullish and I am forecasting further upside. Yes, I understand that we are at (and potentially rejected off) a critical resistance level but we are also in a corrective structure projecting a bigger move to the upside.
While looking at DXY, we have the exact opposite, where we have a Bearish Structure currently consolidating for further downside.
Some confluences to support this idea:
Inverted Head & Shoulders pattern formed
Counter-trend of Daily Bearish Structure with Break & Retest
Daily Bullish Wick that should normally be filled
Previous COT data shows an increase in longs. New data will need to be reviewed when released.
Potential formation of weekly ICI pattern
Potential formation of new Daily Bullish Structure
The first step in order to validate this idea, will require a clean break above the resistance zone around 1.22.
Let me know your thoughts.
Trade Safe!
HEET
ps. I generally post alot of updates as the idea/trade evolves. If you want to stay updated, please click the "Follow this idea" button.
USDCHF Fibonacci levels for intraday trading [countertrend]These are the Fibonacci retracement I am watching for $USDCHF today :
N1: 0.8986
N2: 0.9005
N3: 0.9031
Current intraday trend likely UP
I will try to take SHORT positions on these levels.
USDJPY Fibonacci levels for intraday trading [countertrend]These are the Fibonacci retracement I am watching for $USDJPY today :
N1: 105.76
N2: 105.98
N3: 106.28
Current intraday trend likely UP
I will try to take SHORT positions on these levels.
AUDUSD Fibonacci levels for intraday trading [countertrend]These are the Fibonacci retracement I am watching for $AUDUSD today :
N1: 0.7867
N2: 0.7841
N3: 0.7800
Current intraday trend likely DOWN
I will try to take LONG positions on these levels.
[UPDATE] EURUSD Fibonacci levels [countertrend]New intraday trend likely DOWN.
In this configuration, here are the new levels :
N1: 1.2102
N2: 1.2081
N3: 1.2053
I will try to take LONG positions.
EURUSD Fibonacci levels for intraday trading [countertrend]These are the Fibonacci retracement I am watching for $EURUSD today :
N1: 1.2125
N2: 1.2144
N3: 1.2161
Current intraday trend likely UP
I will try to take SHORT positions on these levels.
USDCAD Fibonacci levels for intraday trading [countertrend]These are the Fibonacci retracement I am watching for $USDCAD today :
N1: 0.7867
N2: 0.7841
N3: 0.7800
Current intraday trend likely UP
I will try to take SHORT positions on these levels.
USDCAD - Bullish CrabA V bottom on the bullish deep crab pattern is nice, but with the bearish engulfing candle, the movement towards profits isn't certain. A break and close below 1.2593 would create challenges for the short term appreciation.
USDCAD Fibonacci levels for intraday trading [countertrend]These are the Fibonacci intraday retracements I'm watching for USDCAD today :
N1: 1.2705
N2: 1.2717
N3: 1.2737
Intraday current trend likely UP.
So I will try to take SELL trades at these levels.
See arrows on the chart.
