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EUR/USD Tradertip Technical Report and Forecast for Friday 06

KingCobra Posted 6 Oct.  in #Trader's blog
There is bearish potential for a fall to 1.1681 while 1.1730 - 1.1745 resist. After this fall a recovery up to 1.1745 or 1.1760 is expected.
Technical Forecast
  • Elliott Waveelongated flat correction down
Key Points
  • Key Point1.1683
  • Entry Point1.1738
  • Trendline 11.1779
  • Trendline 21.1769
  • Elliott1.1788
  • Closing1.1711
  • Ex-Low1.1699
  • Ex-High1.1779
  • Projection1.1640
Supports and Resistance levels
  • Support 11.1681
  • Support 21.1650
  • Resistance 11.1760
  • Resistance 21.1809
  • Pivot1.1730
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EUR/USD Tradertip Technical Report and Forecast for Wednesday 04

KingCobra Posted 4 Oct.  in #Trader's blog
It should test 1.1761 area after which a sell off down to 1.1702 or extended to 1.1661 area is expected.
Technical Forecast
  • Elliott Waveirregular flat correction down
Key Points
  • Key Point1.1736
  • Entry Point1.1746
  • Trendline 11.1775
  • Trendline 21.1731
  • Elliott1.1832
  • Closing1.1744
  • Ex-Low1.1696
  • Ex-High1.1773
  • Projection1.1717
Supports and Resistance levels
  • Support 11.1702
  • Support 21.1661
  • Resistance 11.1779
  • Resistance 21.1814
  • Pivot1.1738
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EUR/USD Tradertip Technical Report and Forecast for Tuesday 03

KingCobra Posted 3 Oct.  in #Trader's blog
Market should not go lower than 1.1731 - 1.1703. After this move down it should go up to 1.1774 - 1.1788 area.
Technical Forecast
  • Elliott Waveelongated flat correction down
Key Points
  • Key Point1.1714
  • Entry Point1.1760
  • Trendline 11.1815
  • Trendline 21.1798
  • Elliott1.1832
  • Closing1.1732
  • Ex-Low1.1730
  • Ex-High1.1815
  • Projection1.1646
Supports and Resistance levels
  • Support 11.1703
  • Support 21.1674
  • Resistance 11.1788
  • Resistance 21.1844
  • Pivot1.1759
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EUR/USD Tradertip Technical Report and Forecast for Friday 01

KingCobra Posted 1 Sep.  in #Trader's blog
Market should hold major support at 1.1802 before rising towards 1.1940 or even 1.1971 limit.
Technical Forecast
  • Elliott Wavezigzag or flat correction
Key Points
  • Key Point1.1951
  • Entry Point1.1887
  • Trendline 11.1887
  • Trendline 21.1834
  • Elliott1.1823
  • Closing1.1909
  • Ex-Low1.1823
  • Ex-High1.1913
  • Projection1.1976
Supports and Resistance levels
  • Support 11.1851
  • Support 21.1792
  • Resistance 11.1940
  • Resistance 21.1971
  • Pivot1.1882
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EUR/USD Tradertip Technical Report and Forecast for Tuesday 01

KingCobra Posted 1 Aug.  in #Trader's blog
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.1898 or 1.1884 if support around 1.1804 hold. After which a pullback to 1.1804 - 1.1783 zone is possible.
Technical Forecast
  • Elliott Waveimpulse wave up
Key Points
  • Key Point1.1899
  • Entry Point1.1803
  • Trendline 11.1729
  • Trendline 21.1775
  • Elliott1.1479
  • Closing1.1842
…
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EURJPY Tradet Tip

KingCobra Posted 10 July  in #Trader's blog
12:00 am12:00 pm12:00 am12:00 pm12:00 am12:00 pm12:00 am12:00 pm1.13801.13901.14001.14101.14201.14301.14401.13401.13501.13601.13701.14501.14601.1470There are initial signs of a good corrective recovery towards 1.1422 or even 1.1436. Supports at 1.1392 and 1.1376 zone.Technical ForecastElliott Waveirregular flat correction upKey Points
Key Point1.1420Entry Point1.1409Trendline 11.1376Trendline 21.1430Elliott1.1313Closing1.1405Ex-Low1.1380Ex-High1.1440Projection1.1445Supports and Resist…
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EUR/USD Tradertip Technical Report and Forecast for Monday 03

KingCobra Posted 3 July  in #Trader's blog
Supports at 1.1407 and 1.1394 should hold the downward correction . After which a big upmove could occur . Stop loss below 1.1394 limit.
Technical Forecast
  • Elliott Waveextended impulse wave up
Key Points
  • Key Point1.1465
  • Entry Point1.1431
  • Trendline 11.1416
  • Trendline 21.1464
  • Elliott1.1119
  • Closing1.1421
  • Ex-Low1.1392
  • Ex-High1.1445
  • Projection1.1517
Supports and Resistance levels
  • Support 11.1394
  • Support 21.1366
  • Resistance 11.1447
  • Resistance 21.1473
  • Pivot1.1420
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EUR/USD Tradertip Technical Report and Forecast for Monday 17 April 2017

KingCobra Posted 17 Apr.  in #Trader's blog
It may meet resistance in 1.0611 - 1.0616 zone for a drift down to 1.0602 zone, after which bounce to 1.0625 is anticipated.
Technical Forecast
  • Elliott Waveflat correction down
Key Points
  • Key Point1.0587
  • Entry Point1.0596
  • Trendline 11.0630
  • Trendline 21.0582
  • Elliott1.0677
  • Closing1.0611
  • Ex-Low1.0606
  • Ex-High1.0630
  • Projection1.0570
Supports and Resistance levels
  • Support 11.0602
  • Support 21.0592
  • Resistance 11.0625
  • Resistance 21.0639
  • Pivot1.0616
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EUR/USD Tradertip Technical Report and Forecast for Monday 10 April 2017

KingCobra Posted 9 Apr.  in #Trader's blog
Market should not go lower than 1.0585 - 1.0559. After this move down it should go up to 1.0628 - 1.0644 area.
Technical Forecast
  • Elliott Waveirregular flat correction down
Key Points
  • Key Point1.0557
  • Entry Point1.0612
  • Trendline 11.0649
  • Trendline 21.0640
  • Elliott1.0905
  • Closing1.0590
  • Ex-Low1.0581
  • Ex-High1.0666
  • Projection1.0469
Supports and Resistance levels
  • Support 11.0559
  • Support 21.0527
  • Resistance 11.0644
  • Resistance 21.0697
  • Pivot1.0612
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EUR/USD Tradertip Technical Report and Forecast for Friday 03 March 2017

KingCobra Posted 3 Mar.  in #Trader's blog
Current fall is near an end of wave around 1.0485 zone, a rally should then procede to above 1.0542. Fall below 1.0462 would cancel this scenario.
Technical Forecast
  • Elliott Waveextended impulse wave down
Key Points
  • Key Point1.0487
  • Entry Point1.0506
  • Trendline 11.0540
  • Trendline 21.0512
  • Elliott1.0630
  • Closing1.0508
  • Ex-Low1.0495
  • Ex-High1.0551
  • Projection1.0455
Supports and Resistance levels
  • Support 11.0485
  • Support 21.0462
  • Resistance 11.0542
  • Resistance 21.0575
  • Pivot1.0518
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