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KingCobra has taken 12th place in Strategy Contest Aug 2024

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KingCobra has taken 7th place in Touch Binaries Contest Oct 2017

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KingCobra has taken 20th place in Social Trading Contest Sep 2017

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EUR/USD Tradertip Technical Report and Forecast for Friday 06

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

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

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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KingCobra has taken 7th place in Touch Binaries Contest Aug 2017

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EUR/USD Tradertip Technical Report and Forecast for Friday 01

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

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

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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