261.8% extension

Trade Ideas

Trade of the Day – USDJPY – Limited upside with the ‘gap’ open

Ian Coleman May 7, 2019 523 0

We have a Gap open at 111.07 from 03/05 to 06/05. Bespoke resistance is located at 111.07.
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Trade Ideas

EURUSD – Another drive lower before buyers emerge

Ian Coleman Jan 18, 2019 476 0

Holding with a bullish channel formation. Trend line support is located at 1.1324
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Trade Ideas

AUDUSD – 261.8% extension level

Ian Coleman Oct 26, 2018 319 0

We have a 261.8% extension level at 0.7020 (from 0.7315-0.7202). The daily chart highlights bullish divergence (chart makes a lower low while the RSI makes a higher low). Often an indication of exhaustion. Buying into dips offer ample…
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