Hey there everyone! Last week was another solid one in the room!
Members:
Pure Price Action Series – CLICK HERE to access
Pipsqueaks article additions – CLICK HERE to access the previous addition (we will not be releasing a new article this week, due to John being on vacation)
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Last week’s results from the P&A were:
GBPUSD did not hit any TP levels
AUDUSD hit all 3 TP levels
EURUSD hit all 3 TP levels
USDCHF hit all 3 TP levels
Prediction & Analysis for the upcoming week is as follows:
***As always…remember to move your SL as TPs are hit and even if TP3 is hit…continue to trail stop to achieve maximum profit potential***
We use the Poppin Picaso strategy for the weekly P&A. Based on the indicators at week end and general price action, we use the previous support and resistance levels to determine TP levels.
GBPUSD – long/buy
TP1 – 1.218298
TP2 – 1.220954
TP3 – 1.223684
We ended the week with:
Semafor – buy sun
100 hma and 14 hma – price is above
200 sma – price has a ways to move toward
Oscillator – flipped to the upside
RSI – has exited and re-entered the 30 line
AUDUSD – short/sell
TP1 – 0.752956
TP2 – 0.751480
TP3 – 0.749962
We ended the week with:
Semafor – sell dot
100 hma and 14 hma – price is above 100 and below 14
200 sma – downward slope
Oscillator – exhausted to the upside
RSI – semi neutral but closer to 70 line
Current rise in market during overall downtrend
EURUSD – short/sell
TP1 – 1.066112
TP2 – 1.064967
TP3 – 1.063753
We ended the week with:
Semafor – sell sun
100 hma and 14 hma – price is above 100 below 14
200 sma – price has a ways to move toward
Oscillator – exhausted to the upside
RSI – has exited and reentered the 70 line
USDCHF – long/buy
TP1 – 1.011198
TP2 – 1.012241
TP3 – 1.013269
We ended the week with:
Semafor – buy sun
100 hma and 14 hma – price is below 100 and above 14
200 sma – uptrend
Oscillator – exhausted to the downside
RSI – exited and reentered the 30 line
See you Monday and cheers my friends 🙂
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