Price is currently bouncing in a channel. Price shows strong rejection against resistance on the 1 hour and 30 min chart. I expect price to drop down to support.
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Price has recently formed an inverted head and shoulders, indicating a move to the upside. If price reaches resistance of the channel, I expect it to break through and reach its nearest resistance for a tp of 40 pips. Price could also bounce off support before rising to resistance as well.
Please do not take this as professional advice. Trade this idea at your...
Price is currently bouncing up and down in a channel. Price has risen from support and retested a key level of resistance. Price rejected the 200 sma in the 1 hour chart and is likely to rise to the top of the channel for 60 pips.
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Price is currently reaching the end of a bullish triangle. I believe it will reject the 200 sma and break out of the triangle, rising to the nearest resistance level for 80 pips. I believe after reaching resistance, price is most likely to drop and continue to respect the current down trend.
Please do not take this as professional advice. Trade this idea at your...
EURUSD is currently in a strong channel. A recurring trend of price retesting a key level of resistance has occurred and is most likely to break through resistance once again and rise to the top of the channel for 160+ pips.
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EURUSD is currently in a channel and has rejected support. I expect price to rise up to resistance for a nice profit of around 130 pips.
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GBPUSD is currently in wedge and has shown strong rejection to support. I expect price to rise back up to resistance for a nice profit of around 220 Pips
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USDCAD just broke out of a channel and has completely retested that zone. I expect price to rise for a long position of around 80+ pips.
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CADCHF is currently in a channel and is near resistance. While it broke resistance recently, it rejected the 200 SMMA and showed a strong push to the downside back into the channel. I expect price to be reversed at resistance and head back to support.
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USDJPY is currently in a downtrend wedge. It has bounced from support and will most likely reach resistance.
Please do not take this as professional advice. Trade this idea at your own risk :)
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USDCAD is currently inside of a channel and had recently reached support and bounced back up. It had pulled back which is a good entry point. I expect it to rise up to resistance for around 170 Pips.
Please do not take this as professional advice. Trade this idea at your own risk :)
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EURJPY has dropped to a key level of support and is showing strong rejection. I expect price to rise to previous resistance and most likely rise even further.
Please do not take this as professional advice. Trade this idea at your own risk :)
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EURAUD had recently broken out of a bearish channel and is currently retesting that zone. We should see a reversal soon to the upside for around 450 Pips.
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EURJPY was in a downwards channel and recently broke out. It is currently retesting that area. We will wait and look for a confirmation to go long after a complete retest. TP is at next resistance.
Please do not take this as professional advice. Trade this idea at your own risk :)
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USDCAD has broken through support and is looking to retest that area. A potential sell trade would be at the completed retest and take profit at previous support.
Please do not take this as professional advice. Trade this idea at your own risk :)
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AUDJPY is currently bouncing up and down in an upwards channel. It has just reached the support level so I am placing a buy trade.
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NZDCAD has formed a wedge pattern and is almost at a breakout point. I will wait for price to retest and I expect it to bounce back up and rise up to resistance. I will wait for a confirmation after the retest and place a buy trade.
Please do not take this as professional advice. Trade this idea at your own risk :)
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AUD CHF has broken support and retesting at resistance. Looking to short at the retest and close the trade at the nearest support which is shown.
Please do not take this as professional advice. Trade at your own risk :)
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