AUDUSD has formed a double top on the 4h and is looking great for a sell. Waiting for candles to bounce off of the zone as confirmation. RSI shows overbought and MACD is ready for a crossover.
Best of Luck
Wallstdropout
USDCHF bounced off the top of its daily trendline and has created a head and shoulders pattern. I took the short on the second shoulder when the reversal candle formed on the 4h. It is in a consolidation right now but it is about to make another drop to the downside.
Best of Luck
Wallstdropout
GBPUSD just bounced off of a major daily trendline. It had great bullish momentum for about 8 hours but has gone into a 4 hour retracement. I predict the price is most likely going to bounce off of the 50 fib level (GOLDEN LEVEL) and go bullish again. As always I am waiting for candlestick confirmation and closure on the 1h before I enter the trade.
Best of...