Certainly looking forward to a potential BUY opportunity on EURUSD as it is currently at a major support area. All time frames are oversold and positioned for a BULLISH move on the RSI. With a convincing Bullish Candle at support and proper price action I am looking for a nice Push up. Failing that if we break below the zone I will be waiting on the retracement...
USDCAD responded as expected with the SELL off at the resistance given that it is consolidating. I will be waiting to see the reaction at the floor for a possible BULLISH opportunity. Will be waiting for confirmation on the lower timeframes.
We are currently in a bearish market with a potential retracement. Very risky move to buy it up from where it is right now highly probably we will get a BUY then a SELL. I'm Neutral leaning more towards the SELL opportunity when the market is right..
Waiting to see if USDJPY will break out of this consolidation. The lower time frame is geared up for a BUY but I'll be holding until the market shows us which direction it wants to go. I'll be waiting on the retest before I get in on either direction.
As price continue to push Bullish I am looking for a retest of the floor for a push up. Looking great on the 5min for a BULLISH move. We may have a few bearish candles to get to the oversold position on the RSI. Awaiting for a retest of the 30% line on the RSI.
Possible BUY OPP on GBPJPY with two potential entries. Trade with caution apply proper risk mgm't TP can be 1:2 or 1:3 choice yours...
So we have two potential BUYING OPPORTUNITIES. ENTRY 1 and ENTRY 2, Waiting for a BULLISH confirmation on a lower timeframe to BUY.
Potential Bullish idea for EURJPY. Looking for a retest of the 163.246 - 163.207 support zone. Waiting for an oversold condition on the RSI. Which is currently met. Waiting on 5min time frame confirmation for potential BULLISH movement for entry. Let me also note that price could potentially give us a 100% retracement to the floor at which time we will also be...
We have waited patiently for price to break and retest the Resistance. We are currently getting ready for a possible drop on AUDNZD. Look alive and drop down to the lower time frame for entry. Break of structure happening now...
I really like where price is right now at the support. We could be seeing a possible push up based on Market Structure. Awaiting confirmation on lower time frame.
EURUSD is looking ripe for a Bullish move. The market is currently consolidating, we therefore need to be patient and wait for the proper rejection of a zone to position ourselves. We are currently at the floor and awaiting a rejection for a possible entry for the BULLISH move.
Awaiting the Break of structure to the Upside. Looking for a BULLISH move. If price breaks above the resistance we will wait for the retest to get into the trade. We are also aware that price could also continue to fall to the EMA and or retest the FLoor/Support at which point if it fails to break we will also position for a BUY
Given the up trending market we are looking for a possible BULLISH move. We are awaiting the break of structure to the upside with a possible retest. However we may also get a short term sell to the next support area with a possible break of structure to the Floor. Either way we are ready for the market. Please observe confirmations on the 5min time frame for entry.
Possible bullish move from the support area. We waited for the support to be respected. We got confirmation on the 5min chart look for possible bullish entries and expect resistance at the ceiling.
Price has broken structure and retested nicely on the 1hr time frame. Drop down to a lower time frame like 5min for entry upon a break and retest.
Possibly Bullish move on USDJPY. Awaiting the break of the resistance for a retest to take the market up to TP. If price falls to the support that will be a much better risk to reward ratio.
There a few possibilities on this EURJPY Bullish Idea. From left to right we are looking for a break out of the Resistance and a Retest for the BUY, or a pull back to the floor for the BUY. If price breaks that we could be looking at a possible bearish move down to the other areas of interest. Will update the idea if needs be.
We are currently in a DOWNTREND on the lower time frames, but the market is setup for a BULLISH move on the Higher timeframes. Awaiting on a BREAK of the RESISTANCE and a RETEST to take the BULLISH move. If that fails Await the break of the SUPPORT to continue BEARISH movement.