Retracing off of resistance. Small short for a few pips.
Going to short NZD/CHF hopefully to the top of the gap / support.
USD/CAD looking like it will fall this week.
Retrace / retest resistance / support zone.
Long to the resistance level. All timeframes appear bullish.
We have a double top pattern on the daily. Looking to short for about 100 pips or more. Entry: 1.3268 Take Profit: 1.31451 Stop Loss: 1.33001
Looking to continue the bearish movement downward some more before a rebound.
Trend is overall downward, will put in a short trade back to support. Take profit: 0.6230 Stop Loss: 0.6291
Bounced off the bottom and looking to capture a retrace to the 0.631 Fibonacci retracement (on the 4H chart)
Waiting for a re-test of the support / channel that it just broke of with a possible LONG position.
Retracement of fibonacci bounced off of a 0.382 fib level. Looking to short this for about 200 pips. I used a similar strategy on NZD/JPY that seemed to work well. lets see where we end up with this SOLD - 0.67800 Stop loss 0.68300 Take Profit 0.65777
Fibonacci retracement, plus bounced off resistance. Looking to short for about 90 pips
After examining the bounce off of the strong support and then the launch upwards, 4H chart shows a strong upward impulse, now some consolidation and a triangle pattern with a likely push to the upside once it exits. Overall weekly and monthly trend seem to be bearish still, but I believe it will go upward first.
It looks to me that EUR/USD has bounced off of support almost 3 times and should retrace to 0.618 point. Looking to take it up to just below this then close out.