AUD/USD Head and Shoulder pattern in 4HR/DAILY timeframe Bulls gather 0.693 resistance before pushing downwards for H&D shoulder support Target below 0.680 support bearish move VFI_LB cross for trend to bulls or bears Watch for economic calendar release and volume
EURUSD has fallen last week and it will continue droping other 100 Pips until touhing the monthly trend (red line). The question is if after that it will break out or reverse.
SELL GBP/AUD BELOW 2.0399 WITH SL 2.0431 TARGET 2.0300 Happy Trading!
The USDCAD pair is in fairly obvious pattern which is proven by the Fibonacci Extension and the previous resistance levels. You would want to set your stop about 10 pips away from where you would buy (buy at market now). The take profit is just below reversal zones. This could be a first target for those who want to make the most out of the deal and the second...
I think we really did find a bottom on the daily. Been tracking this pair for awhile now. It has the makings of a pair due for 50 - 100 pips, if you are a swing trader. I do not day trade so all charts I post will be for traders who have the patience for longer timeframes. 4 - Weekly charts. Although the chart has all the makings for a good trade based on the...