AUD Group Trend
The Aud Pairs are all currently trending down
Price seems to be trying to push past the Previous LH, but unable to hold its ground when it breech.
Looking to short it to the previous LL
chf/cad has touched 4hr/1hr zone followed by falling wedge. Price respected the weekly zone so I was actually waiting for retest of that area however, price has touched the 4hr/1hr zone before and that zone is very strong in terms of direction.
On the gold/silver chart, I see price follow a consolidation period. Price seems to have reached resistance zone while creating a xabcd pattern followed by a rising wedge/pennant depending on how you see it.
waiting for price to break out of that pattern so I can enter. Looking for entries on the 4hr/1hr timeframe.
Hi. guys I hope you are all okay! Here are my thoughts on EURUSD, price action pushed down into fresh lows of 1.1180's seeing prices break and close below the previous structure low of 1.1232's. What we have since seen is prices pullback into a key area in the market at 1.1285 - 1.1325's which would be the most likely area for sellers to re-enter the market. There...
on the gbpnzd, price formed a large rising wedge pattern while creating a smaller version straight after. I believe price will touch support zone as it has been tested many times from the two patterns.
lower timeframe consists of different setup so stay online for that one.
on the gbp/usd. I see an ascending channel on the 4hr timeframe.
overall bias is bullish with support line being respected multiple times and price is forming higher highs and higher lows, I am hoping price creates another HL to support my idea.
4hr/1hr timeframe shows a lot more of the channel and a lot more in-depth details about entry and take profit.
Chart time frame - H4
Timeframe - 4-12hrs
Actions on -
A – Activating Event
Market consolidating above the 200 mva and has reached a condition of being oversold.In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market move towards the first Target 1 level @...
Been some extremely bearish news about XEM in the past few weeks but a bullish chart is a bullish is chart and ths one looks like it has at least some temporary upside to take avantage of. Short term long.