Hey! AUDCAD Possible Short setup: 1. Last week candle extreme bearish Engulfing 2. H&S chart pattern formation 3. FIB 50% 4. Light blue = strong support-resistance area (currently resistance) 5. Possible short-term Double TOP formation Please, don't forget to LIKE, COMMENT & FOLLOW! Thank You for your support, I really appreciate it! Have a nice...
looking for a pullback on USDJPY then looking for sell setups on the smaller time frame. if price can hold the 110.000 - 110.500 area we could possibly see downside from there.
- Price is on big downtrend and may continue to follow for one more leg - Sell when price retrace to the target when there is a clear price action signal at this zone
- Buy on dip EURUSD - This is short-term strategy
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Hello traders,as we look USD/JPY on 1H chart(attached below the daily analysis on USD/JPY) we can see a possible bearish shark pattern as we go reach the red zone of resistance. We may have a better entry for better P/L ratio trade if price makes a spike with a false breakout above the trend line into the red zone where we have the D completion point. ...
Hi traders, I'm having short perspective on this pairing. It is showing a lower high and lower low structure (short term), therefore short on this pairing would be my preference. SL : 1.0110 TP : 0.9860 If it is broken upward the trend line, then I will look for opportunity to long. Thanks and have a good day. **Trade with risk**