Watch for bullish price action such as a pin bar or engulfing candle from the 1814.69 support area. Key resistance comes in at 1828.49. Alternatively, a daily close below 1814.69 area could send the pair lower to 1796.74.
Price Action Signal formed on Horizontal Resistance Level.
USDCAD Entry Price 1.26654; Take Profit Price 1.27656
USDJPY Entry Price 114.597; Take Profit Price 115.058
USDMXN Entry Price 20.67130; Take Profit Price 20.84070
Horizontals > Diagonals, but good to use together to help support your thesis of a trend reversal. Diagonal and horizontal S/R break is strong but if only using one, use Horizontals. See this chart as an example as to why Diagonal breaks can fail you... If you bought the breakout at the close above diagonal, where do you put your stop? below the trend line?...
Time Frame: 4H Bias: Long Symbol: JPYUSD We expect a bullish breakout across the horizontal trendline.
USDJPY. Support and Resistance Strategy. Price pulled back to Horizontal Support Level, EMA 10 Level, and EMA 20 Level. Support Level (114.452) has FOUR or MORE touches.
Hindcoper breakout near 115 and good move 115 to 180 again come near 115 and retest breakout range now trade at 124 sharply upmove possible in coming days target 150 160 180+++ sl 110 Closing basis Analysis according monthly chart (horizontal lines touch and bounce)
EURCAD (Pin Bar, EMA 10 EMA 20, Trend Line, 50% Fibonacci Retracement Level, Horizontal Support Resistance Level) Horizontal Support and Resistance Level 1.47674 Fibonacci 50% Retracement 1.47932
XMRUSD Horizontal Support Resistance Trade Strategy
NEOUSD Horizontal Support Resistance Trading Strategy
GBPNOK Horizontal Support Resistance, EMA 10 EMA 20, Trend, and Pin Bar Strategy.
Watch for a price action signal in the form of a pin bar at horizontal support resistance price level 119.10.
EURAUD. Watch for a price action signal at horizontal level 1.58735.
USDHKD Target Price 7.76242 For Pennant Pattern
MY OWN ANALYSIS NOT FINANCIAL ADVICE REFER TO CHART TO READ MY ANALYSIS FROM ME TO MY FELLOW CHARTIST ;)