EUR/JPY 1HR Bullish Bat Setup -- 119.500EUR/JPY
>Potential long opportunity at the D leg completion of Bullish Bat setup.
>Stop loss would be below the X leg of Bat Pattern.
Target 1 : 120.200
Target 2: 120.632
Long-setup
AUDUSD Long SetupPrice is still inside the upward channel indicating a continuation of price to the upside.
SL: 0.74630
TP: 0.77
NZDJPY Trade SetupChannel breakout at play here. As you can see price broke out from the bigger downward channel in the weekly timeframe. and in H4 it has broken out of the smaller upward channel.
SL: 80.2
TP: 89.5
USDCAD LONG POTENTIALI was monitoring this last week looking for a potential reversal to go long to 1.3700, but would be monitoring closely around the 1.3590's as there is strong support there but i am inspecting a new higher high there if even by only a few pips.
strong previous resistance around the 78.6% fib level which was a former resistance.
on the 8H charts this level has been tested but pulled back on 3 occasions, will be looking for a breakout from this area before entry but can still get a nice 1:2.5 risk reward from here.
Will all depend on market open and price action.
Should see some big moves around middle to the end of the week.
happy trading, peace !
AUDUSD buy opportunityAfter a downtrend from Dec 12th and hitting a support at 0.7170 the period of consolidation has started. Watch for a test of 38.20% Fib level.
EURGBP : Wait & SeeI think it will throwback (W4 and now it is channeling)
Wait for break channel to confirm
EURGBP Long Setup - 4hr Breakout EURGBP can be construed to be in a continuation of its long term uptrend with a dispersal triangle pattern on the daily. If this is the case we are due a move back up to the uptrend and a breakout of this shorter term downtrend shown on the chart.
As we are approaching the lower positive trend we are getting ever closer to a long opportunity where we will be targeting the level shown on the chart at TP1. We also have some bullish divergence to suggest a breakout move is on the cards.
EURGBP has a strong bullish sentiment over the last few months helped not least by news events and subsequent predictions that the European currency is due to reach 1:1 with the pound as British uncertainty continues. Buy.
Medium term bullish EURUSD setupWe have visited a parallel line on this monthly pitchfork and now we are pointing to the ML of the pitchfork. Resistance zone at 1.87 reachable in two-three months.
NZDUSD BUY ENTRYOur analysis sees NZDUSD heading back up towards the top of the current flag pattern.
There is a perfect opportunity now for an entry point, with the 4h candlesticks looking to form a reversal pattern from the small bounce off the 200 MA.
Viable trades:
Enter long, TP at 200 MA.
Enter long, TP at next trendline.
SLs below the local low or flag trendline.
NZD/JPY LONG SETUP (SHORT/MEDIUM TERM) PAIR'S BOUNCED FROM ITS DAILY/WEEKLY SUPPORT AND MAKING A NEW LOWER HIGH.
EXPECT PAIR'S WILL CONTINUE TO GROW UP TOWARDS 73.943.
USD/JPY STRONG CORRECTION, MEDIUM TERMPair's remain within the descending channel, I believe in the possibilities of resuming further downwards.
But observed a quite strong upward correction, likely to grow up to 102.65 and could extend to 104 (medium term range)
Worst scenario, if the assumption is correct then stop order will be placed accordingly shall the pair's trading up until 104 -105.
USDJPY
SPX500 The Great falldown will be last soon. Long SetupWait and price will be trapped in the blue box. Later it wil go up with trend support. When this happen buy.
Eur-Aud Rejection The LEVEL With Pin BarEur-Aud Rejection The LEVEL With Pin Bar . Market face the support level in Strongly mood here so we buy the pair with given levels and targets . Good Luck
EURCAD - BUY SETUP (NOW)I see a lot of RESPECTED TRENDLINE and DOUBLE BOTTOM, so i just bought
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I have a SELL LIMIT on the 4HR RESISTANCE LEVEl and on DAILY TRENDLINE ALSO (JUST IN CASE)
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