SHORT EURNZD ENTRY: 1.71313 STOPLOSS: 1.71839 TP: 1.70779
BUY USDJPY ENTRY: 103.950 STOPLOSS: 103.671 TP: 104.229
Descending channel. Price was correcting , making a lower high, until momentum kicked in, breaking through previous structure lows and the 'bear flag'. It should respect the higher timeframe's channel, since it has been doing it for the past several days. So, odds are on our side. We should then expect a reversal, only confirmed by price breaking previous...
We swear banks brought out all the rubbish on the internet to confuse people So they lose money. Keeping it simple is so much easier and profitable. Just get good a drawing naked charts. There's a short coming up at the key level. We will watch for price action and update clients.
We would sell at the key level. Risky sell. They look at buying at the trend line plus confluence. So a support level. Clean and simple is how we like to keep it. Naked trading. x
EURUSD PRICE IS AT RESISTANCE ZONE. POTENTIAL DOUBLE TOP FORMING. WAIT FOR BREAKOUT OF THE NECKLINE FOR CONSERVATIVE ENTRY
DXY POTENTIAL DOUBLE BOTTOM. EXPECTED BULLISH, CONFIRMATION WHEN PRICE BREAKOUT OF TRENDLINE.
I believe this can retrace back up. Do I believe it will reach all the way back to the final target? Personally No. But I will keep in mind of that.
AUDJPY H4 chart it's also showing an inverted cup pattern it's not complete properly. The market will move under the channel to complete the chart patterns. If the market move and break any upward or downward that can be the cause of entry. The downside of audjpy also will break the below trendline and the retesting point will give us some confirmation of sell...
In euraud we have proper channel and the market is in channel if the market will move under the channel range. If channel break at upward or downside so we can enter in euraud trade with proper confirmation that will be any candlestick or breakout pattern. Until we have to wait for the right time to do trade in this pair.
USDCAD ready to sell. Wait for confirmation at lower time frame and entry at your own risk.
Long on break higher after failed break down, pin/tailbar on support. Entry: 245 Stop: 235 Target: 275