Good Afternoon, As you can see from the chart annotations price is approaching the short term descending trend line and we could expect to see price bounce off this back down to the ascending trend line and/or a level of support below it. However if price breaks out to the upside I will wait for price to come back down and retest the old descending trend-line...
Good Morning, For this pair it seems price might be bouncing off the descending trend line and if we get confirmation of this I will go short, however if price breaks above this descending trendline then I will wait for a retest before potentially entering long. - Both TP's are shown at the two next key support levels - I expect price to either bounce off the...
An interesting long oppurtunity on AUD/JPY. Only consider buying if price moves past wave D.
Good Morning, As you can see from the chart USD/JPY has been in a downtrend on the daily following the bigger trend line, however it is currently on the up retracing back to the downward trend line within the upwards channel and so provides a great potential buy. - Price is currently between two key S/R levels, I will wait for price to bounce off the upper...
-looking for eurusd continuation long -Been holding long since 1.12072. This pullback might be a good opportunity to enter. -bullish divergence on 4H + double bottom
buy EUR/JPY .... Risk Reward Ratio 1:6
AU long from around this zone trend line 78.6 fib line chart closes inside or kill zone
Price has a reached a Fresh supply zone looking for a rejection pattern
Good Morning traders. Also on my Watchlist for the week is GBPUSD. The actual bullish momentum come from the 61-71 Fib Zone which could be a nice Retracement-Point for a new Bullish leg if we can break the Counter-TL. I am rather long on this pair as i would love to see a new bullish leg up from the 1.23500$ zone. Maybe we also see another test of the price...
Good morning traders. That are my actual thoughts on USDCAD . Overall market situation is a Bearish. 2H Overall direction is Bearish. We made a retracement push into the "Golden ratio" Fib range. On the lower - TF we are making new lower highs. We broke and retested a Counter-Tl on the lower TF. I will look for a last little push into the Price of...
With bigger states having their larger companies re close because of a second Corona Virus wave, A good sign for our bears to continue would be breaking that 1.114 marker than finding them selves hungry to reach the 1.110 target. On the other hand if we do not break that 1.114 support and see a break past 1.120, there is potential the bears fight to bring her...
A jump to 1.1233 with the potential to hit 1.1249 Open: 1.2075 SL: 1.1975 Tp1- 1.1233 Tp2- 1.1249
Price broke out of ascending wedge and now finished retracing. Will be shorting it from here
posible seguimiento de tendencia alsista ya que vemos una falsa tendencia bajista creada para llegar a ese punto de liquidez para generar un reversal de media semana y seguir con su tendencia.