Enter a short at the 109.879 due to the SFP formed. Stop would be above the supply zone around the 110.272 level Target previous S/R
AUD/JPY Uptrend. Forecast for 350 Pips for this pair R:R- 1:8
AUD/JPY Uptrend. Forecast for 350 Pips for this pair R:R- 1:8
USDCAD is creating higher highs and higher lows. what im looking for is price to reach the 61.8% for fibonacci traders to enter and also the trend identification traders as well. For long term USDCAD is UPTREND.
Introduction to my analysis: 1) Price Action is KING- I'm a sole believer in price action, you will see me incorporating price action theory into my analysis. 2) Simplicity is key - I love to keep my charts neat and tidy! The more indicators you have on your chart, the more complicated your chart is. Thus, affecting your bias of that market. Let me introduce you...
If price are able to hold below 1.26. A sell move would be anticipated.
If price are able to hold below 700 with weak buyers. A short could be anticipated towards the recent low.
we have a nice fail to return here, went on for 65 pips with risking 8 pips SL below ftr candle big bullish explosive moves followed dxy nicely broke through the pivot point coming off wammy double bottom fourth touch on trend line all about that price action
it is what it is, head and shoulders along with sexy 4h price action dojis on long ago resistance level from july 22
If price are able to hold around the price of 104.00, Would be anticipating a buys to go all the way up at least towards the recent high.
I AM LOOKING FOR THIS PAIR TO BREAK THE SUPPORT AND RETEST TO GO SHORT. THE WEEKLY AND DAILY TIME FRAME SHOWS THE PAIR IS READY TO GO BEARISH AND THE 4H CONFIRMS THAT PER WHAT PRICE IS TELLING ME.
looking to see this pair go Long. There is strong rejection on the 4H which is making the buyers to take over. looking for a break of the resistance which will become a support for a retest for long.
EURAUD looking clearly oversold and due a retrace move. RSI confirms this. Price at daily horizontal support and potential head and shoulder neckline. Stop loss set below recent lows and support level (1.5535). Also placed below the psychological level of 1.5550. Take profit at potential tip of 2nd shoulder, horizontal resistance and around the moving...
If the sellers are able to gradually pullback towards 147.60, a buy towards the recent high would be likely to happen.