retest-structure

Few days ago we posted an idea of that pair. Now, price is testing the level that was broken yesterday. Dollar is showing a rejection in that level, so we can expect a new bearish scenario. Check my USDJPY idea--> https://www.tradingview.com/chart/USDJPY/sqNx3Qge-Range-setup-USDJPY/

the pair breakup downtrend + retest + double-bottom

Trendline has broken and retested. Big volume in the bearish candles. The market also cross and close below EMAs. Sell according to the plan. Kind Regards, Michail Sideris

Price broke below the consolidation channel, has retest the broken structure and took the heading to the lower structure

Hello Traders, I hope everyone had a profitable week. Here is something for the next week.. AUDJPY is in consolidation zone in a rectangle channel since last few days. It seems like price is resisting and will make downward move to retest the support area. Latest Engulfing Candle on resistance level and an overbought RSI indicate short entry.

Entry: 0.73180 - Bearish breakout of previous bullish trend line - Potential reversal from bullish to bearish below 0.74000, key resistance zone - Retest of the trend line to go short Stop: 0.74050 - Placed above previous high and 0.74000 Target: 0.69200 (+4.5R)

Potential XABCD pattern has been confirmed....price has broken out of trendline and should finalise the D pattern.

sell now is very possible

I am expecting retest.

Sell on a second re-test opens a good short opportunity.

Last week, we've seen the reversal setup on EURAUD finally materialise. The bullish divergence (price made lower lows while RSI made higher lows) was another confirmation, but the rejection of the lower support level followed by the very bullish move up left little doubt. On Wednesday, price already tested the resistance level (indicated by the black horizontal ...

The longer uptrend on AUDCAD was broken at the end of last week, after the pair tested the strong resistance level (visible on the Daily) and broke through the 1.0000 level quite easily. After a retest of that level, sellers got in control and pushed the price down. This provides us with a good opportunity to ride the newly formed trend. I expect sellers to push ...

Después de haber violado un triángulo descendente, buscamos oportunidades de venta en la zona previa de resistencia, la cual coincide con un fibonacci de 38.2 After breaking out a descending triangle, we're looking to short the market at previous structure resistance, in confluence with a 38.2 fibo level Be careful this week with the Brexit News Cuidado esta ...

Here we have the daily chart following the monthly. This chart clearly shows the retest of long term Counter-trendline and also rejection off the 61.8% fibonacci level. Waiting for the daily TL will provide the optimal risk:reward to go short.

Here on the monthly chart for Crude oil we have a clean retest of the long term broken counter-trendline after a break and pierce through the 30.00 level. There is also a daily 61.8% (golden ratio) retracement which adds to my short bias.

retest of previous ascending trendline which was broken.. expect prices to bounce and continue going south

We have a potential Advanced Bat Formation forming on the hourly that comes in at a previous level of structure support that may now act as resistance. Akil Stokes Chief Currency Analyst & Head Trading Coach www.TradeEmpowered.com -The Premier Online Trading Education Company YouTube https://goo.gl/Afk5sG Facebook: https://goo.gl/VTQngr Twitter: ...

My analysis is based on structure and price action. My idea might be not suitable to use as signal. Trade on your own risk. HAPPY TRADING!!!