supportturnsresistance

The_Pip_Trader

FX:AUDUSD Break and retest on AUDUSD to go short, with the bearish engulfing candle as an entry confirmation.

The_Pip_Trader

OANDA:AUDUSD A break and retest of key support turned resistance on AUDUSD. Bearish Engulfing candle is confirmation to go short

The_Pip_Trader

OANDA:NAS100USD Nasdaq has broken it bullish move. The head and shoulder pattern was an indication of trend changing to bearish and the pattern proved to be bearish. Currently awaiting on a retest at key support turned into resistance. A bearish engulfing pattern will be a confirmation to go short on Nasdaq.

The_Pip_Trader

OANDA:GBPJPY GBPJPY broke bullish structure, I am currently anticipating a retest at support turned into resistance to go bearish on GBPJPY

Juliac

AMZN has now joined several other FAANG stocks in missing earning expectations, adding salt to the wound is that it has also given a weaker outlook for the next quarter. When more and more heavy weights start to roll over, then it is likely that Nasdaq will not bottom out so soon. Medium outlook is bearish with possible next zone of supports between 2030-2180...