EURNZD H4 - Break and retest seen here on EN, potential downside mileage as we catch more volume, early on during the week, expecting more to unfold, hardly anything on a data front to move markets so just need to sit and watch.
GBPCAD H1 - Starting to restrict a little here at this resistance zone. As indicated, we ideally need to break and retest this resistance (turn to support), when we find support on the retest, this could be our buy opportunity. Break and retest is imperative, otherwise you'll effectively be buying from resistance. Some other GBP pairs looking like they want to...
WTIUSD H1 - Hourly timeframe, will take a fair few hourly candles to see a nice new high set and subsequent trendline test. Hopefully we can look to grab another entry next week, similar to the one we caught this week. Strong S/R and TL intersection point
USDWTI H1 - Ultimately long bias on WTI for obviously and explained reasons over the last few weeks. Pulling back to this trendline support so we could see a bounce here to break the higher timeframe resistance. More noteable support zone at 31.30, so in the case we pullback this far, it could be wise to load up on positions.
BTC : USD
In this pattern we see a descending wedge forming. "The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. In contrast to symmetrical triangles, which have no definitive slope and no bias, falling...