The NZD.JPY is one pair on today's pending order list. I will run through the basic technical analysis post London market open.
The EUR.USD is one pair on my watchlist into Monday / Tuesday. Although i posted a H&S formation on Wednesday, price has now failed to accelerate away from the 1.0550 level after forming a low test candle. Due to the this weak bounce of a strong support level, i will be looking to take this pair short into early next week.
The AUD.CHF is one pair on my watchlist into next week. We have now seen price break and retest an historical trendline dating back to 01.12.2015 We also have a very clear uptrend dating back to the 30.12.2016 With a trendline cross forming at .7700 it gives us a strong area of interest. I will be looking to take this pair long into early next week if the 4hr...
Short term consolidation Downtrend breakout Possible breakout triangle This is my general outlook on the pair. Will be looking for a nice reward risk setup during the upcoming week.
I am looking for a buying opportunity at the monthly support on this pair.
On the EUR.CAD 15min chart we have a potential short opportunity at the D leg completion of bearish Cypher setup. The price reversal zone on this pair is between 1.3890 & 1.3914 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Cypher setup placed at the .382% and .618%...
Good afternoon traders, A number of followers here on TradingView have asked me to run through my analysis on EUR.JPY in a little more detail. As the position has now closed i thought i would break down my analysis here on the Daily TF. Although there is more information on the 1hr and 4hr TF i hope it has been beneficial. Have a great week.
On the EUR.NZD 1hr chart we have a potential long opportunity's at the D leg completion of bullish Cypher setup. The price reversal zone on this pair is between 1.4695 & 1.4657 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Cypher setup placed at the .382% and .618%...
On the USD.CAD 4hr chart we 2 potential trade opportunity's at the D leg completion of Bearish Cypher & Bat setup. Bearish Bat Setup ( Grey ) - D leg completion 1.3338 Target 1 - 1.3197 Target 2 - 1.3109 Bearish Cypher Setup ( Grey ) - D leg completion 1.3169 Target 1 - 1.3107 Target 2 - 1.3069 Bearish Bat Setup: Stop loss would be placed above X leg...
Waiting for 4 hour close to retest wedge and head up. Simple risk reward set up, buying the breakout.
The GBP.AUD is one pair on this evenings watchlist. I'm awaiting confirmation on the 4hr & 1hr TF's prior to setting any pending order. If it meets my rules to do so i will be taking this pair short expecting a retest of the 1.6000 psychological level.
The USD.JPY is one pair on this evenings watchlist. I'm awaiting confirmation on the 4hr & 1hr TF's prior to any entry. If it meets my rules to do so i will be taking this pair short expecting a retest of the 112.00 psychological level.
On the GBP.AUD 1hr chart we have a potential short opportunity at the D leg completion of bearish Bat setup. The price reversal zone on this pair is between 1.6368 & 1.6398 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Bat setup placed at the .382% and .618% retracement of...
The AUD.NZD is one pair on next weeks watchlist. I'm awaiting confirmation on the 4hr & 1hr TF's prior to any entry. If it meets my rules to do so i will be taking this pair short expecting a retest of the 1.0570 support level.
Falling Wedge on the 4 hour. Trendline has been retested on the 4 hour.
Waiting to go long on the retest of the trend channel. A falling wedge seems to have formed on the daily so this pair looks bullish in the bigger picture. This is a simple short term trade setup.
On the EUR.JPY 1hr chart we have a potential long opportunity's at the D leg completion of bullish Bat setup. The price reversal zone on this pair is between 119.554 & 119.330 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Bat setup placed at the .382% and .618% retracement of...
On the EUR.GBP 1hr chart we have a potential short opportunity at the D leg completion of bearish Cypher setup. The price reversal zone on this pair is between .8598 & .8638 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the Cypher setup placed at the .382% and .618% retracement...