Price approaching the buy zone again and could test the uptrend line again soon. Move cause by upbeat US PMI today.
Perfect buying opportunity with a stop buffer below the zone. First target at the recent highs.
RBA hawkish tone overnight strengthened AUD, now approaching resistance at round number, testing yesterday's highs. Look for reversals and patterns on smaller time frames, or see if the price continues to push higher.
Another touch and bounce on the uptrend line after rejecting at the top of the range. Wait and see if we pull back from here to enter short early on a smaller time frame before the line break. Or looks for reversal patterns.
Price got rejected at resistance at the start of the gap. Approaching buy zone again and 200SMA. Great opportunity to catch the next rally, target to close the gap. Stop with a buffer below the 200SMA.
With PM May going to Europe to beg for more time, the pair is highly volatile to any news. Technically shows lower highs near 1.30 support zone. Could enter a short earlier, but it is dangerous with Brexit.
First trade going well at the low of the shoulder. Next long added through the break of the neckline. A recent close of the hourly candle above the 200SMA gives higher probability that pattern will be triggered. Good luck!
Falling wedge still intact with 61.8% fib level still holding and confirming this as a pullback. Previous break was not confirmed, need to close above the 200SMA. Higher probability is on the upside. With FED lowering projections and a chance of FED lowering rates in December, investors may seek to short the dollar. ECB Draghi on March 10 could provide rhetoric to...
Tesla missed its Q1 shipping projections and markets should gap lower today on the US open. Forming a reverse pattern on the right shoulder. Good opportunity to buy. Potentially wait for retest of the green buy zone to buy.