bear flag on KIWIDOLLAR further continuation to the downside following the current trend
i believe that GBPUSD is going to push upwards after retestin this key zone and the long wick here confirms it.
good short opportunity coming up for USDCAD. catching resistance level and will continue the trend downward.
going long here on GBPUSD. Looks to be a whole lot of pips
good potential long coming up next week for GBPUSD... looks like it will bound right off of a support zone as well as the 200 EMA and start to trend upward. WORTH the RISk
Big news today so this may be skewed a bit. but we are looking at a great technical bounce off the trendline. three bounce rule, going to be looking at a drop after this retouch of the trend line.
nzdusd is about to go long. It broke the resistance, has retested and will start to rise. i believe price will make it to atleast the previous high before retracing again.
EURUSD has been extremely bearish this month and it is safe to assume that the trend will continue down unless proven otherwise. Price is retracing back to a key level around 1.1435 will retest that resisitance level and will continue its drop towards 1.12. Look for a test and retest of the zone and then go short on the next bearish engulfing candle close.
a great play here at the moment for USDCHF ... will continue to consolidate in the box. move stops to breakeven as quickly as possible for this trade as it is on a lower time frame of 1hr
very good short coming up on this pair! Set up couldnt look any better, break of an uptrend, retouch candlestick on the 50% fib line which is also a new key level of reisistance, and this pair is about to melt in the coming days/weeks. Cant wait to see how this trade plays out, Could be the trade of the year.
the 4hr and 1 hr chart lead me to believe that the Dollar is about to rise on the yen. the 4hour chart has shown that usdjpy is in an uptrend for the last month or 2. it has been exhausting to a key level of support, The pair has just broken it's short term resistance, is retesting and now i believe it is about to go to the moon. Blast off.
bullish engulfing candle on the daily chart. go long
Bear flag! currently breaking to the downside, wait for today to close and then look short for the next couple of weeks. about to be a large move to the downside!
although this pair will most likely continue to rise for at least a little while before becoming bearish, it just broke a trendline and should continue to the downside at the present time to grab a couple of quick pips for Daytraders