If this bearish trend continues from the last few weeks, price could go to the next major SR zone. If price is making that lower low early next week, step in for a 1:2 RR ratio trade. Comments or idea's, let me know! Thanks and good trading :)
Long term trend is bullish, this pair just bounced from the trend line and has a strong doji signal bar indicating reversal to the upside. Move into the trade with a stop well below this candles low. This trade is good for a 1:3 RR ratio. Comment's or idea's, please do post them below :) Thanks!
A longer term outlook on this pair. It has posted higher highs and higher lows over the course of the last half year. Last month and this month it seems to be breaking out of its ranging behavior from earlier this year and looking to make moves upwards again. On the Daily we see seller rejection with the long wicks and an indecision candle forming, the channel...
On the 6 hour there's a pinbar with a long wick down suggesting good selling rejection. If price makes a higher high, enter and there's a good 1:2.6 RR trade to be made until it hits the next Support and Resistance level. Comments, suggestions, etc. Please do post :) Thanks and good trading!
This pair is on a decline on the weekly chart and the move down to the 0.7 price zone is likely. This is the price zone of the massive downward movement seen in January 2015 . Take the trade as shown on the chart and it's good for a 1:4.5 RR ratio. Comments or idea's, please do post them :) Thanks for reading!
This pair is moving for quite some days in a bearish wedge, any day there could be a break to the downside. See the chart for possible entry and exits. Next Tuesday however there's a rate decision for the AUD currency. Be aware of volatility around this time(!) Idea's or comments, please do post :) Thanks!
The daily shows a clear reversal signal with the doji candle and strong bull rejection. This can mean a good move down into previous SR zone of 75.5. Comments or idea's, please post them below :) Thanks for reading!
The 12 hour chart and daily chart show clear reversal signs, long wicks at the top where further movement up was denied. If former price action is any indication, price is likely to move to former resistance levels around 1.122 Comments or idea's, please let me know below! Thanks for reading and good luck trading next week :)
On the 4H chart we get two rejection pinbars signalling price is likely moving to previous Channel high and possibly further. A "safe" setup is good for about a 1:2.2 RR ratio trade
There's a strong move down on this pair as seen on the Weekly chart, The daily shows a good doji signal and buy resistance from the large upper wicks. Let's wait for a break of the SR zone to go into a sell. This setup for the first TP is good for a 1:3.3 RR. Hold it longer for a 1:6 RR trade. Eventually it looks like this pair will move to the major SR zone of 72.
Channel top and clear reversal candles give us three Take Profit opportunities as indicated by the green area's. This move can yield a trade for at least a 1:2 RR up until 1:7.4 RR ratio. Enter on lower low and keep an eye on these 3 TP levels. Idea's or comments, let me know below :) Thanks for reading!
This pair is in a downward movement since last year, if this trend continues the market can be near another sell off area due to a bear flag/wedge forming. Two green lines represent possible trend lines it could follow based on current price action. Likely this can take several weeks to form, so I'll be following it's movements in the mean time. Comments or...
CADJPY has been ranging in between 86.3 and 84.6 for quite a while now. On the 8hour chart a pinbar formed which may signal another reversal. If price moves down sufficiently for a good lower low, there's a good probability it will move down further for a nice 1:2.7 RR trade. Comments or idea's, please let me know. Thanks for reading :)
This pair has bounced off this price zone twice before in recent time. There's a pinbar on the 6 hour and with a good higher high move up there's a nice entry here possible for a 1:5 RR ratio trade Thoughts, idea's, please do let me know. Thanks for reading!
Price is moving around a SR zone at this moment, let's see it breaks it first (and retraces back) before entering this trade. Then there's a likely move to the channel top. Looking left of the chart there's another SR zone around 128.5, put your TP in this area. Comments or idea's? Please do let me know. Thanks for reading!
Likely a move towards the channel top is expected, on the 8 hour a pinbar is forming. If price moves further up for a higher high a good conservative 1:2.7 RR ratio trade can be made
There's a triangle formation forming, if this channel breaks and we see a higher high. That opens up a good 1:2 RR trade Comments or idea's, please do post. Thanks for reading!
Price has been moving in this channel for some time now, on the 4 hour it looks sellers are going to take price down to the next SR zone. Enter this trade on lower low for a 1:2 RR trade Comments and idea's, please do post :) Thanks for reading