usdcad formed a double bottom with massive Rsi divergence. usd pairs seem to be going bull this week based on my other usds pairs analyzed
audusd is sitting on top of the 50 EMA . i want to see price action reject this level to go long. if there is no rejection then there is no long
simple pattern. prices will fall until support
expecting more downside for the pound. realistically i would not trade this setup. its a solid setup, i would not expect to get stopped but i dont do swings for this long
audusd is continuing its bull trend. we can expect to see a retouch of this trendline before prices drop. lets watch the 0.7800 area for double tops
monthly chart breakout. we are currently over the trendline and found support on the MA's. if you saw my last post youd know what im looking for over here... according to the trade setup indications, this is a valid setup that hasnt hit tp1 yet and now has a more than 1:1 r/r more tp's for this setup can go based on your analysis. this is simply a good entry...
usdchf has found support and started trending bullish. right now we are in what you could consider a neutral zone but it is a price of interest to me as i look into going long. we have sucessfully broken through the 30, 40 and 50 MA and found support on the 50. now we are getting a minor pullback and still within the MA's trading range. the 1hr candlesticks have...
gbpjpy did a fakout of a bullish trend causing markets to spike up since sunday. now we have a bat forming inside of a shark. we can look to long in the supply zone and take our usual targets and we have a chance to enter in on the shark pattern for those targets
gbpjpy has formed a shark pattern with d a few pips under fridays close. we can look to long all the way to a 61.8
simple setup. nothing fancy
gu has come up and rejected higher prices once again. we now have the oportunity to go short again at the break of the 50 ema. gu is putting off a huge double top giving a really good shorting oportunity possibly into further levels. another tp can be 61.8 as well sl can be a lot tighter once the 50 ema breaks but ill leave that up to you ;)
110.500 area shows good resistance. sl 35 pips at 110.850 or just enter at the break of the 50 ema for a conservative entry
usdchf is giving us a couple of hints that we can be lookin to short it early this week. we have a cypher coming up around .99500 area so we want to watch closely. also a fib in there and a geometrical move up. and an expanding triangle. lets see where support gets met.
no explanation needed
we got one more chance to short gj before the head and shoulders breaks out. we happened to get a bat pattern that reacted at 162.500. we want to watch closely that same 162.500 and 163.000 to see how markets react for a double tops formation or some sort of trend reversal pattern.. if we get some bears kicking in then short the pair for a tight sl and 300 pips...
usdcad has reached a good supply zone. we can look for shorting oportunities
enter short at the break and close below the 50 ma on 15min if you want sl above recent high. lets catch some pips
audusd is putting off a nice triangle which gives us a good hint that we can continue to short it