DwayneHughes

DwayneHughes

EURCAD Look for reaction to trend line and confirmation of either continuing trend direction or a change in trend direction.

DwayneHughes

After breaking the Trendline USDJPY began to Sell and pulled back to the 50% Fib level. Now we see an M Formation currently in play.

DwayneHughes

Descending Wedge Formation on USDCAD. Current Break of Wedge indicated a possible sell.

DwayneHughes

Strong Bullish momentum for EURUSD. Head and Shoulders pattern formed on the 4-Hour Timeframe. Being at a key level outlook remains neutral. Will look for confirmation of continuing uptrend or change to downtrend.

DwayneHughes

Ascending Triangle leading up to a key level up to a key level for GBPUSD. Current outlook is reactive to what the market does. Will take long or short position depending on which break we see.

DwayneHughes

Gold Pull back to Trend-Line before continuing Strong Uptrend

DwayneHughes

USDJPY Double Top / M Formation on H-4 Time frame after breaking and retesting the outside of the descending wedge. currently looking for a Sell Towards 104.394.

DwayneHughes

USDCAD Descending Triangle on H4 Time frame. Currently expecting a break and retest of the trend line for a long term buy position towards the upper 3 resistance levels. Conversely price can always be a potential sell. Will wait for the break and retest before entering position.

DwayneHughes

Triple top formation caused price to sell towards the middle trend line before seeing some resistance. Price will either respect this trend line and buy towards upper trend Resistance Trend line or break and retest for the continuation of a sell towards the lower support Trend line .

DwayneHughes

GBPUSD has crated a Double top and has shown some resistance at the neck line. The strength of the resistance may take price back to resistance level 1.31626 or we may see a break and retest of the neckline for the continuation of the M formation towards the lower trendline.

DwayneHughes

USDJPY SELL AFTER BREAKING AND RETESTING OF TRIANGLE. SELL TOWARDS 104.394 AS TP - 1 AND 102.394 AS TP - 2.

DwayneHughes

UPWARD CHANNEL ON EURUSD. SELL TOWARDS LOWER TREND LINE. Short Term Trade.

DwayneHughes

Ascending triangle on GBPUSD. Sell to lower support of triangle in play.

DwayneHughes

Strong Uptrend for GBPUSD. If we see a Break and retest of the trend line then I'd be interested in a Short Position towards at least the 1.27547 level. On the opposing side we may we may see some rejection at one of the key Fibonacci levels for the continuation of the uptrend so be on the lookout for that. Overall i am looking forward to the Sell.

DwayneHughes

EURUSD has been on a very strong uptrend. If this is not the beginning of the downtrend then this may just be a pullback to one of the key Fibonacci levels. Overall I am looking forward to a sell towards the 1.4510 level and possibly beyond that. *Currently officials in the U.S. are still discussing what is to come for the next round of Corona-virus Relief. Once...

DwayneHughes

After price Sold past 1.33828 it broke back above that level. It is now showing Strong Resistance. Overall I am expecting a buy to at least 1.35062 but because we have a lot of buying pressure there may not be another retest to the 1.33828 level. Will Monitor this trade for holding past the 1.35062 level.

DwayneHughes

Price Recently Bought to Support Level 105.894. At the current level we could see some Resistance. I expect to either see price Sell towards the Mid-Level 104.655 or break the resistance and Buy to 106.715.

DwayneHughes

EXPECTING USDJPY TO PULLBACK AND RETEST 105.894 BEFORE CONTINUING TO 106.715. THERE IS ALREADY REJECTION AT THE 38.2 LEVEL OF THE FIBONACCI.