EURAUD : Last week I shorted this pair ( seen in my previous post ) and we hit my take profit on the dot. Now, this pair could still see a movement to the downside. If we close below my weekly resistance on the daily time frame, or if we get a very strong 4HR close, I believe we could go to my next support at 1.57500 For now I'll be keeping an eye on this pair...
If you look on the weekly time frame, EURAUD will be showing multiple rejections on a very significant weekly resistance level; On this chart i'm on the daily time frame, and as of right now price is moving between two different zones, showing a strong fight between bears and bulls. My bias is short, If we get a strong bearish daily close below the grey box and...
Going long here, could have a pullback first but whatever. 4HR Closed above a very significant resistance after playing in the same area for a couple days. full analysis is on my previous post. pretty good R:R.
AUDCHF is playing games. will we close above my resistance line? who knows. but if we do, full leverage long boyz! anyway, price has been sitting at a major support for a while, and is currently sitting along our daily highs as resistance. its telling me go long, but only if we close above the main resistance ( grey box ) on either 4HR or daily. if we do, it'll...
GBP/USD Recently broke and closed below weekly support of 1.38000. and his showing heavy bearish momentum on all time frames, after a quick retrace to the support of 1.38000 on the 4HR, Price was unable to close above, therefore I believe we will be heading to our next weekly key level of 1.35500. Price should be able to quickly reach our target as there is no...
XRPUSD is currently sitting on a significant level of support after failing to close above resistance. Scenario 1: Since we are currently sitting on a support level and it is respecting the trend line we could see a possible break above our current resistance and onto our next levels at $1.10-$1.15, keep in mind, we MUST see a daily close above support AND...
GBP/CAD is showing some serious bearish momentum! After closing below our weekly key level of 1.77000 we could be heading to the next level of 1.74000 for a 300 pip move to the down side, we MIGHT see a retrace to the grey box level above as we are currently sitting on daily support, before heading down. If we close below our daily support price will be heading...