Price has broken out of a channel and should be coming back for the retest - Waiting for confimation before buys
After taking a second look at this pair I can see that daily support is constantly being tested, I am waiting for a daily close below this area and a retest before entering a short position to the weekly support area
Looking a shorting the pullback before going long as usual lol
Gold is currently moving within a wedge so im simply looking to trade the range, price has broken structure on the 1hr so looking for a retest of the area
Price is moving in a falling wedge pattern on the weekly but we are yet to break the wedge On the lower timeframes we can see a break and retest, im now waiting for a rejection candle to go short
Price has broken structure and is currently retesting the area before a pullback or the start of a long swing trade
Looking like a nice short setup, depending if this level is broken tomorrow
Looking like a head and shoulders pattern on the 4hr, admittidly the head looks a bit of a mess but you can see the pattern Price is currently retesting
After this huge push to the upside we can start looking at a short positions for this pair Price is currently at a weekly resistance level so I will be waiting for a break of structure before taking the short down to the highlighted area
Price has rejected a weekly support level so this indicates to me we are looking at a retest I will be waiting for price to break my highlighted area and look for a retest of that before going long to the highlighted level of resistance
As we can see from this chart GBPJPY has broken its weekly resistance level I am looking for this pair to retest the broken area before pushing up to the next highlighted resistance area or if the daily highs are broken then we can look to join in on the move going up
After a big impulsive move to resistance we can start looking for short opportunities for the week ahead, I am currently marking up the key levels to look out for I will be looking on a lower timeframe to enter a short position to the most recent support area
We can currently see price has retested the weekly resistance area that it recently broke out of, from here we can look to take long positions to the highlighted area if you like a long term swing trade or we can enter smaller posiitons setting TP at daily resistance levels
Looking at a short position for this pair as its had a long bull run this week with no pullback, currently waiting on price to break a level of support before taking this down to its highlighted support level
This pair could go either way, I dont see this being at a level of resistance to short just yet but it could drop based on the way the current daily candle is forming.. I will wait for price to indicate its direction before entry on this pair
EURUSD is trying to break back into its support area, we can see a Doji forming on the monthly chart which indicates an indecision.. typically this would indicate a reversal or pullback We would need to wait for price to show us what it wants to do on a lower timeframe before entry... however my bias is long
Price has made a bullish run towards a monthly level of resistance, after this kind of run we can look for a short opportunity I will be looking on the 4hr timeframe for entry and then taking it to the weekly resistance level which was broken
Price has reached an area of support where it has rejected from in the past Currently waiting for a structure break on a lower timeframe to enter a long position Please feel free to follow for more ideas