James_1_

James_1_

looking for sells going into next week with the most recent higher low being broken. we have seen a lower time frame retest and now we will look towards the bottom of the channel but being aware we could even break through this level for the bigger rising channel also outlined.

James_1_

Sell off looking likely on this pair

James_1_

are we about to see a new downtrend now start to progress? I believe so.

James_1_

after the impulsive move down we have come up to an area around the blue line which is where I'd be looking to take the sell from for the continuation

James_1_

uptrend outer structure holding, lower 4hr trend line area broken, looking for initial targets up to the red zone.

James_1_

price showing no absolute clear direction as I do favour a move to the upside but price is struggling to get out of this range. currently price is in a push down into a correction structure again struggling to the upside so a favoured move to the downside with a target of the lower purple zone before possibly going long again.

James_1_

Recent break out of trend line structure, recent support / resistance area playing a part in becoming new support within the trend continuation pattern, more upside to be had

James_1_

EUR CAD is ranging and has been now for several weeks. keeping this trade idea real simple with the fact that we have 2 zones, upper and lower, trendiness supporting the selling idea from the previous times its happened. very simple analysis and simple trade idea

James_1_

previous supporting trend line now acting as resistance, double top up at that area, RSI divergence indicating a sell also. 2 possible targets, horizontal red line which there are clearly buyers at that zone or the lower trend line from that ascending channel.

James_1_

We've clearly seen a simple break and retest of this level highlighted in the pink zone, tested with a double bottom finishing last week off with a very impulsive bull candle. We do have a descending trend line just in play currently also but going into next week we can either expect price to get squeezed between these zones or we can expect the break out and a...

James_1_

Looking at aud jpy and waiting for it to show us if were heading further south or a possible reversal at this lower trend line zone is in play i favour some bullish action after the end to last week.

James_1_

Weekly chart, as you can clearly see the market is moving in a downward channel. I expect this to now confirm the move to the down side with the most recent double top at this previous support / resistance zone. Last candle we can see is a bearish engulfing to the previous week. Now we need to find an entry on the smaller time frame to look for a selling...

James_1_

Using both the 4hr and the daily chart here we can clearly see a clean rejection from the outer structure, following that we have also broke below the red zone which is a previous s/r zone in which we have rejected this area twice now on the 4hr chart. with that we have our red zone also lining up with the 382 and the 50% fibs almost acting as a good target area...

James_1_

Looking at such a clean set up here on the eurusd. We broke through previous support now acting as resistance. Also at that resistance level were reaching the 50% fib retracement of the previous move down. I expect targets of my 27 or 414 level to be reached due to another supporting trend line. Moving averages are still indicating bearish movement with the red...

James_1_

expecting price to break out from here with the latest bullish engulfing daily candle close it looks a promising opportunity.

James_1_

spotted this possible move weeks ago and so we now had the neckline broken on the head and shoulders pattern. We have come back up to retest the neckline of the head and shoulders pattern. With heavy rejection as expected i do expect the markets to fall from here.

James_1_

After the head and shoulders completing early 2019 we have seen the same patterns occurring which are just bearish continuation patterns on a larger scale. Of course trades can be taken on a smaller scale if needed but currently we have nothing bullish about this pair. Yet again i do believe we will continue to the downside to at least 0.92000 where we have seen...

James_1_

Trend reversal formation, head and shoulders in play. looking for short's this week after the impulse down from the outer structured trend line.