currently short usdcad. we have displayed a range for the last few day with the market being quite choppy. however we have just broken and retest the range and my MAs have crossed on multiple time frames which tells me that we may be going short.
currently short usdjpy. we have recently rejected the two above fibs 3 time now and have put in a 1 hour strong bearish close below the counter trend line, also closing below previous low in the process. i am targeting 110.00 key level which coincides with the range we have previously broken out of.
Currently short usdcad after showing inside candle on the four hour and shooting star on 2 hour time frames around a descending trend line which could be a strong barrier for this pair as it is currently bearish in my opinion. Targeting 1.3000 lows
shorted gbpusd this morning. after a ver strong bearish day a couple of days ago it seems to have sucked a lot of the upwards momentum out of the pound, which has now broken out the bottom of an ascending wedge pattern. i am targeting the base of the pattern back down at 1.20151 so we will see how this goes
currently short usdjpy. after breaking out the bottom of its recent range. It has also put in a small retest and closed below again. i am seeing this as downward pressure on this pair with moving averages also crossed to the downside on both 4 hour and daily time frames
Just entered short on usdcad after we broke the bottom of a head and shoulders pattern and are now retesting. market then rejected and put in a doji which shows indecision on whether it wants to go any higher, which along with the MA's crossing to the downside i would view the move has run out of steam to push any higher
target 1- 1.29012
target 2- 1.27334
After a loosing trade anticipating short in the process of being stopped out we broke through the current downward trend line, with a confirmed continuation aswell along with MA's being crossed to upside i am targeting a 1.27 extension of the previous move up with targets around 0.76450 area
currently short audusd and after bearish engulfing off of downward trend line on two hour after multiple rejections, market also rejected key monthly level along with MAs failing to cross to the upside on the 4 hour chart. putting these multiple confluences together i am targeting a downside move to 0.7500 area
Currently looking at a short opportunity on eurgbp. if we can close below previous candle wick then I will be entering short. We have rejected the monthly key level multiple times on daily chart and have just completed the d leg of an ebcd pattern so I'm targeting a 61.8 Fibonacci retracement back down. Several confluences on this trade with a decent risk reward...
just entered long GBPUSD. after multiple rejections of the 1.21500 strong level we have put in a higher high, higher close which signals to me that there could be a relief rally on the way for the pound
Currently short once more on audusd after being stopped out previously. it has presented another opportunity after hitting the 61.8 fib of the move down, still same targets as im still holding my bearish bias for this pair
Currently short audusd after rejection of double top structure. I'm expecting a roll over to make new lows at 0.70678 and ill be taking partial profits should the market get down to previous low. really nice risk reward on this trade as well
EURGBP showing short potential with a head and shoulder pattern formed and neckline broken. we have currently retraced back into the shoulder and are rejecting 50 MA multiple times. initial targets at 0.8400 which is a nice RR also. just waiting euro major news before entering