Been waiting for a long position for quite sometime. I think AUD long in general against other pairs is ripe.
There is is still a lot of upward momentum, but looks like a promising pattern.
All depends on momentum. Breaks coming threshold may surpass...
Retrace. Conscious of the "M" reversal pattern as well. So Long would soon ensue.
The medium term perspective for me on AUDJPY is short. Looking for pullbacks on daily and shorting for weeks on end at a time. At least that is the plan.
Valid short below 1.29.
I think this would be an ideal entry point for a long position i.e. we are through with the lower time frame pullback. The trade has high likelihood of panning out I think.
To complete the rough cypher, I believe on the weekly that is a bullish pennant, and around approximately half way of the move.
Hang Seng just broke through another significant level
This parabolic advance came to an end, if it has not it means USDTRY MUST get to 10.000 in half the time it got to 6.10 from 4.000. I think that is improbable but not impossible. This is a retrace play (all the smart money in my view is either now out, or waiting for a deep retest).
On credible long signal a long entry is made... long term it is short after a retrace
A nascent reversal is forming on 30 min on BTCUSD....
EURUSD hit a major support level, a retest I think, so a cautious buy at 1.163 would be worth while, for it it flies this time it will be strong and rapid I think.