Good R/R for sells at current resistance level.
After completing a 61.8% retracement in confluence with the 1.75 Key Level, EURNZD should begin to make it's way to the downside and create a new low. Stops above the previous swing high were taken out last night. TP1: 1.7320 TP2: 1.7230 SL: 1.7525
Double Top Formed, With a pinbar closing on the 8H timeframe. NZD has been getting destroyed for quite some time now, so even though this is counter-trend, I see good potential for a longer term swing
Aussie had a strong run the past couple weeks and it appears to have now slowed down. Week of 9/16/2019
AUDCAD is trading within Consolidation Range, with multiple rejections at resistance. R/R is 2.28 for this trade Week of 9/9/2019
EURCAD Short Week of 8/12-8/16 Anticipating USD and CAD strength which should provide a nice trade on EURCAD. Will update as week progresses
GBPAUD Short Opportunity Week of 8/5-8/10
Good Morning everybody, it's been a little while since my last analysis. Today i'm keeping my eye on the aussie yen cross for a potential breakout to the upside. RSI and Momentum indicators are giving a buy signal on the daily chart, so now I'm looking for price action confirmation to take the trade. Overnight we had a breakout of the downtrend on the H4 chart,...
EURJPY bounced off 123.5 support and indicators point to a continuation to the upside
Good breakout above resistance on the AUDCAD Daily chart. Waiting for price to fall back into my highlighted reigon near 0.958 before entering a long trade. Target is 0.970
GBP on the backfoot after this week of Brexit uncertainty. Sellers should be in control for the next week or two.
Taking a long position on CAD before NFP Friday. Ideal entry just below 0.95, with a target of about 100 pips to the downside
Some volatility is expected this week with Interest Rate decision on Monday and Retail Sales figures on Tuesday. If the 79.00 Level ends up being taken out, I am still looking for short opportunities above 79.60
1.780 Resistance has proven to be a strong barrier. Great risk reward with this trade setup if entry is above 1.775
Price has pushed back into my critical region around 1.590. Reversal pattern forming on H4 Chart, great risk/reward with entry above 1.5890
38.2% fib retracement hit on H4 Chart + retest of broken trendline.
EURUSD at 20 month lows, Anticipating 1.10 to be tested within the next couple months.
Structure presented on H8 chart. Waiting for a breakout to determine next trade.