Broke out of high base resistance, NZD reversed & became weak.. Broke its counter trend line to the upside as well, now looking to form a new higher high. !
Price broke out of its uptrend channel & retested trend line.. Price currently at weekly support level, looking for candle close below for extra conformation. Nice setup here, & we have Nzd news later today. NZD has not been making economy expectations if we get negative news we can get a break of zone & a push to the downside. Lets see how this pair plays out!...
Price rejected multiple times on channel, pullback was made now looking to go higher.. Stop @126.60 ; Take profit 128.00
Price back at weekly support, will be waiting for daily candle close for conformation.If we get a pin bar candle below support making it resistance then I will look to go short. Wait for break of uptrend line as well will indicate bearish price action.. Got my eyes on this pair heavy as CHF has gained a lot of strength & AUD is weaker at the moment. Keep in mind...
Back at top of trend line, also under 61 8 fibonacci level. Break of this trend line will make this setup invalid. Finally time for gold to fall?? 1st target at support 1254.. will watch price action when reaching that point.. Good luck!
Price broke out to the downside, now retraced back to 50 fibonacci level/ retested broken trend line, now expecting more downside to this pair.. Keep in mind the resistance @1254.
Price in a clear uptrend.. Price tried to break through weekly support but was rejected at fibonacci level, showing upside to this pair. Now waiting on a candlestick for conformation to go long! Trade with care!
Looking for retracement back to broken support becoming new resistance, before going short.. Price making lower highs & lower lows after price rejected 148 zone & could not go beyond this level..
Price broke out of its uptrend line, 20 & 50 SMA crossed as well showing this pair is headed to the downside.. Just entered short here as price also retested broken trend line.
Price broke though its uptrend channel, then came back to retest & now is currently back under channel, waiting for break of descending triangle & break of support at 1254 before going short. Next daily zone @1243.. Lets watch how this plays out : ) Trade with care
Price back at the top of channel/Resistance zone. Looking for strong bearish breakout to indicate short.. If price breaks above channel this setup will be invalid.. Good opportunity here if price plays out correctly!
Price in a downtrend making lower highs & lower lows.. Price currently under weekly resistance zone (111.000). If price stays below this zone we will see more to the downside.. If downtrend line/resistance breaks, price could push to the upside.. Bearish outlook still!
Price under weekly resistance zone now, still in a downtrend after shooting star reversal to 1.66500 (Weekly Zone). Look for breakout of trend line to go short, next zone @1.63500.. Trade with care!
Watching price action this week, looking for a retracement back to fibonacci level before setting my entry, overall looks like I have a bearish outlook as GBP failed to make news expectations, and the dollar gained strength to finish off the week. Lets see how this plays out.. Nice possible opportunity here!
Price making higher highs & higher lows, CHF having weaker momentum as well. Last week price consolidated... Solid setup here, lets see if we can get a break to the upside this week! Trade with care!
Looking for a breakout of "wedge" formation. Price currently at Daily support level/61 8 fibonacci level..lets see if we can get some bullish momentum soon !
Dollar regained strength during NFP as I hoped it would, now we are back at a daily support zone/uptrend channel bottom, waiting for a break retest of trend line to look for a short, possibility of a retracement back to fibonacci as well where I will watch price action to see where it heads from there. More big news for the dollar next week lets see if we can get...
Nice setup here as well if the dollar regains strength, you can see price broke its uptrend line & came back to retest it... This is an indication that there is high probobility that we will see a drop.. Nice quick news trade opportunity if everything goes as planned! Good luck & limit as much risk as possible!