Price now back at the bottom of its channel, retraced back to fibonacci level as expected a couple of days ago, looking for some bullish price action to enter, Daily resistance zone will be at 1280.00. Lets see if we can reach it! Trade with care : )
Price still having a lot of bullish momentum, hoping to see another small pullback to enter again. Watch how price reacts at next weekly resistance, if euro momentum keeps up & price closes above that point next resistance at 1.20 area.. The light blue line is where I entered, lets watch how price action plays out!
Price made a new higher high as predicted yesterday, now making a pullback before I believe will shoot up to the 1.1925 area (Weekly Resistance). Will be watching price action at that point as we have NFP news on Friday.. Good luck! : )
Break though supply zone where price was consolidating for some time now.. Downtrend reverse, let see how the GBP performs this month could be a possible long term buy! Looking for new higher high & lows to form is the goal! Trade with care
Called this one out a couple days ago after price was being rejected multiple times to break though support zone (Yellow Rectangle). Price then reversed and broke though counter downtrend line with a strong bullish move, GBP still having strong momentum in this pair would like to see a pull back (Higher Low) to retracement zone before going long. Good setup here,...
Update on this euro pair after a pullback was formed (Higher Low), now waiting for a break of counter trend line before entering long as the analysis points to a new (Higher High) getting ready to be formed! Simple trend analysis ...
Price currently above support level, initially waiting for price to break out of break top trend line before entering long.. Look for a bullish engulfing candle to support zone, new higher high looking about ready to be formed.. Lets see if we can get this move soon! Trade with care! : )
Price previously was making lower lows & lower highs.. Price broke out of its downtrend line after failing to break strong Weekly support zone. Looking to see if price can create now new higher highs & higher lows.. Looking for a retracement back to fibonacci levels (Higher Low) before looking for a setup to go long.. Lets see how it plays out! : ) Trade with care!
Euro for the win! Picking up back its momentum this week, while us dollar is losing strength... Price in a strong uptrend, & price retraced back to 61.8 zone before shooting back up! Consistent higher highs and higher lows. Next weekly target @1.1950 Lets get these pips!! : )
Watch for break of downtrend line. Price failed to break strong weekly support multiple times & shot back up, lets see if this could be a sign of a possible reversal.. Patience is key!!
Possible short opportunity, Price under daily resistance zone, may retest at uptrend line, shoot up from there or break through. Looks like a possible "M" formation could be forming as well. Price is in consolidation period (Ranging) So there might be a possible opportunity to buy bitcoin at a lower price if you haven't yet.. !
Retracement back to fibonacci zone, then a new higher high. CHF being the weaker pair last couple of weeks vs AUD one of the stronger pairs.. Nice setup here just waiting on pullback before going long. Price is in a uptrend... Good luck!
Watch for break of bullish penant.. Price making new higher highs and higher lows. Price already retraced back to 61.8 zone and bounced off : ) Trade with care.. !!
Back in an uptrend after breaking its downward trend line, watch for possible retracement before going higher.. next weekly resistance zone is at 1295.00
Hammer candle rejected at 61.8 fibonacci level/uptrend line.. Price currently over support.. Feel free to share your thoughts! Trade with Care!
Strong bearish move recently pulled back to 61.8 zone, lets see if CAD can pick back up its momentum.. Rate Hike tomorrow as well lets hope for some bullish action!!
Price in a Downtrending channel, currently at strong zone where price retraces to, possible reversal point as I will look for a candlestick reversal pattern.. Also possible double top formed on 60 min time frame being rejected at resistance
Nice long opportunity playing it safe.. TP:75.500 (Price retraced back to 50 zone/broken trend line retested as well. Clear bounce off fibonacci zone Good Luck!