Selling EURCAD on a pullback towards 0.618 fib level to retest the previously broken ascending trendline and continue to the downside.
GBPUSD remains bearish as long as it holds on to the current descending trendline. We are now retracing towards the inner 0.618 fib level, where we can potentially look to open short positions and continue to the downside.
AUDCHF broke out of the ascending trendline on lower time frames and is currently trending within a parallel descending channel. Looking to open shorts on a pullback towards the 0.5 inner fib retracement zone - which outlines perfectly with our broken trendline. If we fail to see a rejection/bounce from the LL of the descending trendline, cancel order.
Looking for a pullback to retest the respectable ascending trendline and continue trending upwards. Opening longs on the 0.618 Fib retracement in confluence with the previous levels of resistance which is now acting as a crucial support zone.
Currently trending within a parallel channel. Price just recently experienced a rejection from previous level of resistance and will most likely retrace back down to our 0.618 Fib level where we could potentially open longs and continue to the upside to retest the higher time-frame descending trendline.
EURCAD currently retesting the roof of the ascending parallel channel and the previous level of resistance. Should we see a rejection from here I will be looking to enter longs on a pullback towards the 0.5-0.618 area of Fibonacci retracement, and set TP target to the outer 0.618 fib level in correspondence to our respectable descending trendline.
Looking to open short positions on a pullback towards the respectable descending trendline, 0.618 fib retracement level, and previous level of support which is now resistance.
Looking to open shorts on a pullback towards 4 hourly descending trendline, 0.618 fib retracement level, and a strong area of previous support which is now acting as resistance.
Looking for a pullback to retest the current descending trendline and open shorts around the 0.618 fib retracement area in correspondence to the previous resistance level. Overall strong zone of confluence to open positions.
CADJPY is making its way back up to retest the previously broken ascending trendline. We will be looking to enter shorts on the 0.618 fib retracement level.
Looking for a pullback on 0.618 fib retracement to retest the currenct descending trendline and continue to the downside.
Looking for a pullback towards the o.618 fib level to potentially retest the current descending trendline
Expecting to fill in the gap on AUDJPY and continue with the bearish trend. Selling on 0.618 fib retracement and a potential retest of the respectable descending trendline.
Potential H&S pattern developing on Gold. Will be looking to enter longs on 0.618 fib retracement area, in respect to the previous level of major support.
Expecting to fill in the gap after the weekend, and develop further downside from there. Looking to open shorts on 0.618 fib pullback and retest the current descending trendline.
EURCAD approaching back down to retest the respectable ascending trendline and the recently broken descending trendline. We will be looking to open long positions on a pullback near the 0.618 fib level, which ultimately corresponds well with a previous level of strong support - creating this zone of confluence.
EURUSD rapidly approaching to retest the broken trendline in confluence to our previous resistance area. We will be looking for the pullback on 0.5 fib retracement to open shorts.
After breaking below the ascending trendline, we will now be looking for a pullback on 0.618 fib retracement in confluence to the previous support levels now acting as potential resistance. Furthermore, we have a current respectable descending trendline which can experience a rejection from and we can try opening shorts around then!