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Entry : 80.152 Stop : Above Resistance First Support Area : 78.751 Target : 76.479 Break even when price breaks through first support area. Pin Bar on 2 day chart timeframe.
Entry: 1.5294 Stop: 1.5365 Target: 1.515 Minor Support: 1.5262 Breakeven: 1.52157
EURCAD Possible Short. Trade this carefully and wait for a signal.
Potential for short at resistance. Keep an eye out on this trade :)
NZDUSD is currently on resistance. Could this be an indecision candle on the 12 hour chart for a long signal from resistance?
If USDCHF closes as an indecision candle, we may have an opportunity to go long on USDCHF.
A simple idea but trade with caution. Could USDCAD go up for a long trade after this fall? Let's see.
USDCAD has broken out of a trend channel. Could we go short after a retest or bounce off resistance?
The market is currently on support showing signs on a bullish pin bar on the 8hour chart. Could the market give a 2:1?
EURUSD has been showing some short signals at the resistance. Go for a 2:1 if all is well when market opens up.
AUDCAD has made a strong bearish move over the last couple of days, it fell so strongly that I am now expecting a pull back of some sort to the resistance area, I will then await bearish confirmation to enter a short.
This is quite a simple analysis of what may happen to the AUDUSD. On my chart analysis AUDUSD is currently at resistance/support. In my view there are two routes, both routes are outlined in the charts as red and orange. There is potentially a 2:1 RR trading opportunity here.
If the AUDCHF resistance stays strong and rejects the price movement upwards, it's a good opportunity to short.
Could GBPCAD break out the triangle, pullback before proceeding to fall down?
I know this sounds bizarre perhaps to some of you but not impossible. If the following chart pattern is a rising wedge and breaks out the bottom and falls the same distance as the pattern then you can possibly be looking at a 1:20 RR. Just keep an eye out on this currency.
The NZDUSD seems to be forming a head and shoulders pattern. With further bearish confirmation you can short this trade with a good risk to reward ratio.
The EURAUD has been ranging for a while. I believe it has hit the bottom of the range where support is and is looking to go upwards. Also the parabolic SAR indicators are giving indications of a buy.