Buying pressure kicking in looking to move to the next higher high
We had a big drop but buying pressure held up to form a double bottom we look for reversal signs at the highlighted area to enter a long posistion
Price is potentialing forming a higher low after a recently formed higher high will wait for the break and close above previous high to enter long
sellers showing pressure after a bull rally expecting a drop to daily trendline support nice swing trade once activated
EXpecting this pair to show signs of reversal at current level if price shows signs we can plan a long trade setup if price breaks down further we wait for possible reversal zones to show strenght
looking to short chfjpy with a good risk to reward ratio
Eur cad had a big drop looking for the next swing low
Higher low formed on daily uptrend 2 bull candles formed high probability of price aiming to retest previous resistance
Currently in a wedge looking to grab a few quick pips risk to reward ratio is looking good looking to get long
We had a sharp spike in price that wiped out almost a year of bear momentum now price is at previous resistance we have two nice rejection wicks on the weekly chart we will see if the level can hold on the daily chart and form some sort of bearish confirmation looking for a move to the downside to test previous break of structure and form a higher low
CURRENTLY IN A UPTREND DAILY BULLISH ENGULFING CANDLE FORMED SIGNS OF POSSIBLE CONTINUATION
If you took the GBPUSD trade with me you would have scored 300pips profit now we will look to squeeze more pips out the market about 200pips with the next opportunity if it presents itself Clear rejection at previous support level we are looking for another rejection or lower high to go short to 1.27000 (Strong support level)
possible reversal on weekly trendline wait for confirmation on daily chart then go long till 1.59000
Break of upward trendline retest complete lower high sighted wait for next lower high or bearish engulfing candle to go short
Expecting higher low to form to go Long at fib extension level 78.6 level at strong rejection level will update soon as move starts