StaffordTrades

StaffordTrades

I have just noticed after analysing this chart over the weekend, price is dropping and the conformation of a (head and shoulders) pattern has been completed as we have come down to the support zone, this support looks pretty strong as it as been tested once and then it hasn't been tested again until now. if it breaks this and we get confirmation of that we should...

StaffordTrades

Price was previously in an uptrend and after waiting for price to break that support level we can see that price also rejected a 50% fib retracement level within a bigger time frame downtrend, that only indicates to me that this could see more downside movement in the future. Trade safe.

StaffordTrades

Since AUDUSD has broken the upchannel support level i have personally looked to short this market down to the shown level. if price continues to drop through that second support level we could see this fall to the next level of market structure. As we can see the pair is extremely bearish at buyers have no chance as of yet.

StaffordTrades

Broken uptrend support, price came back to retest that level. we can see a wick rejection off that level creating a new resistance zone. price should now continue to the downside

StaffordTrades

After hearing the news about prime minster Boris we can expect the market to open with a gap. potentially more to the upside then not, if this happens price could either come back and retest the current resistance level or head back down and keep it as a resistance zone and reject it to continue to the downside throughout next week. We will have to keep a close...

StaffordTrades

USDCHF possibly making its third touch of the uptrend support, i have already entered based on price action around current levels of structure and am hoping price continues up towards the end of the week and possibly into next week. will be keeping an eye on how and when price pulls back and how far it pulls back. Thanks, trade safe

StaffordTrades

Possible "M" formation forming with this pair, this analysis is very simple for me i have kept it this way because its alot easier to see what price is doing, we will just have to wait and see what happens towards that resistance level and if it does reject that level and that becomes clear then we will look for entries to the downside as shown in the chart. Thanks:)

StaffordTrades

Possible short cooking up nicely if the retrace happens correctly and follows analysis i will be looking at entries around the 50 mark or below after rejection of those levels take place. successful head and shoulders pattern completed previously so now price always retraces itself so we just have to be patient and wait for that to happen and then we can dive in...

StaffordTrades

Currently looking at GJ long again... i have a lot of history with this pair, lol as we can see clearly now that there is an recurring pattern with in a sideways channel(consolidation) that we can trade. up down up and down again until it breaks and then at that point we can look for entries as to where and when it broke the pattern. easy support and resistance...

StaffordTrades

Looking for this pair to break the up channel support we can clearly see, this pattern has happened previously and everything has lined up nicely for it to happen again. lets see how price comes down and reacts at that level of support but I will be going short. Thanks, trade safe

StaffordTrades

Shorting AJ right now, clear downtrend and i have been waiting and watching price as it reacts in the box, since it has been broken there is a possibility it could continue the downtrend if it doesn't rise to make a third touch of the downside resistance?... Patience is what we need now :) Thanks

StaffordTrades

My simple analysis on this pair, I have looked over all time frames and this is one idea I have come up with the possibilities of where the market could go next week. this pair has been experiencing big movements recently so we have to watch and trade them correctly. I have looked at key levels of support and resistance and seen how price is reacting around those...

StaffordTrades

Testing some forecasting tools and this is roughly what i believe as of next week. price will rise to the previous support level of 136? rejecting that price and then continuing the daily downtrend. After a very successful trade last week on this pair i will now be watching how price reacts around the levels marked. Trade safe. :)

StaffordTrades

Potential breakout of a currently forming bullish pennant? This is a larger ranged pennant but i will be keeping a close eye on how this pattern plays out and if we manage to push through and break that resistance i personally will be looking to go long on this pair. Trade safe, thanks.

StaffordTrades

huge potential move to the downside if this pattern plays out correctly here. as we can see we are looking at a potential head and shoulders pattern which we are all familiar with and how it can have a huge impact on the market when it comes to trading price action. we have no real indicator as to where this pair is going as of now so i will be waiting patiently...

StaffordTrades

Another pair i have been keeping a close eye on this week is GJ, due to news this pair is rocketing in both directions. if the pound manages to break through the current resistance level it is sitting on then we can easily LONG this pair and ride it up to the previous resistance. but at the moment it is still currently rejecting that level on smaller time frames...

StaffordTrades

My thoughts on AUDCAD are as follows, i am seeing bearish momentum within this downtrend that is clearly visible. i have kept this analysis very simple as it does not need to be complicated on something like this, news is making this pair move so volatile and that is why it is an easy opportunity to enter, i am currently waiting to see how to pair reacts when it...

StaffordTrades

I have been riding this wave with GJ for weeks now! and it has been paying me really well, the set up i have for this is currently a SHORT, due to surpassing previous support levels/zones and continuing to the downside everyday. the GBP at the moment is extremely weak just like a lot of the pairs last week we were able to short a lot of them! looking into next...