Don't get sucked into the bull trap. We have formed a bullish pennant but I don't see the break out lasting too long.
AU has rejected HARD off of a strong resistance zone on the weekly chart. We may be headed downhill from here with a full head of steam.
We may have an ascending triangle developing. We will have to wait to see if price starts to move up and break above the little blue zone where price currently resides
A short term buy opportunity. We have some buyers building a solid support
Broken trend line and we may have another retest at the new resistance but I love our short opportunity here
Bearish divergence on the MACD. We should see a change in momentum short.
RSI bearish divergence and multiple rejection candles at a key resistance level. We may see a short to the next key support zone
We should see the Aussie dollar continue to rise. We have broken well above a previous key daily level
We have made higher highs and broken above resistance. With the dollar weak, it would only make sense to go long here.
The dollar has been weak and the Euro has been dominating. We may see a break above this key resistance zone and i'll be looking for a retest of support. We have been making higher lows which also gives us a long bias. We will have to see how price responds to this zone first.
I am looking for price to break below the bottom zone here and retest it giving us a high risk R/R set up for a short opportunity
We have a nice rejection with a bullish candle right at resistance followed by an engulfing candle. I believe it may retest the high here before going short. I will look for the best R/R set up with along with 1 more solid bearish candle preferably with a wick with another rejection.
We're at a key resistance zone and are currently rejecting off of it. We will have to see if we can break above here or not. If we do I will be looking for a retest for a buy entry.
We have broke above a key level. We have a nice 4:1 Reward to risk ratio. I'd like to see one more bullish candle close strong above support
Looking for a retest off the .618 level with some bullish price action
We should see a break long here but I would like to see a retest confirming a solid support before entering a long entry.
UJ has been consolidating for quite sometime on the 1HR chart. We should se another retest to the low of this consolidation box