TacticalTrade

TacticalTrade

OANDA:AUDUSD We know the pair hit its highs in early November, but price fell after double top formation. Confirmed Bearish Flag Pattern on the 4Hr. Price fell below the 4H SMA 200. Entry areas- 2:1 R/R on a pullback/retracement. The red is the next nearest support level after breaking this current level.

TacticalTrade

We saw today the Pound held up fairly well against the dollar, even when the Fed announced they will start tapering their bond purchases & mortgage backed securities. Look for further falling price on GBP/USD. The Bank of England rate is expected to rise. On the Daily chart price is in a clear downtrend. OANDA:GBPUSD

TacticalTrade

FX:EURUSD Price ran up recently, to touch a Daily high in the falling channel. Look for price to consolidate around the resistance of falling channel. Look for 1-4 HR bearish candlesticks & moving average crossover for trading signals. Can price fall through the red support line on the daily chart?

TacticalTrade

Price broke out of a bullish flag pattern, rose through a recent resistance level. Now price has hit a new resistance level. Will price continue or reverse? Watch for candle stick signals.

TacticalTrade

OANDA:CADCHF Price on Daily chart breaks through the most recent resistance level. We can see multiple times where price tested this level of resistance. We want to look for signals that this resistance level will now become support level. Watch for price to retrace back to support and continue to push higher. If we get bullish candles, watch for...

TacticalTrade

On the daily chart, we can clearly see price break to the upside of the downtrend channel. This could possibly mean the end of the downtrend and a start of a new long position or a perfect opportunity to short if price continues to the downside. We would look for price to hold the most recent key support level. Zoom into the 4H/1H chart, look for bullish candle...

TacticalTrade Updated 

FX:GBPJPY Long term 1D, Main trend is down. Price consolidating, moving higher after touching support around 149.500. Look for price to rise to EMA 24, see if it rises. Latest price moves shows us a bullish reversal impulse break up, crossing above both EMA 24 & 50 on 1H Short term. Buy signal if bull candle confirms. 1H Short term Buy signal if bull candle...