Looking for a deeper pullback with some struggles to perhaps go with the buyers to the recent high. Or higher :)
Looking for a further push up from this pair to the recent high.
Seeing the buyers are able to hold ground, It is anticipated that another push would be able to go towards the top of the range or higher :)
Seeing price being able to hold above 43. Anticipating a buyers to be able to push price towards the recent high.
Seeing the struggling buyers, would be anticipating the sells to be able to push towards the recent low on the 15
Anticipating a push to the north as we are seeing some slow downs from the sellers at the moment.
Seeing price slowing down massively around 40, would be anticipating price to push up towards recent high.
If the buyers are able to hold their grounds above 54. I am anticipating a further push up towards the north.
Buyers have pulled back to a price of interest. Will be anticipating a push at least towards the recent low.
If price are still struggling around 52. A drop would be anticipated towards 30.
if price are able to struggle its way up to 250, a sell opportunity could be presented there.
Seeing the struggle of buyers towards the S&R, would be a good area where sellers would take their turn on the sells.
Looking to sell this pair as it comes up towards 2100. If it comes up way too aggressive, the sells would be off. If not, would be expecting to take the sell there to at least the recent low.
As we can see from the daily we have made the first steps for a trend change. We have recent higher highs and higher lows. We are in an upward channel. From the 4h we can see that the sellers have came in with a struggle. The only real attempt from the sellers was on 7/26 and they were not able to break out of the lower part of the channel. It is also support...
As you can see from the daily chart we have reached an area of interest (my green line). Buyers have struggled to get here and momentum is fading. We have also made a lower high, but the lows have been holding ground. This could be due to the AUD weakness we have been seeing lately. The good news is most of the AUD crosses are at areas of interest and could be a...
As you can see we have worked ourselves to a key level. From the daily chart we have a lot of resistance in this area and slightly above. I also see that momentum is slowing as we approach the 83.52 handle. I just need to see sellers show up with some strength. Roughly come back and test the 83.00 handle and then I would like to see buyers attempt to come back...
On the 240 chart the CADJPY has been pulling back to a key level. Price got pretty parabolic and then we see momentum has just come to a halt. We were in a range for a few days and now price has spiked up out of the range. The range break was fairly structured, but I don't trust it. If the current 240 candle closes as an exhaustion bar then I will plan for it...
As you can see from the daily chart we have been in a down trend and just recently hit a low. From the higher TF we are testing the recent low and price really has not had the power to push price up from here. On the 240 chart we have pulled back to a key area and momentum has started fading. The most recent 240 candle is very aggressive and I like how the...