See chart. I try to keep my explanations simple.
This is a short term long play on AUD/USD. As you can see we were just in a down trend as per the 2 blue trend lines. Followed by consolidation by the red lines. Starting to double bottom. Looking just for a 1:1.5 risk to reward. Market is still a bit sluggish so lowering my reward. Lets see what happens.
Look for bearish momentum as we break below 3864. We are forming a head and shoulders pattern and breaking down into sekou span A.
Look for support at 1884.20. We are still in a uptrend on daily chart. Look for consolidation in that zone.
See chart. We are forming a inverse head and shoulder/hammer at the 0.93273 area. Look for movement to the upside.
We are in a sideways market on the AUD/USD. Good are to short is 0.94395. Look for movement to the downside.
Crude oil is in a uptrend.. Potential long position here. We will look for price action here. Specifically pricing to go sideways and to break out.
We are retracing back into the 102-103 level. We are still in an uptrend. Looking for a bullish inside bar to go long.
A lot of resistance on this pair. Would much rather trade the AUDUSD. The AUDCAD has a tendency to range a lot.
See chart. Look for a bounce off of 101.350 level. Or a break down and short.
After a long consolidation we finally broke out above 0.92648. We should see price to continue to move higher.