Waiting for a breakout and a retest on the neckline for a major push past the major trendline.
AudUsd currently in a bullish zone after it break the minor trendline and retested the previous resistance. It is forming an expanding triangle and it is showing that it is projecting towards a major trendline. Currently in a bullish bias for this pair.
Currently at a major trendline, it is expected to break and retest at the previous resistance, it also shown inverted head and shoulder pattern and already retested the neckline of the pattern.
At a major trendline, expecting NzdUsd to show a bullish rejection in this area. A break of the minor trendline will indicate NzdUsd is moving towards the major trendline. Overall it is forming a bullish pattern unless it break the major trendline.
After gold break a major trendline and support, it shows gold is now showing bearish momentum and expected to make another lower low. Expected to retest the previous support, Gold is expected to make a new lower low.
After breaking major trendline and closing with bullish momentum. It is expected that UJ will move towards the previous high.
After breaking the inner trendline, GU is showing bullish momentum. Expecting a retest of previous high before moving towards the major trendline.
EurAud, in a confluence level of forming HNS setup and a break of the channel signifying a bearish momentum buildup. Expecting a retest before continuing its bearish momentum.
expected a bullish rejection in the area to continue on its trend movement. A confirmation after the breakout of the pattern would be an ideal 2nd entry buy.
Near our edge position to enter buy. Looking for any bullish rejection to open entry. Still in favour of being bullish as long as is didnt break the trendline.
Bias of being bullish, strong bullish area. Overall trend still bullish. Looking for a bullish rejection to the target area,
Looking for bearish rejection for another bearish impulse to the downside.
After it break the triangle trendline, it showed it respect the bearish momentum and thus bearish trade based on the break of the bearish flag pattern.
Waiting for a break of the low to validate the bearish flag pattern and activate the trade.
Currently developing bearish flag pattern. Waiting for a break of the low to validate the move.
With developed 3 drive pattern and a rising wedge, GJ is a waiting game on a break of the low to confirm on the pattern bearish development. It is near resistance level and still have some room to move up. Sell stop in place to trigger the trade if build up.
Good risk and reward , still waiting at the edge zone for better entry.
Still maintaining bullish structure, looking for an entry at the 3rd touch trendline. If break to the downside, will see if it break the lower low for any sell opportunity.