this pair in this timeframe is showing a downtrend and with good strengh according to CS0.00%% but a retracement might be in the beginning stages, we have an engulfing candle and also the next week was bullish so, maybe pacing orders above the high of the engulfing or wait for confirmation at the high of previos week, in our way to fair market value KS
the pair is in an uptrend in the weekly but it seem to be starting the retracement, so we may have a bearish week? the safe bet would be placing orders at the engulfing wick targeting KS but also at the previous week wick it could work
The pair is in a down trend we expect this week to ha a retracement to thesell zone, if we get there ill be looking for a level 1 signal deep in the sell zones or a level 4 if we are shallow be prepared to adjust strategy if we cross CL in this week and turn bullish
I have a bear bias but for now i wil take the break out in any direction the market will take with a stop order and reversal in the oposite direction in case it whpsaw
The pair is on a downtrend lets see if we can catch it for some pips, the plan is, wait for it to enter the sell zone, once in the zone, wait for a turn of TS (yellow line) to the downside if price cross Critical Level before giving us the signal the set up is invalidated. targets might be at black line bellow ) wich would be a retest of the level or maybe more...
The pair has been iin an ascending channel is looking like it wants to break the cloud, and if if breaks the cloud it might go of to the races, but look out for fake out confirm it closes below the kumo and the trend line. good luck
The EURUSD continues on a downward move it just has broke the ascending triangle on the daily chart, ill be looking to get in a retest of the triangle line wich coincides with a S/R level, and looking for profits at the green line, next big level of support and ressistance
The euro has respected a descending channel and the overall trend semm to continue to be bearish so if it continues to hgold the channel 1.11800´s is a good place to place a sort position
USDCAD broke the downward channel it was in and aparrently its trying to form a bullish one, it broke 3 levels of S/R (red,blue and yellow) and it hit that broen S/R level and form a double top, on the daily there to long wicks against the 200 EMA so i may be leaning towards a move down, towards the lower part of the channel, but ill be watching that level before...
A trend continuation play the pair broke the ascending channel it was in, anticipating a continuation down waiting for the retracement to .67700 area to get a better entry
the pais seems to have broke a flag formation it was in to the upside, and seems to go for the fences, but for me that might be the problem, the fence is close and that fence is the upper part of the bearish channel the pais is in, so for me ill be waiting to see if it breaks the green line wich is the upper part of the bearish channel and also a daily S/R line so...
the pair is aparently breakout from a flag formation and now is going for the fences, but for my that seem to be the problem, the fence that is going is close and it is the upper part of the bearish channel the pais is in, so i think is potencial for the bear channel to continue, the confirmation that i would need would be the breaking of the channel wich...
Possible abcd pattern in the making the AUDUSD anter a zone when it aparently bounce back and forth before leaving, i think the bearis trend the pais is in will continue, this might be a counter trend oportunity with an almost 2:1 risk reward if you go for the long, if you are more conservative and want to go with the trend then maybe waiting for that brown S/R...
the price have been moving in a sideways channel it just broke the blue line wich has been a good S/R leven but retrace when it touch the 1.27 extension completing part of a posible cypher pattern, but this could be a trend continuation play without reaching the pattern, since the daily chart show possible billis movement so. ill be watching the level around...
if price action breaks the red line wich has been a S/R level and goes beyond a 786 retracement ill be looking to go short if it retraces inside the green square but does not close below 786 ill be looking to go long toking maybe for a pattern formation
it brobe flag to the downside retested level and in the way formed a bear cypher formation entry 1.29354 TP 1.28859 SL 1.29724