GBPUSD is looking to make a nice pullback before continuing downward.
Looks like this could be a nice longer term play then I normally post. USDJPY hits a previous strong resistance point and looks to be be bouncing back to test a low based of multiple indictors. Should be a good play.
USDCAD looks like it is going long to make another shoulder for a nice shoulder,head,shoulder position. I would go in long and pay attention near the shoulder formation.
EURUSD is testing a support for the third time and I am looking for it to bounce off firm support and head up towards next resistance line. I will be playing it on 30 minute chart to check small resistance levels but I think this should bounce nicely to form a "shoulder".
Playing the price action I am going to wait till end of hour to confirm a bounce and then either jump in a LONG position or a SHORT position depending on the results of the next bar.
Looks like a nice SHORT possition for a quick 1-2 hour scalp for a small pips profit. I expect it to drop down to next support level and either blow through our bounce and test the new resistance.
Nice downward channel play with nice support and resistance lines to go off of. Should be a good play for people who like structural play!
Going to play the structure as it is giving a large wick bouncing down from resistance. Looking for it to test support and go from there. Will be a good play to watch if it can bounce through target 1!
Short position for a quick profit with an two different target profits.
Getting ready for a breakout... this should be a fun watch but I am expecting a nice bounce up out of the break and looking to make a quick profit. As you can see the Stoch is in the oversold(ish) area and is looking to get back from that. While the moment just like the trends are moving in towards each other. (Low High, High Low). This should be a fun play!!
EURAUD going back into the shrinking channel looking for a soon pinch and heading in either direction. Should be a quick play for a small profit in pips
Hit a big drop down and see a nice retracement coming back up for a nice bounce.
Nice down trend with a retracement coming down from the recent high top.
GBPUSD Channel going upward. I expect it to follow up to the top of the upward channel and possibly form a second shoulder.
LONG retracement. The top red dotted line is my Take Profit. I thought it was green but once I looked I realized they were both red.
Short USD coming back down to test support before forming new top