The AUDUSD is forming the right shoulder as we speak. I am going to make a small quick play on the AUDUSD LONG until it finishin the formation of the shoulder. Then I will SHORT it until we get to the support line deciding if we keep going down or rebound to new highs.
Bounced off long trend of support and will head back up to next resistance spot! Plus stoch is hovering around oversold and looked to be reboudning soon.
Tested down trend channel resistance and failed to break. It also hasn't hit the lonnger channel support yet. Plus the STOCH is hanging in the oversold area and about to crossover.
Testing support for the second time and looks to be rebounding up and heading in the other direction for a nice scalp. The Stoch is hovering around the oversold position suggestion a nice LONG scalping opportunity.
Following uptrend for small profit. Put stop right underneath channel and take profit at top of channel
Bouncing off of support and rally's back up to a small resistance level. Expecting a nice scalp movement up and STOCH is also oversold. Will wait to get in until the bar is finished at 9:00 AM just to verify bounce.
Nice channel bounce back down for a decent day trade with decent profits. Also STOCH is hovering in over bought territory suggestion a nice scalp down as well.
Quick scalp while it attempts to break through support.
Long Scalp that should be bouncing off the long trend line of support. Plus in the Oversold STOCH location and looks to be turning back soon. ENTER: 138.795 Stop: 138.600 Take profit: 138.730
Blew through support 1 as the STOCH hovers around the oversold area. MACD is also heading strong down and it blew the current channel as well. I expect to drop to test next channel resistance.
Long Position based on the strong upward trend and the bounce back off the trend support. Entering at: 1.36040 Stop at: 1.35939 Take Profit: 1.36225
Nice opportunity for a rebound of trend line support for a nice day scalp.
Bounce off support as the STOCH becomes oversold and rallies to test channel resistance.
Simple channel with a second shoulder forming, also testing the fourth time on the trend. I expect a nice short trade for the day.
Stoch is rising out of oversold position. MACD is crossing It also is bouncing off a firm line of support. I see a nice LONG position for a quick day trade scalp.
Stoch in the oversold position and will be turning around looking in a long direction. Plus the support line, I expect it to bounce for a nice day trade scalp.
GBPAUD bounces up the overall trend line that's going in an upward slope.
This is the classic cup and handle formation. As you see the cup has formed and it is finalizing the formation of the handle. I expect this to bounce and head up for a nice day trading long position. If you take a look at the momentum it is suggesting the bullish movement going up soon.