I see the price has come to a strong daily support and we have a descending wedge formation. I dont know if it will be a complete reversal but I atleast see a retracement in the near future. Im looking on lower time frames for signals of buyers coming into the market such as break of resistance or break of the upper end of the wedge trendline.
Although the price is in a strong uptrend on all time frames, I see the price is bouncing in this ascending channel into a upper time frame resistance area. I dont know if there will be a reversal but I can see a nice retracement on this pair at least to the middle of the channel or the bottom end of the channel. I will see what the price does at the bottom end of...
After a sweep below support, im looking for ltf confirmations for buys during new york session. I believe we will se a higher time frame retracement before we break this daily support.
Even though there is and obvious head and shoulders on the daily chart which is a strong bearish indication. The price is still on a strong support level. I’m looking for a break of support or bearish continuations on lower time frames going into tomorrow or a buy setup since this is a strong support level. Will let the price show me what it wants to do when some...
After the break of the low and a new low being printed. Im looking for a sell at support turn resistance or at the supply area. The price is still in a uptrend on higher time frames so I will need clear confirmation at these zones on lower time frames.
Looking for a closure below 110.000 and lower time frame confirmations for sell. The price has failed to make a new high and if we can break the low at 109.800 would give further confirmation for sells.
4hr structure is bullish and is at a area of demand. Im looking for structure shift on lower time frames for confirmation of continuation of trend.
Looking at the chart technically, I see a wedge pattern and inverted head and shoulders on the chart. I can see higher prices to come in london/new york session. If the price closes below 1.23750 is broken id scrap the idea.
I can see a buy here at support on eurjpy. I can see at this support level to the left there was a strong rally that broke minor structure highs. I can see either a pullback to the broken support or a potential break of the broken support to continue to break highs. If support is broken I will cancel trade idea. Im looking for price action on lower time frames for...
Im monitoring audcad for buys. I see higher highs and higher lows being printed and I see lows are being respected. Waiting for a sign of support on lower time frames at areas of interest.
Even though the us dollar has alot of strength, im still looking for buys on this pair. Highs are being broken and lows are being respected. Im monitoring lower timeframes for price action for buys.
I'm looking for buys on gbpusd this coming week. Although we have seen what looks like a reversal of the uptrend on gbpusd I can see a retracement/countertrend to the current time frame to my blue trendlines or a continuation of the weekly time frame bullish trend that started sept of last year and highs starting to be broken.
After a crazy open to the market today, and a healthy retracement on usdjpy. Im looking for buys if the price can close back above 147.250. If the price can push above 147.900 ill hold buys. All higher time frames are in a uptrend and the dollar is bullish.
Even though the dollar is bullish,usdjpy is in a bullish trend, and the daily/weekly closed with bullish engulfings. I see more potential for another drop/retracement in this area. We have a triple top on the chart at a formed resistance level and lower time frames are showing me a potential shift to the downside. Later in the coming week my overall bias can...
Although price is in a range, I see the price has broken trend and is starting to show signs of bearish price action. I’m looking on lower time frames for possible support turned resistance at around psych level 165.500 will update with lower timeframe perspective. Above 165.500 I wouldn’t be interested in sells.
I can see a potential sell coming here on gbpcad. I want to see: 1. closure below psych level 171.000 2. a retracement back to it or my blue trendline 3. Bearish price action showing structure shift on lower time frames (support turned resistance) Will give trade update when I see trade playing out on lower time frames if it starts to play out. The price could...
Im looking for a sell here to take out the bottom equal lows. Dollar has been real bullish this week but I see USDJPY is at a major resistance that its having trouble breaking. A closure above resistance will invalidate my trade idea.
I see this nice break and retest of this bearish trendline. Nice bullish engulfing trigger to indicate potential buys. I can see higher prices to come.