declanwright

declanwright

This pair has just broken out of a triangle pattern on the 4 hour chart, the pullback happened and we are now on the way up. Hopefully the NZD trade balance will propel this move further north.

declanwright

Looking at a bearish shark on the AUD/JPY that has completed on the 4H chart. The reversal has already started, I’m just waiting for the market to open to see if there is any price action in the opposite direction before I take this trade, if not then I’ll be opening my position. RSI is already way oversold and MacD historagram is showing that it is peaking around...

declanwright

So the bearish cypher has completed on the 4H chart on this pair, dropped and is now retesting the PRZ which it previously reversed if resistance holds strong this could signal a stronger downwards movement. RSI is quite high and could signal a reversal anytime from now but we shall wait and see. TP 1 0.382 retrace TP 2 0.618 retrace

declanwright

Potential bullish deep crab finishing up on the EUR AUD at around 1.569-1.57 area close to a support area. Just waiting for a reversal signal before activating trade. TP 1 0.382 retrace TP 2 0.618 retrace

declanwright Updated 

Double top has formed on the 15m chart on this pair. Waiting for the break of the neckline otherwise I won’t be taking this trade. TP 1.74 Trade at your own risk and don’t invest what you can’t afford to lose.

declanwright

NFP came in better than expected, waiting on Wall Street opening up to blitz it down to TP around 1.297, TP 2 for the adventurous ones will be 1.294

declanwright

111.5 resistance holding all day long, RSI touching overbought, MacD showing change in trend providing 111.5 holds. Target 0.618 retracement

declanwright Updated 

Completed bearish bat on gbp aud 1H chart Possible drop to the 0.618 retracement of the C-D leg, rsi hitting over bought and MACD peaking at the same level as X reversed and turned bearish.