Looks like AUDJPY is about to finish the corrective structure and break the trendline which would take the price to at least 80.60 area.From there the E wave completes and probably we'll see a lot of downside movement.Trade your plan.
USDJPY is making a correction on the 1HR chart , you can look to sell the breakout of this corrective structure, or for more aggressive traders you can sell the 0.618 fib at the top if it goes there. Trade your plan
NZDUSD is making an ABC correction on 1H chart, you can buy the bounce off the trendline+0.382 fibonacci which would be a nice confluence or for a more conservative entry wait for the breakout of the trendline before buying.1st target would be 1.27 extension and 2nd target 1.618 fib extension.
Looks like AUDCAD is about to break of this ending diagonal in 4H chart. There is also MACD divergence confirming it.There may be a last move to the lows so be careful and wait for it to consolidate above the trendline before buying.I'm targetting 0.9900 area
After an impulse wave, we can see a triangle forming in this pair.I'll be waiting to sell the breakout but we may see a bit more correction as the wave E is on it's way. Breakout may occur anytime soon so I'll be watching this pair as it goes. Trade with care
GBPJPY is breaking out of the corrective structure from the last impulse wave and im looking to go long targeting 163.70 area. Trade your plan
After bouncing from a major weekly trendline with bearish divergence,we're only looking to go short on this market.If you missed the first opportunity which was the breakout of that previous correction, another place to enter the sell would be in the breakout of this next corrective structure.This may be a deeper correction so don't rush and be careful. After...
USDJPY IS IN A CLEAR BEARISH TREND SO WE'RE LOOKING TO SHORT THIS MARKET.A GOOD PLACE TO SELL WOULD BE IN THE BREAKOUT OF THE TRENDLINE FOR ANOTHER IMPULSE WAVE TO THE DOWNSIDE.WE ALSO HAVE MACD DIVERGENCE INDICATING FOR A REVERSAL SOON. TRADE YOUR PLAN,PLAN YOUR TRADE.
On daily timeframe EURGBP has formed a head and shoulders pattern. A sell can be initiated after the neckline breaks or we can wait for a potential retest/pullback to enter this trade
GBPCHF IS LOOKING LIKE IT WANTS TO BREAK THIS CORRECTION FROM THE LAST IMPULSE WAVE SO BUYING IT IS A GOOD IDEA.TRADE WITH CARE
After an impulsive wave to the downside, eurjpy started to correct itself up. This correction is not ideal so be careful if you decide to short the breakout.
Looks like AUDUSD will make another impulse to the downside after this minor correction since it came to .382 fib level, in correlation with recent structure levels and on the break of that trendline it would be a good opportunity to go short.Trade with care
GBPCHF made an impulse wave up and now it's on corrective phase. We can look to buy this correction and ride it for the next impulse or this correction might extend a little longer before breaking to the upside.
We were in a minor uptrend on the 4h chart before an impulse bearish wave came out.Now i'm looking forward for the break of this trendline to confirm that we're going bearish for some time, and Ill look to sell any corrective structure to the downside. Trade your plan, plan your trade.
If the trendline breaks Ill be waiting for a pullback/correction breakout to enter the trade. Trade with care
After price rejected a major weekly resistance I will be looking to short this pair. A good place to sell would be after the trendline breaks or to wait for a retest to enter the trade. This is not a signal
I will be looking to sell usdcad if trendline breaks targeting the next support areas.
Since USDJPY came to a strong weekly support and started bouncing from it ill be looking to go long on this pair. If price breaks this ascending triangle it would be a good opportunity to buy.Another opportunity would be if price comes back to retest the broken resistance, then buy it. Plan your trade,trade your plan.