EURAUD retesting structure and trend line, 1:6 trade opportunity Pending Long @ 1.58173
Looking at GBP, I see a small retracement towards 61.8 on daily small swing , before heading north hitting 61 & resistance of the larger swing.
GBPAUD retesting previous consolidation which is 61.8 fib on 4h and will go down towards 1.76721 which is 61.8 fib on daily of the swing
USDCAD is resting the bottom of the bullish channel it was trading in. I expect It to retest the support at 1.31570 area before retesting the HH support @ 1.36494
Nas100 possible short, -rejection 50 fib -rejection 200 smh -rejection Daily sup / res Heading for retest of structure & trend line
There is a possible short on 4h chart AU Rejection of 61.8fib & structure Overbought on RSI 5 Bearish Bias resistance rejection 4H
As I look at the NZDCAD chart, I can see the trend line being retested, it made its way to previous structure and is retesting it after a month of consolidation. For now the Price should be going up to confirm the breakout and retest the consolidation zone completing the H&S pattern. If it breaks the buyers area ( marked X ) I will enter and TP for approx 200 pips.
CAD/ JPY H&S on weekly. / daily it might be headed towards the 2009 low possible 1000 pip move
I marked this up a while ago, and it looks like it is still respecting structure made earlier ( June 2017 ) Price is currently at the 618 fib level where it has tested and got rejected over the last couple of weeks. Next week is the interest rate decision, expectation is that the interest rate is not going be increased. If they do increase, the US might fall...
AUDUSD is breaking the downtrend, broke previous LH and making new HH Retesting the structure just above the double bottom an the LL before heading north again.
Gold is trading in a nice triangle, on the lower TF's it is breaking out of consolidation, and is heading to retest the consolidation area / trend line before heading north again. I would appreciate if you would leave a comment on your view on this markup
Correct of swing, bounce of inner trend line, rejection of structure, already in the trade, set SL to break even. but this shows my entry
EJ can go two ways, if t breaks the green structure, it wil retest the swing high If the green structure holds, I expect to see a break of trend line, and test the 78.6 fib.