fiso

fiso Updated 

This pair attracted my attention with the formation of a descending triangle on the daily chart. We may either have breakout of the descending triangle or a busted pattern.. either way the market is the overall judge.. On the daily chart the market is simply in an uptrend but the recent lower highs is suggesting that this pair is cooling off and may rotate to the...

fiso

EURJPY broke a structure level. Waiting for a retest of the broken structure for confirmation before shorting the pair

fiso

AUDCAD has more room to the upside with the formation of double bottom and the recent breakout of a descending channel. A breakout and retest of the horizontal resistance will confirm the double bottom to open up higher price levels.

fiso Updated 

AUDCAD moving within a descending channel.. this could provide opportunity with good RR on both sides.. To play the long side we wait for possible breakout and retest, which would also confirm an inverse head shoulder.. the objective of the long side will be 0.9700 region. On the other hand to play the short side we wait for rejections to set in around the upper...

fiso

EURCAD has broken out support base area. we wait for a pull back into the area and retest before going short

fiso

We are seing price rejection at the support base and a pin bar we are therefore entering a buy position Entry : 0.6605 stop loss : 0.6575 take profit : 0.6685

fiso

NZDCHF has been in a downtrend.. Recent retracement has carved out a double top price pattern. penetration of the neckline will send price to lower levels.

fiso

After the recent run up of the EURUSD we see price in consolidation mood evident on the daily and 4 hour chart. we wait to see either a bounce or break for the next move. Either way will provide a great risk to reward trade

fiso

GBPAUD has a potential of exploring higher price levels.. we have a double bottom formed on the daily chart which is suggesting a shift in sentiment to the long camp. 1 hour time frame also has a break of double bottom and we waiting for pull back to the neck area with a couple of rejection before going long

fiso Updated 

We have a doube top and rising channe price pattern.. we favour a short size

fiso Updated 

GBPAUD approaching support base and fib 38.2% showing signs of rejection. we enter with a buy stop @ 1.82087 Sl @ 1.8155 TP@ 1.83842

fiso

Waiting for rejection around 1.782/ 1.78265 region for short opportunity

fiso

EurCad minor support along the way

fiso

We saw a couple of rejections on our target zone so we initiated short position with 24 pip stop loss Entry : 0.9026 Stop Loss; 0.90500 TP : 0.8936

fiso

head and shoulder pattern on 1 Hour and 4 hour time frame. we enter short for the target objective of the head and shouder

fiso

after an impressive rally last week, friday candle gave us a pin bar to work with. we dont know whether this is a result of profit taking as it also coincided with month end. But as it is the market is always right and we trade what we see not what we think. will monitor how price reacts to 1.761 area as resistant and if we get a bearish sign signal we then load for short

fiso

we are waiting for a pull back around 0.904 region and a possible rejection of that zone before loading the short position. will update as price action develops

fiso

we wait for the retest and rejection before going long