forexwiz15

forexwiz15

we could see a upward movement from here as price is support buy the trendline.

forexwiz15

looking to make a lower low

forexwiz15

Price has now moved to the top of the descending channel possibly lower lows to come

forexwiz15

pair has beem trading in a channel on the 15min time frame posiible consolidation from here as the price has touched the bottom of the channel. i would wait for a pull back to the top to place a sell order for lower prices ahead.

forexwiz15

price has been rejected by the descending trend line, look for price to move lower

forexwiz15

potential bounce from major support

forexwiz15

looking for a retracement on this pair to that golden zone, after confirmation could see a strong upward movement

forexwiz15

the pair has formed a double bottom at a support lever that has been respected for some time now, we can see a potential bounce from here

forexwiz15

Prices are trying to retest the trend line failure would lead to a fall in price

forexwiz15

The pair as broken a significant trend line on the 4hr time frame, i am looking for a retest if failed then we could see a fall down to the 1.92 levels. the pair is also been supported by the 50day SMA.

forexwiz15

the pair closed above the trend line on the weekly time frame which could make us see a retest of the upper trend line

forexwiz15

here we have a falling wedge which normally signifies a trend reversal so i would wait for a breakout then a retest to enter in a long position

forexwiz15

We may now see a move to the top of the channel approximately 1.9500

forexwiz15

the price hit the top of the channel and then bounced right off, i will be looking for a buy when it hits the bottom.

forexwiz15

Inverted head and shoulders playing out possible long opportunity ahead

forexwiz15

Now that the trend line as been retested we can look for a possible long position

forexwiz15

So far my idea is going as planned now that there’s a bounce on the one hour chart from the trend line and with stochastic showing over bought conditions we may now see bulls stepping in

forexwiz15

you can see the flag pattern forming which can potentially break out to the downside to 1.9500 levels to meet a very strong trendline, POTENTIAL BUY ZONE as we may see a bounce from the trend line.