Oil price is looking strong with a recent breakout to the upside.
After consolidating near Weekly Highs, we saw another Breakout on Daily chart which indicate the market has decided to continue its uptrend.
We look to hope on this trend.
Short Term trend trading opportunity on NZD/USD
1. We are sitting at the Structure Support on Daily Chart
2. Head & Shoulders Reversal near Previous Low
3. Market just retested the neckline with RR>1
4. Stop Loss below previous low
Several Long opportunities is building up with EUR/USD Pair.
1. First we can see a Channel has formed (Purple Arrow)
Next Price has just broken recent high and building up for another break out (Red lines).
We are anticipating a retest of the breakout before entering this trade.
2. In case price retraces, there is also a Gartley completion near the bottom.
1. AUD/JPY is re-entering previous Daily Resistance Zone
2. Aggressive entry with Bearish Bat completion near 84.52
#1: 0.382 Fib Retracement 83.38
Stop Loss above Previous Structure