joshbayelyy

Waiting for a clear indication that the monthly support will be a strong area for price to bounce off.

Looking at price move down to the 61.8 fib level then consolidate around that area for a while depending on the fundamentals of audusd

After the big bearish downtrend we may see the bears get exhausted and could see price consolidate fora bit the take a big drive to the upside eventually

If we see the price retrace down to the 61.8 retracement level the we should possibly see price break new highs and smash the 1.1700 area. long setup has been placed on the chart. you wanna wait for price to make a test of that 61.8 level and keep a close eye for price to use that area for a support.

We are probably looking to see price retrace down to the 61.8 area 1.1400 - 1.14800, If we see the pair fulfil this move then we will probably be looking at HH in the coming weeks.

predictions are that we will see see price retrace back up to the 382 level then if we see that as an area as resistance then we should then be aiming for the 1.272 extension.

if we see this wedge pattern set up nicely then just watch put when its about to break to through

possible 2 setups

here with have a nice bullish outlook with usdjpy should hopefully see price reach or eith break the 114.000 resistance level

if we see price stay above the resistance area then we should see some HH so just be on the lookout

since the middle of April we have seen this pair climb and climb looking at about a 254 pip increase which if you caught that you will be smiling. we could potentially see price consolidate again as you can see from the previous bits of price action from the uptrend which are highlighted in red, so if it does do that then look out for the breakout. another idea ...

so i have now entered a short trade on GU following from my recent post waiting for confirmation for a trade. still looking to hit the circled area

Here is a possible setup for EU if we see it bounce of the bottom support line we could see price retrace and consolidate again but we may also see the price go back up and smash straight through the 1.6800 resistance line. so keep an eye out for some bullish behaviour around the 5750 area.

just a quick breakdown of usdcad, probably looking for some strong bullish momentum to come, MA is showing signs of bullish movement also the RSI is pretty neutral so this is a pair ill be watching to see for any setups

my chart breakdowns GU and with what im heading for is some downwards action if we see the MA's cross and see any form of rejection from the res at 1.26000. keep an eye out for the 61.8 fib level around the 1.2300 thats where it could be heading

possible short oppurtunity opening up on the eu pair, bounced of the trend line and close to the resistant zone so we may seen some downwards movement.

in long ej

here we have a breakdown of ej on the 4 hour chart, sitting just above a support level (119.6100) so we could possibly see the 50.00 fib level