possible ending diagonal on the 1h tf looking for breakout to the downside to sell eurusd down to lower trendline or possibly lower.
usd chf has gone and tagged the low as expected which indicates this is the bottom of the bigger picture which i previously posted. it has also broken out of its current downtrend and is consolidating.
simple buy setup here sl below previous low (bottom line) tp above previous high (top line) possibility to go to the top of the channel
ujsdjpy is in a nice downtrend and i will continue to sell every time it makes a correction like this. at some point it will breakout of this trend to make a correction so if that happens I will get out of the trade.
indicators suggest this is the top for gbpusd for the short term so looking for either a correction down for buy setups (does not have to come to trendline) or an impluse down to the trendline to suggest a breakout to the downside, if so I would be selling. I will post shorter term ideas when setups are complete.
eurusd is creating a nice bearish head and shoulders formation which I expect to break to the downside. I will sell on the break of current correction.
eurusd looking to repeat its previous structure with an impluse up. trade is invalid if it breaks down through trendline then i would be looking for sell setups.
euraud is forming a sell setup at the top of its channel I will sell on the break of this correction. my first tp will be on the break of the previous low. at this point price could reverse to make a bullish corrective structure and i will be looking to buy. if it continues down further or comes up in a corrective way then I will hold the sell for the long term.
until audusd breaks out of its current structure I will be looking for sell setups. price has broken down and retraced to retest the resistance looking for some price action to sell again.
im looking for short term buy setup this week but will keep tight sl's as I am expecting this to turn any time now the 127 fib level would be an ideal entry to break down, but it doesnt have to go at this point. would expect this wave to break previous low as shown by the blue line.
possibly the end of the correction and is a good entry to the bigger bearish trade to the bottom of the channel as shown in my previous audusd idea.
gbpjpy has crept up to the top of its channel in a corrective manner indicating a breakout to the down side is likely. I will sell on the break of its current trendline up. Could still breakout up so be careful dont jump in.
looking for pattern continuation in gbpaud by the corrective up move breaking down to form a lower low.
nice 3 wave corrective structure forming on usdchf. looking for a pullback to the trendline before another bearish impluse to break the low. it doesnt have to pullback it could just break the low and turn but this is unlikley. I will be taking any small buy setups this week and take a longer term sell on the break of a corrective wave.
gbpusd has broken out of trend and is making a flag on the 1h and 4h tf i will be buying at the bottom of the c wave coming up.
eurchf price action indicates downward momentum, lokking for shorts down to trendline and 61.8 fib level before watching for breakdown to hold posistion or close it.
simple sell setup on audusd as it is at the top of its long term channel so good r/r here. gone further up than i expected and any breakout would negate this trade.
expecting usdjpy to fall to at least the trendline to form a triangle but more likely break through this and break the previous low to complete the structure. good entry as price has broke down and is now retraced.