GBPAUD is at a crucial fib level and i am looking to see a bounce back up to the previous high at least.
ONLY if GBPAUD comes into the buy zone then a buy position can be taken. with the daily MACD headed up and a pullback into the buy zone will make for a good buy setup
I believe now is the time to sell. i see a Wycoff distribution pattern
i see a fake breakout to the upside and i believe this is still a good short setup.
I believe this to be a strong bearish move. divergence with a important fib level.
I believe this to be a strong bearish move straight down tot he previous level of support and possibly beyond.
I believe this to be a very good bullish trade setup I have added another long position. Looking to take first profit at TP1 and 2nd profit at TP2.
I am looking to sell NZDUSD. 1) break of trendline 2) retest of trendline with further bearish move
GBPNZD has headed further down. still no break of trendline. MFI indicating divergence once trendline breaks, enter upon retest
i am in a buy position for audnzd. trend line broken and retest also has occured. will take this to the previous swing high
i will be looking to long gbpnzd after break of trendline and retest of the trendline. will look to take this to the monthly pivot point
USDCAD is at around the 78 fib level , i expect to see a bounce from here back to the previous swing high.
looking to sell CADCHF from resistance zone. this is at the 61 fib level as well as a harmonic pattern is present.
looking to buy EURCAD from this area and taking profit in the 61 - 50 fib area
updated with risk reward. Looks like a solid trade
There was a Gartley Pattern formation followed by a head and shoulder pattern