GOT THE BREAK OF RESISTANCE WAIT FOR RETEST GO LONG TO NEXT LEVEL
eurcad structure = bearish, wait for break and retest of 1.47000. target = 1.46000
BTCUSD in a bearish channel awaiting breakout, target = $14,000
wait for valid retest of supp/res area. 52 pip target
eurgbp broke 4hr trendline creating ll & lh on 30min chart support zone around the 0.79 fib level sell on rejection.
Here you see a scenario that could possibly play out on audjpy, price has a lot of bearish momentum. will be waiting for a breakout of trendline + support. once this happens I will wait for a retest and for a 30 minute candle to close bearish to give me confirmation to place a short, no indicators just nice clean price action.
on the 30min chart EURUSD is trending downwards, wait for pullback and place sell stop SL above the last highest bull candle.
new HL to be created at the support area and to go towards the trendline for a new HH, wait for strong bullish confirmations at the support area.
USDJPY - Making HH AND HL on the 4hr chart, new HL to be created at the previous support area. my target for this trade will be the previous resistance level (white line) good luck, -Pauric
Price is currently trading above the EMA'S and has been for the past few weeks, also note that price had a fakeout and rejection of the 0.79 fib level which was a key value area for market orders. doubters will doubt, traders will trade. prove me wrong!
4HR timeframe gold - price has broken through the trend line and also a support zone, wait for price to come back up and retest as resistance.