pezza82

pezza82

EN has broken thru the descending channel (bull flag) and could now continue on its next run up. Let me know your thoughts

pezza82

I'm looking for a third touch on this resistance level and will zoom in on the 15hr for an inner trend line break to short it. On the larger time frame you can see this pair respects structure, and this may fall from here.

pezza82

I think if this breaks out the flag it will continue its next bull leg up to 1.46

pezza82

On larger time frame the bear flag is more evident. I am waiting for this to break thru the support and upon retest of it, look to short to atleast the bottom of the flag.

pezza82

Price has fallen out the uptrend channel, and on the weekly rejected key levels. Waiting to see if this is a false break. Waiting for it retest upper structure and see what happens next. But for me it may be the downtrend resuming again

pezza82

Price action seems bearish. H&S necklick broken and retested. I will be looking to short if it breaks red trend line.

pezza82

Pattern is now complete. Waiting for confirmation. On the 1hr we are seeing trend line breaking, so will be watching this for possible reversal. Also price rejected key structure and could have been a false break above.

pezza82 Updated 

In the making now, but wont enter until we get confirmation of a reversal. But this level is one that is respected well by this pair.

pezza82 Updated 

First attemp the reaction hit T1, and is now pulling back to entry point. I am shorting if it doesn't break the resistance. On the 1hr it has broken the uptrend line and now testing it, hopefully will see it fall.

pezza82 Updated 

NZD is still trading in an uptrend channel on the larger timeframe, but on the 4hr we might have the opportunity for a short trade with this bearish shark.

pezza82

Bullish bat forming on 4hr chart. 0.886 XA is on par with my daily structure. I am happy with the reversal that has played out on the lower time frame.

pezza82

Price is range bound now and it will have to break out one of the trend lines soon. The fact it's forming higher lows makes me think it wants to break up back to the 108.5 area which it loves. Looks better on the 1hr

pezza82

Bullish gartley has formed on the 4hr, with the D point right on support.

pezza82 Updated 

Failing to continue the uptrend, and now on lower time frames it keeps falling thru wedges. I will be looking to short if it breaks below 0.628 level. Check larger timeframes for a clearer picture.

pezza82

AU has pulled back and consolidated for a bit, it looks as if the bullish run may start again, breaking out of this symetrical traingle and key structure. Both legs have pulled back to the 382 and so will this be a repeat. Will wait for 4hr to close before entering

pezza82

Wait for break and retest for confirmation

pezza82

An area of confluence, could be the start of a new trend. On the weekly we had a doji rejecting the 50 fib retracement

pezza82

H&S formation on the 1hr. 4hr still trending down. Larger time frame still in no mans land.