pipqueen-gb

pipqueen-gb

Here we have a third touch of the trendline towards the upside, price respects this zone very well, only seeing a daily candle wick drop below once prior to this most recent bounce, i will be placing orders to trigger a potential 350+ pip trade with 3 take profits.

pipqueen-gb

Price has reached the significant level of 1.63000, we see this zone has been rejected 4 times previously so i have a bearish bias if we close below the area highlighted. this has a potential to be a 120 pip trade back to the downside.

pipqueen-gb

AUDCAD looks to be ranging on the 4 hour and daily chart, we have a double top on the 1 hour and a evening star candle on the 4hour. I will be placing a sell stop just below the support level on the 30min time frame to get a good entry. 60+ pip trade to the downside.

pipqueen-gb

Here i have identified an uptrend in the USDJPY chart, showing clearly on the daily and more accurately on the 4hour chart. I will be looking for buys to the top side of the trend line not before a bullish move away, a longer term trade idea capturing around 120 pips. Stops would be outside of the uptrend. A pair i will be monitoring closely as we have also have...

pipqueen-gb

Follow on from NZDCAD's most recent price action we can see a rejection from our high zone to be hitting the lower support level, after i see a rejection from the downside i will be looking to collect 32 pips to the higher zone marked.

pipqueen-gb

a head and shoulders pattern has been found on xauusd, 4 hour chart. I will be entering a smaller lot on this trade due to its expense and volatility.

pipqueen-gb

My first analysis! we see we have clearly broken the upside trend line which had 3 consequtive bounces, a retest and now has rejected an area of resistance abnd closed below on the 30 minute timeline. The markets are slow with it being december, so i am prepared to hold this trade. @x take profit points, first at 119.670 and the second at 119.269, Both stops at 120.412