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I believe this would be a great setup if we reach and reverse from the top of the channel with a nice 4hr bearish candle. Please leave a like and let me know what you think in the comments.

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With everything going on in the world right now, we have a risk-off trading environment and we a running towards the safe heavens currencies so for those reasons believe this would be a great setup if we reach the resistance level and reverse from it with a nice 4hr bearish candle. Please leave a like and let me know what you think in the comments.

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With most DXY pairs in retrace mode this week I am more comfortable trading usual pairs like EURAUD for now and we've got a perfect entry here at the support of the channel and the stochastics which have been pretty profitable recently are back in overbought area. Let me know what you think in the comments

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with DXY gaining some strength this is a perfect setup or area to short this pair. Please let me know what you think in the comments and leave a like

s6ixfiv3 Updated 

I can see both setups going well i guess it's gonna depend on how the market reacts to the news. Please let me know what you think in the comments or if you have another idea!!!

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Sorry for posting this a little late but AU has just broken out of the rising channel on the 4hr which was actually a retracement of the trend on the daily chart and now it's going down. It would be nice to see it go atleast to the bottom of the trend. Notice i said it would be nice and not i expect it to go down there because the market is bipolar and rarely goes...

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As you can see the stochastic has been generating some awesome signals on this pair and looks like we're back in the oversold area, we're approaching the 200 SMA, and the 0.5 fib retracement. 3 BUY SIGNALS as soon as we touch the 200SMA and the 0.5 fib retracement. what else could we ask for. I'll wait for the pair to reverse and then buy since we want to react to...

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according to the stochastic the pair is currently oversold, and we are also at support so this would be a perfect area to go long. Please let me know what you think in the comments especially if you are aware of some fundamentals that could support or go against the idea

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Here's my plan this week is the news push the dollar higher. Let me know what you think in the comments or if you have another idea please

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EU hit and reversed from the 4hr trendline and the 200EMA, DXY reversed off support turned resistance and the stochastics indicated there was a reversal on EU

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We have strong reversals on both AU and DXY and we are bullish on most AUD pairs, stochastics are bullish, pair bounced right off on the 200EMA and the 4hr ascending channel is holding properly

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i was bored so here's what i came up with. right now price is at support trendline on the daily and i believe it just completed the motive wave pattern 12345 and the first wave of the abcde corrective wave. Notice the divergence. so we're going to trade the retrace as a long position until which ever fib level it reverses to then after that we'll be looking to...

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please let me know what you think in the comments and leave a like, it will be greatly appreciated

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Hi traders, So GU has hit the support on the daily channel and reversed and is now on it's way back up. I will be entering as soon as price breaks out of that black trend line on the 4hr. If you need more confirmation then consider the fact that while on it's way down it made lower highs and lows and didn't break the purple support turned resistance lines but now...

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GBP is a a very interesting level right now. It could either have came to retest the dotted channel and is now going back up or maybe it broke down from the level in green and is retesting it to go lower. If it is going higher then the next 8hrs after market open will be the best time to buy. let me know what you think in the comments please

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With a little bit of Dollar strength this is the perfect spot to sell GU. It broke out of the support and came back for a retest and if it hold if will turn into resistance. I will be waiting for confirmation which could either be a 4hr bearish candle or dollar bullishness. We'll see. let me know what you think in the comments please

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I don't think the downtrend is done yet, the channel on the daily is too good looking not to get retested or broken down from. I think it will go to the 0.5 fib then go down again to sell order at 0.5 SL at 0.786. Good luck and let me know what you think in the comments

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Not too sure about the short but if does go down to that resistance turned support I will for sure be buying. Let me know what you think in the comments please