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Does that look like a Head and Shoulders to you? Just sayin'...

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It's another break or bounce scenario on GBPUSD. On weekly, previous week candle closed with a strong close below trendline, providing us with a context of which direction the price may go. It's now retracing back to the trendline, if it bounces, it has the potential to fall towards 1.25300 level.

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After previous week trend line retest, EURJPY provides us with another entry opportunity. The price is showing rejection at Pivot Point. My bias is still short. Hell, I'd be even happier if it retraces up to R1, which coincides with previous level of support. That'll give us with an even better R:R ratio. Cheers!

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Hello fellas! So, here's what EURUSD has been doing: - It completed the butterfly pattern at 78.6 X-A; - It completed the ABCDE wave count on 4H channel; and - It's showing a reversal sign after showing the lower trend line of the 4H channel. All at the same price area! Still, it's much safer to trade with the trend, and this is a counter trend analysis! So it...

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AUDJPY printed a daily pin bar after retesting the trend line. It also shows a sign of rejection on 100 period Moving Average. It's going down... and yes, I'm looking at you, EURJPY.

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Does that look like a H&S pattern to you? That does look like a potential H&S pattern to me... The price just saw a rejection from trendline anyway and is ranging sideways. Now, since the daily price opened below daily pivot, I'm going to use it as anchor point. Gonna drop to much lower timeframe and look for a breakout off the range to the downside--in which...

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We have double indication of imminent reversal in EURUSD. The price is currently closing in to the trendline, not quite touching it yet, but very close. It also coincide with the support level AND 100 period Moving Average.

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AUDUSD bounced off trendline and showing a sign of rejection after touching 100 period Moving Average line represented in orange. Keep an eye on it... or both eye, it's up to you.

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So, we have double indication for USDCAD to continue its way down. First, it bounced off 61.8 fibo level, which is a major fibo level. Second, it keeps making lower-highs after the price touched 100 period Moving Average line represented in orange, which I like because people can produce dozens of different analysis in their charts using different methods but 100...

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The price failed to make a new high during NFP. Before seeing any breakout, I'd look for trading opportunity between the 109.695 - 107.840 range.

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I know right? All those trouble just for a fake breakout. But hey! Now we're back in the Monthly Ascending Channel range and the price is forming a H&S! But wait, there's more! On daily, the price also moves inside another smaller channel . Well, forex market is fractal in nature, after all. After the fakeout, price rallied back up, then got rejected at the upper...

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On EURUSD 4-hour timeframe, we have triple indications of imminent reversal: it hit the trend line, completed a harmonic pattern at 1.11040 (78.6 X-A fibo retracement), and went into build-up period right after bouncing off the 200 Moving Average represented in purple. Why purple? Idk, just love the color I guess... but anyway, that should indicates higher...

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Another Gartley spotted on GBPUSD! The price keeps making lower lows, and just needs a little bit push downward to complete the harmonic pattern at 78.6 X-A fibo retracement, which also happen to be the resistance of previous range, which ALSO infinitely close to the 4H trendline. Anyway, since it coincides with those three things, the area around 1.29843 level...

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Hello everyone! EURJPY is presenting a very promising long opportunity after it bounces off the trendline AND 50 Moving Average represented in blue. We can also observe a confident bullish candle that broke through the previous level of resistance represented in purple line, which also happens to be the necklines of both Double Top and Double Bottom setups...