tradelikeapro_fx

tradelikeapro_fx

Prices found support @0.63200 area and made a bullish rally towards the upside, breaking a neckline structure. We are waiting for a pullback onto the broken structure for a LONG position towards the resistance level. Stop loss below the support area where if this level gets broken, we should be looking for SELLING opportunities instead.

tradelikeapro_fx

We are waiting for prices to give us a confirmation on the direction it is going. If prices breaks out of the descending trendline, we will be looking for a LONG opportunity if we get a pullback. A breakout of the descending trendline isn't enough, UNLESS it breaks above previous structure high as well, creating an immediate higher swing high, to tell us that the...

tradelikeapro_fx

Prices got rejected from the trendline and recently broke a minor resistance level. We will be waiting for the H4 candle close and decide again whether or not to take a trade if we get a pullback. Nevertheless, potential H4 buy limit order if we get a strong H4 candle close.

tradelikeapro_fx

Earlier this week, we found ourselves holding onto a trade that went into consolidation for quite some time. With a strong break out over here, we can look to re-enter GBPCAD, with stop loss below the 1.73000 level for a continuation move towards the next resistance level. For our 2nd entry, prices may have found support @1.76300 level, looking for another push...

tradelikeapro_fx

GBPAUD H1 - LONG Push phase that broke previous high and now looking for a pull back onto previous structure. We may place a BUY LIMIT ORDER at the support zone for LONG trading opportunities. Otherwise, wait for rejections onto the zone of interest before taking the trade.

tradelikeapro_fx

AUDJPY H1 - LONG Prices made a huge push phase due to the rally from JPY pairs and now moving sideways. We can expect a consolidation over here and be looking to catch a retest onto the previous structure for a LONG position towards the next resistance area. We'll place a BUY LIMIT ORDER at the neckline structure.

tradelikeapro_fx

BAT Pattern completed at our D-leg. Previous, we have a strong bullish engulfing candle and now giving us a pullback for another entry towards the target completion of 0.382 AD fibonacci retracement level.

tradelikeapro_fx

Potential double bottom on the LTF as prices comes back to the neckline structure for a retest. Look for BUY opportunities. Bearish momentum has to slow down for a potential LONG entry. We'll be monitoring over the next couple of hours.

tradelikeapro_fx

Prices got rejected heavily from this zone multiple times. We're looking for a retest onto the previous structure after the H4 closing and have a potential BUY entry upon a double bottom setup.

tradelikeapro_fx

Looking for rejections at the current price level. Zoom into the Lower timeframe to look for potential entries.

tradelikeapro_fx

Immediate downtrend for USDJPY and we can see that prices formed a lower high @107.000 level. We have a push towards the downside, now retesting a neckline structure as seen a on the daily timeframe. We'll be zooming into the LTF for potential entries. Double top into a daily structure, with a 3 bar reversal pattern.

tradelikeapro_fx

Prices broke out of the bearish wedge pattern, came back for a retest onto the trendline and made a bearish move, making an immediate swing low. We'll looking to take profits at 1:1.5. Similarly, for this trade, do take 1:1 if you're planning to manage your trade actively.

tradelikeapro_fx Updated 

We're able to see that prices broke out of the major descending trendline and made an immediate higher swing high. The entry was made when the previous H1 candle made a higher high higher close candle and we're looking to take profit at the next resistance zone.