Nothing confirmed but the USD is showing more weakness to the down side. I doubt price will break support if it does just yet. Waiting for a lower low / lower close. A pop to the upside can't be ruled either out of it's current channel formation either as it becomes wedged. I think tomorrow we'll have an answer either way.
AUDJPY BREAK OUT LONG targeting 97.5 back into resistance / underside of the trend
Just been given a head up on this one by @PriceActionTrading on a daily chart. The 4hr showing a nice H&S formation at resistance with stops just above to go lower targeting 133. and a further target of 131.5 wk chart support level. SHORT 133 / 131.5 Possible alternative long set up
USDCHF IDEA - ANOTHER DIVE 0.71 Just like the last time ?
EURGBP this looks like the foundations of nice flag formation to break lower, but in the near term i'm expecting price to bounce at it's current level back in to the channel with long targets 0.72244 / 0.72995 / 0.73876
GBPUSD Looking for a pull back in to resistance ? for a short term move short targeting 1.551 / 1.5395 / support zones. Expecting some form of consolidation at this level at least until Wednesday BOE Inflation Report making this a vulnerable zone to hang around. ***UPDATE*** GBPUSD / JPY
GBPJPY SHORT @ RESISTANCE targeting support levels / top side of the trend- 186. / 185. / 181. GBPUSD is a mirror image. Worth a thought the GBPJPY break out topside would be a trend continuation as where the opposite stands for GBPUSD. I favour Near term upside movement for the USD so in reflection a short for both the GBPUSD & GBPJPY ***UPDATE*** GBPUSD / JPY
AUDUSD Possible wedge formation LONG 0.80258 resistance level
GBPUSD - Trendmaster crossover/Test *wma 15 / 5 SHORT 1.53595
USDCHF Mirror Rejection @resistance SHORT 0.928 / 0.92523 This is a counter trend move on the short time frame so best to keep stops tight or wait for trend continuation at the lows. Higher tf this could be a trend continuation short. ****UPDATE**** TRADE CANCELLED
I use this method for all my web applications but it's a common fix not many people are aware of to make the browser based charts in to a full screen desktop web app with no address bars etc Chrome users go to : - Open chrome, go to - more tools - Create application short cut - Pin to desk top / and or Pin to Task bar. img- drive.google.com firefox & IE users...
EURAUD LONG 1.4305 / SHORT 1.41956 / 1.40194 / / TEST 4
Cheeky try at harmonic. something about 0.618 :? Still it looks cool :)
JNJ is riding the underside of the 55 moving average on a weekly chart looking to break support floor for a move short - 94.0