H4 chart on AU.... BRN 0.7700 acted as support twice and looks like we're forming a bull flag for the next leg higher
0.7760 resistance which has acted as resistance historically
on H1, buy signal has already gone (7am) so we have to wait.... patience.
Messy PA like yesterday is usually the signal for some traps.
GBPJPY setting up for a false breakout of this descending triangle if 149.60 can hold as support on the next candle or 2.
BRN & psychological level 150.00 sitting just above. A close above this on H1 timeframe and GY looks set for a extended move higher.
EURUSD looks to be forming a triple top around recent resistance - 1.1990.
Above this is also a R1 and BRN 1.20.
If you were long holding from the breakout on Tuesday, would you be comfortable holding should we break the morning low and risk giving up your gains?
A few days before the long weekend.
EURUSD almost touching 1.17.
GBPUSD looks like the bulls might take back control.
USDJPY another pop higher in the Asian session.
EURAUD to close back below descending TL?
Many breakouts have happened in Asia already, will need to wait for pull backs and advanced trades / new signal. might be a day of sitting on your hands. anyone else have bad days IMMEDIATELY after a good day? might be worth noting.
EURUSD 2 inverse H&S on H4 chart, both necklines around 1.22.
GBPUSD squeezing shorts, lets see where we close today, anything other than a close below todays open then I imagine we test 1.43 soon.
USDJPY TCL support holding, 105.00 key and if we close above or below will determine where we go next.
GBPJPY unstoppable atm. trading around very BRN 150.00
1.4050 looks likely to be the last area of support before a short squeeze sending GU higher toward 1.43.
On the H1, previous levels of resistance is consistently providing support. Has happened a number of times that I have indicated on our chart.
Trend is up and pull backs are becoming smaller suggesting a squeeze on the cards.
Daily Chart MA's are lagging,...