AEFX786

AEFX786 Updated 

AUDCAD has run into resistance on the Monthly, Weekly, Daily and 4hr timeframes. We saw a strong rejection on January's monthly candle close and we're now seeing a retest on the 4hr supply. We have a potential to take a short from here and aim for lower lows.

AEFX786 Updated 

USDCAD has broken a daily support level and is now falling to a key demand level where we can expect some kind of a rejection. If price action permits, we can look to this level for a potential buy opportunity and aim for a test of the previous support, now turned resistance. If that level does not hold, then we can continue to hold our longs for higher highs on...

AEFX786 Updated 

Price didn't respect the sell zone, it broke and closed above it, voiding the zone. However, whilst I am overall bullish on this pair, we are seeing a slowing of momentum and RSI divergence. We may have an opportunity here to short this pair for the short term.

AEFX786 Updated 

This is a short term setup as we've got divergence on the RSI and rejection of a key level. We may drop to the green zones for a potential long entry.

AEFX786 Updated 

GBPAUD was in a longterm downtrend and has now seen rejections to go lower on monthly timeframe. On the 4-hour, we have an opportunity to buy here and aim to the upside. The small red zone could be a spanner in the works to push prices lower but otherwise, I would be aiming for the upper red zone as extended targets, should price action permit.

AEFX786 Updated 

I posted this earlier in the week but made an error on my chart and was targeting the wrong zone. Here, we can see price has now touched a good demand level, which meets all of my requirements for entry. We're now just waiting on price action to develop.

AEFX786 Updated 

USDJPY has been making steady gains but has now come into a strong resistance level and formed a bearish engulfing candlestick pattern on multiple timeframes including the 4-hour. We have here an opportunity to short this pair back down as it retests the resistance level as new support. Whilst the weekly and monthly timeframes are still bearish, this setup is...

AEFX786 Updated 

Price has now broken out from a strong resistance level and is rallying into a fairly strong supply zone. There may be an opportunity to short USDCHF from this level, with targets to retest the breakout (resistance, turned support).

AEFX786 Updated 

This pair has been in a long downtrend and has recently pushed up to an a supply zone. We may have an opportunity here to short this pair and potentially gain 4/500 pips on a 1:10 risk reward ratio if the longer term downtrend continues.

AEFX786 Updated 

We've been buying & selling the range on this pair and it's been great. We're now seeing rejections again from the top, a potential to sell and ride it to the bottom again if price action permits.

AEFX786 Updated 

Price is currently reacting from a zone of interest and we may get a bearish engulfing candlestick close on the open of the London session.

AEFX786 Updated 

We longed this pair from 116.290 two weeks ago and we've now had a considerable pullback. We're looking for potential long opportunities from here.

AEFX786 Updated 

NZDCAD has failed to break above this zone of interest and on the pullback, is showing strong rejections and the setup has high R:R.

AEFX786 Updated 

We've got a bearish engulfing candle closed on the 2-hour timeframe and price is rejecting from the key level. We are looking to potentially short this pair. Final targets would be the green zone of interest but we may trail our stops if the momentum is strong to keep going.

AEFX786 Updated 

Similar to GBPUSD, this pair is making it's way closer to a strong sell zone. In fact, there are two sell zones in close proximity. On lower time frames (2H + 4H) we can see price has been slowing down, accumulating buy orders and pushing up towards these key levels. From the two supply zones, the lower one is weaker and both are untested. Keep an eye on price...

AEFX786 Updated 

If we see a drop into the green levels, we should look to price action for potential reversal signals and aim for the highs. This is a trend continuation setup with great risk:reward.

AEFX786 Updated 

AUDJPY ran into a supply zone on the 4-hour and we're seeing a reaction to turn bullish and continue it's bullish trend. If the zone holds, we can aim for the zone at the top as targets. If it doesn't hold, we may get the stronger reaction from the zone below it. This setup has a great risk:reward.

AEFX786 Updated 

We look at price action as it gets into this sell zone for any signals of a potential reversal.