FXKing009

FXKing009

Just a chart showing breaks in 4HR structure and my next position for AUDCAD

FXKing009

AUDCAD is looking very bullish at the moment - as you can see from the chart, price is starting to break out of the descending channel It would need to create a higher high for confirmation of this move, which could happen by the end of this month

FXKing009

My bias for this pair is still bullish, at the moment though I'm just sitting on the sidelines as it just looks to be consolidating As soon as I see a break in that structure I will look for a long position

FXKing009

My current bias for USDJPY / Waiting for price to get into my area before looking for a long opportunity

FXKing009

Waiting for confirmation before buy Please see chart for my bias and analysis

FXKing009

In my opinion we are now going to see weakness in the USD and I'm now looking for buy setups on the XXXUSD pairs Please see the chart for a break down of my analysis, Happy trading

FXKing009

Price has broken the daily range and im looking for a retest before entering a long position to the established resistance area

FXKing009

My bias for this pair is LONG as it is with all XXXUSD pairs Price has been on a downtrend for over a year and price eventually has to go up, the initial test of 1.23000 was a pullback as you can see from the chart - This was from August 2014 Price came to the same area again and fell because we had a breakout in July 2020 and the area was never retested - Price...

FXKing009

Looking at the chart we can see a big bullish candle followed by a pinbar / doji - this could indicate a pullback to the area thats been broken before a long to the above resistance level

FXKing009 Updated 

A lower low has been formed and it looks like were rejecting? oh this could be a bumpy ride

FXKing009

Looking like a big pullback - Please see previous analysis for my bias

FXKing009

Price has broken a daily level and rejected, im seeing rejections on lower timeframes Shorting to support

FXKing009

From having a quick scan of the chart it appears that BTCUSD is coming down for a retest after making its higher high then we might see the big push that everyones waiting for

FXKing009

More buys until price reaches the retest area then I see a BIG SHORT coming.. only time will tell, need to wait for confirmation before the big move happens

FXKing009

In my opinion CADJPY is getting ready to go long to resistance of 94.100 We can see the big buillish move that happened recently and now price is testing the daily highs that were broken - Im waiting to see a larger rejection before entering a position to go long

FXKing009

After looking at this pair on a higher timeframe I can see it currently at a weekly support level and consolidating for the next big move up There are several Dojis forming on the weekly timeframe and a pinbar / doji appears to be forming on the monthly.. for now its probably safer to stay away from this pair or just trade the range

FXKing009

Break and retest... on the lower timeframes I am seeing quite a few rejection candles including gravestone dojis I would like to see a rejection on a higher timeframe but this looks good to short from now

FXKing009

I dont think this pair is bearish just yet as resistance is roughly at 117.400 We have seen a structure break on the 4hr and currently price is retesting, I will be looking for rejections in the area highlighted before going long to resistance