georgewright17

georgewright17 Updated 

Short term I see this chart lower before a longer term move higher. COT data tells us the USD is being sold. Maybe the FED will trigger a big move? For now I like continuations in line with trend from EMA's and pivots. I like how price pulled back and held as buyers failed

georgewright17

As we can see this market is due a pullback of some sort. We typically see a bull run in the back end of Q4 so a correction now would then allow us to buy in at a cheaper price. AD line showing a lower low where price is not - indicates underlying weakness

georgewright17 Updated 

Daily chart very low and oversold stochastic - naturally due a move higher 1H starting to see buyers come in, price is breaking trend indicating a move higher could be on the card

georgewright17

AUD and NZD are due a pullback after some strong bullish moves. Im liking this pair, its broken back above resistance, a pullback around the EMA's / structure could give us a 4H entry. Ill be waiting for some bullish price action to confirm an entry

georgewright17 Updated 

*If equities push on, I would expect this pair to push higher also* However, Im aware of this potential reversal pattern forming, look out for bearish price action

georgewright17

Daily higher low made, 20/50 EMA crossover close by also. 1H breakout of highs and price has cleared an area of consolidation. Pullbacks on the 1H towards EMA's and structure to go long now we have some confirmation the buyers are stepping in. AUD and NZD are showing weakness.

georgewright17

Buyers channeling higher, showing weakness around a area of structure. Breakout now may lead to a run back towards the daily lows

georgewright17

Nice breakout today, im looking for a pullback to previous highs / 20 EMA / Daily pivot followed by bullish price action to then and then only take this market long. We must had an understanding of sentiment i.e. Risk on or Risk off

georgewright17

ZB1! often leads the way for golds move with a strong correlation. With this chart breaking out lower I would expect to see a fall back down the the swing lows and this means we can look for sells in GOLD (in the short term)

georgewright17

Still line line with a weekly correction lower, Im seeing 4H bearish cycles and a 20/50 EMA crossover Potential for price to meet 4H 200 EMA Ideally we want Oil to remain weak to drive CAD lower

georgewright17

Daily impulse higher, now we are seeing bullish pennant corrective pattern being broken higher I expect a run up to previous highs if the USD keeps its strength

georgewright17

Price is breaking daily trend line and 200 EMA, overall we can see sellers stepping in to what looks like a weekly retracement Im now looking for a 4H lower high, maybe a re-test of trendline or 200 EMA on the 4H

georgewright17

We got the 4H lower low and lower pullback to the previous low along with Fib confluence Sadly I missed this trade but it looks like we are heading to the 200 EMA target

georgewright17

Finally we are seeing some commitment from the dollar. We got the expected FOMC spike lower, now buyers are taking control. If we hold above this levels I want to be a dollar buyer

georgewright17 Updated 

Price looks to be breaking the trend line to the downside now with GBPUSD looking weak today coming into NA trading. For me to sell, I need to see a 4H lower low and then I will look to get short on a pullback / re-test opportunity.

georgewright17 Updated 

We saw a nice fake-out move lower, buyers immediately pushed price back above 1.38500 - below this level look for shorts. If we make a higher low / inverse head and shoulders pattern on the hourly, we could see a run up to 1.40. A break of this level will confirm longer term bullish sentiment

georgewright17 Updated 

If we can see 0.7800 and the monthly pivot area taken out. We could see the 4H inverse head and shoulders pattern play out with a run up to previous daily highs

georgewright17 Updated 

Im liking how price is breaking down on the 1H, 4H and the daily timeframes. We can see a 20/50 EMA cross also here. Im now looking for a 4H pullback to structure to go short. Its important before we execute we see a weak EURO and a stronger CHF so asses the majors