Bearish-setup
NZD/USD 30-100 pips play ! (Short) Prices did not hold double resistance (Tenkan Sen + Kijun Sen) today.
They should now test the top of KUMO, which is very thin suggesting that a change of trend could be easily done.
1st target = Weekly TS (orange)
2nd target = Top of KUMO (red)
3rd target = Weekly KS (purple)
Good luck
AUD/USD short term retracement ? Price is currently trading below KS and it seems the uptrend has been broken.
Looks like prices want to test lower levels on a short term basis.
USD/CAD: Short short short We think the USD/CAD will continue to face further weakness next week. Some importants levels have been broken last Friday.
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Do not hesitate to comment or like if it is the case!
Jesse
ICHIMOKU NZD/USD Prices did not hold on Tenkan SenFib 61.80% corresponding to Tenkan Sen was tested but rejected. Next support 0.63936.
EUR/JPY POTENTIAL FOR BEARISH SWINGPretty self explanatory on the chart. My Daily and Weekly bias has now turned Bearish. Currently sitting at a Fib retracement point near resistance and IF we get the right price action i will be looking for shorts to make new swing low.
Target 1 = 133.50
Target 2 = 130.50
Target 3 = 128.10
Please remember this setup is only in play if we get the correct price action as confirmation
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LONG TERM AUDUSD SHORT SETUPWe are awaiting a break of the range base before activating long term shorts. Providing this happens as expected we will first target the -27 fib extension at 0.7360 followed by the support level of 0.7210 which is the range height added on which aligns with historic levels of support and resistance.
