AUDNZD - UPDATED AFTER STOPOUT - DAILY SHORT - 300817AUDNZD - UPDATED AFTER PREVIOUS STOP OUT OCCURED.
SHORT POSITION
After a previous stop out yesterday, re analysing the pair on the daily time frame has confirmed as a SELL position.
Doji candle has already signalled the reversal indicating that the price could drop down as far as the SUPPORT line due to BBANDS showing good amounts of volatility.
James
GBPJPY UPDATED - SHORT POSITION UNTIL WEEKEND - 300817SHORT occurring on this pair for the rest of the week, we should then see it return as a BUY as shown on the weekly.
STOCH needs to recover, signalling a SELL for the time being.
The price is currently testing a MAJOR RESISTANCE line and signalling a reversal at the latest MINOR RESISTANCE line.
USDCAD - LONG 0 290817USDCAD - LONG POSITION ENTER NOW.
Trade has been open for a day or so but a confirmed BUY is incoming when analysing the DAILY CHART.
Price is going to bounce back to the upper bollinger band.
CHECK THE 4HR - You will notice that it is touching the upper 4hr band, and they are beginning to ex vert. This signals another BUY BREAKOUT.
AUDCAD - SHORT SCALP - SWING BUYAUDCAD
SHORT SCALP occuring on a SELL, take a look at the 4HR charts and STOCH.
SWING BUY - Looking at the DAILY candles, you will see a large amount of backing behind the BULLS as per shown with the long wick at the bottom of the candle.
The price will SELL to recover its momentum and then re-test resistance.
GBPJPY - SCALP BUY - BIG SWING SELL - 290817GBPJPY
SCALP BUY - After STOCH recovers there should be a SCALP BUY until the minor resistance level has been reached.
BIG SWING SELL - A correction into a SELL will occur at MINOR RESISTANCE, where the price will eventually drop down to the SUPPORT LINE shown.