Long-signal
GBPJPY SWING BUYAnother great set up presented here where price is retesting the previous daily structure that was holdin right above the broken weekly TL and yesterday we coudl see how price retested it and created a 2nd daily structure/impulse right after failing to break below the monthly PRZ so if we get a daily close above 143.00 we might see a nice push to the 146.00 area
Prepare your longs for AUD/NZD by ThinkingAntsOk4H CHART EXPLANATION:
As explained below on the Daily Chart, there is a strong upside potential here. However, in the 4H chart, we can observe that there is a Descending Trendline. To get a better scenario, we will wait for a breakot of this trendline to take short positions on this pair.
DAILY CHART ANALYSIS:
AUDUSD possible Longafter getting a good profit on buy we can see that this pair is still trending upwards personally i close the trade and wait for an exhation to enter again that way i can make more pips in less time so there is a buy signal i have a Tp2 on this one and we will share it on our telegram channel that you can join us link is on bio
t.me/fxfortuna
USD/CAD LongWe are starting to see USD CAD bounce and react well to our major support line at 1.297.
Also seeing how we play off the small 1 hourly trend line to continue the upward trend.
Risk is at about 0.30%, usually, USD/CAD sees form of manipulation before continuing the trend, so will be watching closely today...
EUR/USD - BUYERS STEPPING IN AT MULTI-YEAR LOWSThe EUR/USD pair has just reached a multi-year low on a resilient US dollar, but today's candle shows that buyers are willing to step in at those lower prices.
The pair competed a 5-wave wedge pattern and the RSI shows a strong bullish divergence, signaling that further strength might be ahead.
We're following this pair in our trading group and will act accordingly if the market gives us a buy confirmation.