NZDCHF Possible BreakoutNZDCHF trapped in a triangle where the next destination for price is DOWN. We can expect price to drop to 0.67300 with enough selling pressure and hopefully a retest of broken support.
Noindicators
XAUUSD Possible BreakoutThe pair is in a previous channel of support and resistance, last seen earlier this year. With the Bears dominating this market, Buyers are yet to make their move. If resistance indicated in ORANGE is broken, it is one step closer to gaining momentum and breaking recent resistance at 1322 and hopefully GOLD sees green again. If that fails to happen, the only direction is DOWN.
XAUUSD Possible BreakoutThis pair has reached the 1320 zone just as I predicted in previous post but went even further to the 1315 zone. Gold has tapped a strong support area at 1307 which has last happened at the start of January. If it breaks below the 1305 area and if the chances of a retest occurs, who knows where price is headed next.
EURUSD Bullish BreakoutThe chart speaks for itself. Do what you must and that is to BUY the BREAKOUT. Lets hope for a retest for confirmation and enter a LONG position.
XAUUSD Upcoming BreakoutXAUUSD is consolidating and forming a narrowing wedge pattern. We can expect a breakout to either side, just be sure to be there when it happens to catch some PIPS. 4HR Chart
ZIG ZAG BTCThe price will escape from "The Zone", the question is the direction! wait and take a decission
Shorting EUR/JPY.After reaching a strong resistance level that converges with a dinamic one, we got half a confirmetion with that doji.
AUDUSD wave analysisLooking at the larger time frames, The AUDUSD has made an ABC zigzag correction, and the trend down from that is here as the high, there are 5 waves down, with divergence between the 3rd and 5th waves on the 1H MACD, should this be the bottom, I am expecting a correction to the upside before looking for a longer term sell.
GBPUSD 4H sell The correction looks like a regular flat, looking at the 1H chart there is divergence between the third and fifth waves on the latest move up. Price is also sitting nicely on the 50% fib retracement, I'll be waiting for a break of the orange trendline before entering the trade.
GBPUSD sellThis is only on the 1H chart, price has just recently finished an ABCD pattern, I'll be waiting for the price to break through the blue line, before selling, making sure I have a 1:1 risk reward ratio. Looking at the higher timeframes I think this pair is due to come down some more too. So if price breaks through the higher timeframe's resistance level, then I'll hold onto this position.
AUDUSD short term sellWait for a pull back up to the blue trendline, then enter the sell to the lower blue line (a bigger connection of lows if you look at the higher timeframes.
EURUSD mid term shortA head and shoulders pattern appears right at the top of the recent trend, as you can see, price action has come back up to retest the line drawn from shoulder to shoulder, I will trade once I get a signal on a lower timeframe, and trade back down to the line shown.
Long term Short on GBPUSDAs shown this pair recently bounced off a huge trendline here on the weekly chart. I'm expecting this channel to break to the downside. One profit target should be the lows as drawn with the red line, I'll open 2 trades when price is ready to fall, to keep one open until it shows signs of turning to the upside.
NZDUSD SHORT+ clear rejection of the 0.72300 resistance
+ 78.6 FIB retracement
+ Downtrend (Im' waiting for a lower low)
EURGBP 4HR SUPPLY ZONEPrice is currently in a 4HR supply zone. Potential selling opportunity. Sell order set if price departs south from the zone
AUS200 DAILY SELLING OPPORTUNITY Possible selling opportunity from the Daily supply zone above marked above current price. If prices does fall from the zone, there is no opposing demand till roughly 500 pips away
AUDUSD LONGSA weekly close above key monthly resistance last Friday above 0.7550 gives us projections of upside potential to weekly resistance at 0.7780. Statement is supported by Fibo extension level 161.8%, a weekly break and close of monthly resistance @ 0.7550 , bullish engulfing candle pattern. We are waiting for further price action.... a retest/consildation around 0.7550 , and longs will be in play :)
