Price has broken my long term support and has come for a retest. Im short already. A break upward should invalidate my bearish bias and i'll look forward to going long.
Price currently creating LHs and LLs. To open a position, i would love price to get to my long term weekly Trendline. lets see
Price has just broken my Trendline resistance. Im awaiting a retest to go long. Lets see
GBP/AUD is overbought levels in weekly rsi, DeMarker, and bb Weekly MACZ-Vwap crossover for short-sell Weekly Moving averages are crossing for short-sell 1.800 take-profit target and 1.9320 stop-loss Retail sales expected bullish for AUD later Bearish expected construction for GBP later NFP is bullish expected so GBP/USD are short-selling
we will see a pull back and continue to the downside
Look for tap of trendline before a 80-100pip move lower. Simple Pip Hunting.
Huge move down expected Price is currently in a weekly ascending channel however i am predicting a huge move down. If price retests the key area highlighted then i will be entering a short position. great risk reward set up and stops above the key area. Going to be holding this trade for potentially months.
Critical level : 1.91641 Key level : 1.92626
Key Level : 1.9262 Critical Level : 1.91641
Pound Aussie is at a major support level from its long term channel, as you can see the market has already been making recently higher highs and higher lows in the buy zone, now the Daily has also formed a Bullish Engulfing Candlestick Formation breaking the CTL. im waiting for a little pullback on the shorter time frame then its good to go.
Looking for a 1k pip drop on this one. Price is making lower lows and lower highs, In order for this to qualify for a set up we need to see price climb up to the red region, and I want to see a failed attempt to break 1.8300-1.8400. This will show me the bulls are practically dried up in respect to the time frame and we could be prepared to see a move down (wave...
I love trades like this, a cheeky Head & Shoulders formation at the top of a potential Range. Nice big round number, very simple trade.
looking at two scenarios here. price action to determine what to do. Brexit resolution could make this to breakout quite violently to topside, or if that dissapoints, we may see this drop back down. only time and price action will tell. patience is key. note that the RSI and Stoch are showing signals over overbought, and that this may come down again, hard.
GBPAUD broke the horizontal resistance and retested in the daily chart, further advance is expected. Price is also in an uptrend channel, Look to buy. Great RR if price goes as predicted! Possible entry: 1.7950-1.80 Stop loss: 1.7850 Take Profit: 1.8200 1.8400 1.8700 Feel free to share charts in the comments!
We've been moving pretty sideways here as price has been consolidating. We've held support despite a bearish TK cross so I am looking for a breakout of these current strings of candles to look for a buy entry. I've made my target previous structure highs, but I may hold partial position longer as long as we get the breakout I'm looking for. If we get this bullish...
retest of structure on the 61.8 fib Daily T.F 3 Pin Formation