EUR/USD - Structure Identification and ForecastRecently seen EURUSD reject 1.21. This is in line with a key psychological whole level and where price has previously bounced from, either as support or resistance.
The red line is a potential price path.
We are awaiting some hawkish fundamentals for the USD to act as a potential catalyst to break this structure and find bears entering the market.
Use channels to identify trend. Don't take trades purely off trendline bounces - they can be very subjective and very retail!
Short-signal
BTC Sell Signal - 7pm 4 Hour Candle7pm central in 1 hour 20 minutes if btc opens a new 4 hour candle below 47,800 it will make a big move to the downside. However if btc recovers and holds above 48,500 we’ll have to watch closely on the next 4 hour candle for a signal
41-43k target, if we don’t hold then it could be a bad sign trending down into the 27-30k area for our next support
AUD-CAD Horizontal Resistance! Sell!
Hello,Traders!
AUD-CAD has broken out of the falling channel
Established a double bottom and broke the first major resistance
On its way up. Now, however, the pair is close to another resistance
And I think AUD-CAD needs a correction from such a powerful move up
Thus, there is good chance to get a pullback from the level
So once we see a reversal pattern,
We will go short!
Sell!
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GBP-CHF Bear Flag Sell!
Hello,Traders!
GBP-CHF is has formed a bear flag pattern
While trading away from the support and resistance levels
Thus,I am bearish on the pair
And I think it will go down after a breakout
To retest the support below
Sell!
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EUR-USD Two RESISTANCE Levels! Sell!
Hello,Traders!
EUR-USD is now making a bullish correction
But overall bias is still bearish
Therefore, we are focused on the two resistance levels ahead
From which the bearish continuation might start again
If the current level is broken, then get ready to short
From the level above!
Sell!
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NZD-CHF Will Fall From Resistance Sell!
Hello,Traders!
NZD-CHF is trading closer and closer to the resistance cluster
And I think once fully reached
We will see a breakout and a correction
To retest the pair's rising support below
Sell!
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GBP-USD Near The Resistance! Sell!
Hello,Traders!
GBP-USD is making a pullback from the rising support
And is retesting the horizontal resistance
However, I think that the correction will continue
And therefore,I am expecting the pair to fall
Back to the support
Sell!
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🏛AUD_JPY NEAR LOCAL RESISTANCE↘️SHORT🔥
☑️AUD_JPY is now making a pullback from the lows
But now it has hit local horizontal resistance
And I think the pair will retest the support below
Therefore, i am expecting the pair to bounce off the level
And go down to the support
SHORT↘️
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GBP-USD Major Breakout! Bearish Continuation! Sell!
Hello,Traders!
GBP-USD was trading in an uptrend
But now, it broke TWO major support lines
The breakout is conclusive,
Thus, I am expecting further fall to retest the next support
After pullback to the resistance confluence!
Sell!
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NZD/USD - Short PositionWe can see this position still running profitably despite a pullback at market open.
In line with our long term directional bias and LTF price action.
Lets see how this develops over the coming days.
Have a great trading week all! And any questions you have about this set up please don't hesitate to drop me a private message!