EUR/USD - Sell Opportunity!Price is currently in a falling channel. We are looking for price rejection at our indicated area for sell entries
Thetradingdistrict
AUD/CAD - Sell Opportunity - DONT MISS IT!Price is currently rejecting off of our daily descending trend ilne. We are waiting for price to break out minor trend line support for sell entries.
NZDUSd - Short setup!NZD/USD has broken our trend line indicating potential downside. Price is now printing a corrective structure at the moment. We are waiting for price to break this corrective structure for sell entries.
GOLD - Will we hold 1680 support?!Price has broken our trend line and touched a strong area of support around 1680s. We will be looking for sell entries only if price breaks and hold below 1680s. If price holds the current area, we can expect price pushing back to 1730s
AUD/USD - Sell Opportunity!Price has printed a wedge formation. We are waiting for price to break the trend line and looking for sell entries to target 0.6000s
EUr/AUD - Double Bottom! Buy SetupEURAUD is beginning to print a W Formation / Double Bottom reversal pattern. We are waiting for price to break the neckline for buy entries.
US30 / DOW JONES - BEAR TRAP!On a technical basis, we believe this short term bull rally is a massive bear trap. Price has reached key level 24000 resistance. This area has acted as major support on the daily/weekly/monthly time frames.
Feds are pumping money into the markets causing strong optimism, but will this cure this down fall?
If we have major negative catalyst, we can expect price to break below our trend line to bring price to the down side to 21000
AUD/CAD - Sell opportunity setup!Price is expected to break out of our minor channel highlighted on the charts. We will be looking for sell entries once price breaks.
EUR/USD - Buy Breakout PotentialEUR/USD is currently in a falling channel and has formed a double bottom. We are expecting price to break out of our channel for potential upside. We will be monitoring this pair and enter buys ONLY IF it breaks out of our indicated zone. If price rejects, we can expect price to continue to fall in the channel.
GBP/JPY - Breakout Strategy! Price has been consolidating on this pair for almost 2 weeks. We are waiting for price to break our highlighted areas to play the ranges on the lower time frames. Zone to zone.
NZD/USD - Sell Breakout OpportunityNZD/USD has broken our rising trend line. We are waiting for corrective structure on lower time frames to enter sell entries
AUD/CHF - Sell opportunity We are short biased on this pair. We are looking for price to break and retest our rising trend line to enter shorts.
AUD/CAD - This weeks planWe are monitoring price in our key highlighted area. IF price breaks above, we'll be looking for long entries. If price rejects and heads down to break our rising trend line, we'll be looking for sell entries.
We will monitor AUD fundamentals to further gauge its direction.
EUR/USD - Short setupEUR/USD has been in a strong downtrend for quite some time. Here, we see a rising channel forming. For this setup to work, price needs to remain below our key flat level 1.09500 and break the bottom trendline to the down side.We will be looking for safe sell entries ONLY IF the bottom trendline breaks.
USOIL - Channel breakout planWith Saudi and Russia oil war still looming, we should still feel pressure on oil prices. We expect price to play within our rising channel and break at least towards 22.00s.
EUR/CAD - Breakout PlanPrice has broken our trendline. Price needs to remain below for sell entries to TP 1 or TP 2
GBP/CAD - Breakout planPrice has been consolidating for a while. We are looking for break out of this mini range. We'll be taking trades in the direction of the break.
EUR/JPY - Sell opportunityEUR/JPY respecting our key level 118.700. If price breaks our trendline, we can expect price to fall to the 116s.
We will be looking for short entries ONLY IF price breaks and remains below our trendline on the chart.
AUD/USD - Sell opportunity!AUD/USD price is now making a minor pull back before it breaks our channel. We'll be looking for short entries ONLY IF price breaks our channel.
Take profits are boxed in yellow
EURJPY - Breakout PlanEURJPY has potential upside if it can break and hold above our descending trend line. We'll need price to break and hold above 119.350 for continued upside.
EUR/JPY - Break and retest plan!EURJPY has broken key level 118.700. We expect price to pull back to this area for short entries.
NVDA - Inverted H&S breakout planPrice has printed an inverted head and shoulder pattern. We are looking for price to break and hold above $280. Assuming the market regains traction after the corona virus scare, we should see price reaching back to $315s
GOLD - 1653 next target!After the Feds cut rate today, market sentiment push gold prices. We are expecting a retracement to our key level zone of around 1630's. From there. we'll look for buy entries to target 1653s. If 1653s break, we may head back to 1680s.
