w pattern has formed during right shoulder of HS. Hit strong resistance too, so expecting a short here. 100 pips.
has formed and the hourly chart is clearly on an uptred, showing signs of recovery. quite afew shooting stars are forming so be careful
SMAs have already crossed over, however, a shooting star has formed and added pressure there from resistance lines thare are days old. be cautious with this cureency pair, personally i would avoid trading it, because there will be bullish and bearish limit order being filled in. WAIR FOR A CLEAR BREAK OUT. Scalpers my gind this vltile enough to steal afew pips.
on the hourly chart we can see that SMAs are parallel if not widening, we have hit a strong weekly resistance so there will be a pullback before the trend is followed, take profits along the way.
approaching a resistance that have been strong over the last two weeks
buy agter 0.645, keep a close eye, as momentum is slowing down.
ranging with large whicks, potential for buy ot sell, though a but seems more likely in the symmetrical wedge. Short term sell. longer term buy
Ranging, goog for scalpers, wait and see when it breaks out properly and use stop loss.
Moving into a depleted supply zone, likley to retract back up. Cannot expect many pips here as chart is moving toward the apex of a wedge. MACD is weak
upward trend in a symmetrical wedge. Demand zone met, 20 SMA has crossed 50 SMA, LONG position. Wait for LONDON session to open, and buy.
Above SMAs, which are about to cros over, above bullish trendline on daily, 4hr and 1hr. Price action confirms not inhbitors to upward push.
A wedge has formed on the daily. seems like we are close for a breakout. On 15 min chart we see ranging, below the 50 and 20 SMA's. Likely to be a short. Wait for confirmation.
Symmetrical triangle, bottom is being tested, wait for confirmation of bullish candle and buy. BANG. Money!
decending wedge in 4hr and 1hr with a daily down trend. Using MAs and other indicators to ride the smaller trends and when they whick out.