Very clean bullish channel setup on Cad/Chf made a perfect higher high 0.79195 looking for a higher low at our 50% which lines up with a significant daily support level. risk:reward is 4:1 lets see this play out guys enjoy
Very nice trend trade setup on eur/usd still see the euro bullish with no signs on the dollar strengthening just yet has formed a higher low on a daily support level of 1.90290 with a 61.8% fib level and a respect of a daily trend line, also formed a inside bar which has broken out of. So plenty of confluence there to take the trade and trade what you see. Also...
GBP/CAD Has finish a inverse Head & Shoulder Pattern have a strong 4hr support at 1.59406. You also have a inside bar formation on the 4hr my entry is at top of the dominant bar and stops are at the 50% of the dominant bar. risk to reward is good. Fundamentally you have consumer price index coming out for the pound which is predicating to be positive. lets see...
Good Trend trade risk:reward is 2:1 Lets see this play out.
Potential 50% fib retracement on GBP/JPY before continuing the down trend.
AUD/USD has broken out of my trend line and testing it as new found support. if a price action signal presents itself i will take this long. Enjoy
Quick and simple analysis on GBP/USD. Fundamental Analysis: Last week the pound took a hit due to the bank of England keeping interest rates the same (.25%) whilst having a dovish outlook on the economy. We also had the U.S Dollar gain some strength since Friday with N.F.P coming out positive for the dollar (209K) and unemployment rate coming out .1% less than...
Just continuing my Aud/Cad analysis at the 50% which lines up with my 4hr resistance. Target is the same my weekly Support Lets see this place out.
Audcad is looking to continue its down trend from start of April 2017. Its looks like its finishing its lower high formation on the weekly with a 61.8% retracement, It also has done a 3rd leg touch on my daily trend line with a strong bearish pin bar rejection, i'm looking for it to come down to my weekly support (0.98318) Lots of confluence on this pair lets...