Price moves into previous resistance zone. Buy when it bounces
Broke through support and retested previous structure, sell now Lower Lows
Resistance becomes potential support, buy if price bounces
Trend is upward on daily chart, ma50 above ma150 Trend is upward on 4-hour chart as well Price bounced 3 times from this trend line. If it bounces for the 4th time, follow the trend en buy! Note: Wait for confirmation candle SL) 1.0147 TP) 1.0221
The overall downtrend is downward (ma50 below ma150 on the daily chart) and the price bounced off trendline (Daily chart) Price bounced off 50ma and 0,5 Fibonacci level(4-Hour chart) Price bounced off 150 ma (1-Hour chart) Therefore this is a good short opportunity SL) 1.685 TP) 1.6624
Sell opportunity. Retraced to 0.618 fib level (4-Hour) 2 moving averages, 150ma below 50ma, indicates bearish momentum short term (1-Hour) Forming a triangle pattern (Daily) SL: 0.966 TP: 0.944 Comment below if you have any thoughts on this!
Channel breakout and price retest, therefore short SL) 126.7 TP) 125.4
Price moving into the previous support zone, 0.5 Fibonacci retracement. The trend is downward therefore short opportunity. Wait for a candlestick pattern to confirm a downward move. SL) 1.677 TP) 1.616 Comment below in you have any thoughts on this!
Price is moving into the previous structure, the previous trendline, and moving into the 0.5 Fibonacci level. Trend is upward Wait for confirmation TP ) 115.15 SL ) 113.30 Comment below if you have any thoughts on this!
Potential short opportunity on NZD/JPY. Price is moving into previous resistance zone, therefore we can expect a pullback to at least the previous structure level. SL ) 75.7 TP 1 ) 74.5 TP 2 ) 73.6 Comment below if you have any thoughts on this!
Price pulling back into previous support zone, the trend is downward. Therefore short now SL ) 128.7 TP 1) 127.5 TP 2) 126.5 Comment below if you have any thoughts on this!
Buy opportunity for AUD/JPY, price moving into previous support zone. Candlesticks indicate trend reversal, therefore, go long! SL) 78.45 TP1) 79.75 TP2) 80.49 Comment below if you have any thoughts on this!
Buy opportunity on EUR/NZD We see a pennant formation and it broke to the upside. It retraced to a 0.618 Fibonacci level, therefore we can buy. SL) 1.739 TP 1) 1.758 TP 2) 1.770 Comment below if you have any thoughts on this!
Short opportunity on NZD/JPY, price moving into a major trendline. Price in bouncing off ma50 and a Head & Shoulders pattern is forming. The tendency of the price is to go lower. Therefore we can expect the price to move into the previous support zone. SL) 74.1 TP1) 73.1 TP2) 72.5 Comment below if you have any thoughts on this!
Now: bounce off 50ma, previous structure and 0.618 fib zone This means potential reversal to the upside. MSFT is still on an uptrend so buy the dip! TP) 120.00 SL) 109.00