We've done analysis on EURNZD and believe there is further potential to the upside for this pair. Intraday Analysis - on 15m chart - We have marked out our Intraday Pattern - We have a bounce off the EMA's - EMA's are beginning to fan out, confirming our long bias Daily Analysis - on Daily chart - Target 1 & 2 have been marked out from recent resistance...
the high of last week and this week has been hit 3 times, looking for a reversal
Nice short scalp for 15 pips to the low of the week (just above to cater for the spread)
we can see divergence as the first point of confluence, followed by intra-day resistance. looking to go short AUDNZD and close position around the 200EMA
We have long trapped volume from yesterday bounce around the resistance line from Tuesday to collect contracts and confuse direction for traders. Today we have a nice fake break out to the high, expecting to see a drop to the 200EMA
Coming off of long volume trapped from Friday, i'm expecting some nice bounces off the 50 EMA and 200 EMA, possibly 800EMA if price wants to make a push. Overall i'll be scouting short positions, waiting for London Open.
Nice triple bounce off the trend line, looking for shorts during London Session
Looking for short entries off this nice double top on EURCHF. we can see from yesterday there's long holders trapped and now a double top showing signs of a reversal downwards
Looks like a false break out of recent resistance. wait for price to tank a bit to confirm short entries
Friday has trapped short volume once price breaks the 50 EMA and 200 EMA i can see a nice long scalp
Looks like a clear money grab here, a long entry to the 800EMA
Multi session double bottom, nice long entry to the 800EMA
Yesterday trapped short seller volume, we can see a nice bounce on intra week resistance and a nice move to go long up above yesterdays High of the Day (HOD)
Nice Head and Shoulders pattern from Fridays session. gap has filled from the weekend drop, and now price is looking bearish for the next few sessions. Wait until 200EMA is broken to enter
Huge multi session double bottom still in play. Have a nice retracement to the 800EMA. Price will most likely bounce a bit, and once we see price lift towards the 50EMA then we have a nice entry for long about 25 pips.
Price has retested and filled the gap from over the weekend. From Friday we can see trapped short sellers volume with expected rise for Monday. Enter when price hits the High of the Day (HOD) for about 16 pips just under the HOD from Thursdays session.
On the 4HR timeframe we have a nice bearish butterfly pattern that has just formed. I'll be looking for short entries throughout the week, but expect that Monday will be a retracement, then short Tuesday-Thursday
on the 4HR timeframe USDJPY has formed a clear bat pattern now on the lower timeframe we can see a nice potential double top forming. IF price retraces down to the 115.000 level, there's an opportunity for a quick short scalp to yesterdays high of the day (HOD) keep note, risk to reward isn't that great, must keep an active moving SL