Can see that AUDJPY is at a nice support zone that has been broken which turns into resistance. Got a good break and retest with multiple rejections on the lower timeframes. Also a 0.618 retrace into the fibs. Got about a 1:3 ratio on this trade. Any advice appreciated. Goodluck!
See that EURUSD created a head and shoulders pattern on the 9th and dropped for about 80 pips. Today I see that the shoulder zone has been broken, so I will be looking for a retest which its doing now. Also, lines up nicely on the fibs with a retrace back into the 0.618 area. Lastly, I see some divergence on the RSI. Will be keeping an eye on this trade and...
USDCAD is at a very strong resistance zone at the moment. See a bearish engulfing candle at the top of this nice zone and see divergence within the RSI. SL a 10-15 pips above the high and looking to attack the lows. Any feedback appreciated. Goodluck!
Looking for price to bounce off the 1797.138 level and continue to push up to recent highs. Stop loss below the last low and TP at the last high. Any feedback appreciated. Goodluck
Clear head and shoulders on Bitcoin and a clean fib retrace to the 61.8/50 level. I placed a sell limit right where the left shoulder is. SL right above the high.
Seeing a nice retrace to the 50%/61.8 level on the fibs here on SPX. Also noticing a nice bearish engulfing candle at a previous resistance level shows me that we can see a nice movement to the downside. Fairly new to trading any advice I'd love to hear thank you!
Gold has a clear head and shoulders pattern on the 1 and 4 hour time frame. It appears that the left shoulder zone @ 1775 area has been broken so I will be looking for a retest which it looks like its doing right now. I think we will be seeing a large impulse candle to the upside out of this consolidation/retest stage that Gold is in. It's also at a clean 50%...