We have a strong bullish candle on the daily i would expect an exhaustion from this push, in order to get a opportunity long to the next level resistance
Im short on this pair till it reaches previous resistance now to become support
Potential flag forming on the 1 hour timeframe a break & close below the support line will give some confirmation on the bearish signal, my take profit level will be the length of the flat poll.
We looking at the retest of the broken support line now resistance, pending order set to sell this pair to our next level of support below.
We have a potential long here price action is heading to the support line any rejection on this level will give us long bias going to pay attention on this level for potential long
On this pair we have a rising triangle forming we will await a break on this pattern would be ideal getting some for of flag after the break out to confirm bullish or either bearish bias ,my take on this pair would be bullish but price action can do whatever.
I have a buy order at the retest of this wedge looking to take it to the next level structure, our wedge resistance line has been broken so waiting to get some respect on this same line but price action should use it as support stop lose @ previous structure low...had a pretty strong break higher.
We have rejection from resistance so looks like we heading for our support level below...however i will take profit on any important level below..if the bears don't have enough power to reach the support line.
I have a potential bat pattern forming on the USDCAD 4 hour, looks like we getting some nice rejection on the C leg once we head to the D leg and get bearish signals we will be looking to go short, in fact i wont be so aggressive on this one once we close below the D leg my entry is set to be there...take profit is on our C leg
Hi traders we are looking a Wedge that has been broken to the down side with a strong bearish candle we can possible expect a pull back after this push attempting to retest resistance of the wedge also have a down trend line we looking for any type of rejection to add more confirmation for the down side ,if it happens to reject our next level we will focus on is...
BTCUSD has broken the wedge pattern and is at resistance...we expecting a push past this level and retest back to treat this level as support, will enter on the retest, hopefully the daily candle will close above this level that will give this set up some confidence for a bullish market.
The daily wedge support line has been broken waiting for a deeper retest so that support act as resistant ,any daily close below the resistant line will give more confident on my short to the next level of 0.97049 as my first T.P then 0.95651 level as my 2nd T.P
Hi traders we have a descending wedge pattern forming on the USDJPY im bearish from the resistant of this wedge till the support structure also looking to break the support line till next level we have a flat bottom indicating a bearish wedge will have an eye on this support level once it gets there
We looking at the potential bearish move...Break of the flag could expose 0.97731 will keep an eye to see how price action treats this area if we end up short we looking to see how it will react to the rectangle once we break the lower support line of it we looking to short till our next level of 0.96914
We have a potential sell on this ascending wedge, break of the lower support line will expose the next level i will only enter on the retest of this break out ,will have an eye on this set up .
Here we have a potential set up if it plays out to close below the trend line 5pm EST then bears are looking to expose the next level support 1.6622 ,but if prise action closes back inside of trend line bears have no chance at this moment.
We have a potential long here...on the weekly we have a trend line since June 2017...we looking to break the range on the daily and close above the 1.28706...that will expose the 1.33095 resistant level..will keep an eye on this trade.