Upward triangle form at resistance point, bullish momentum came to an end, bearish stepping in look for sell
We can see there is triangle and multiple wick rejection on H4, i risk to sell
DownTrend line borke, MCAD crossover, will buy at retest point with 1:2 Ratio
Downtrend broke, and retested, I may look for long
We can see GBPJPY is at resistance zone, and creating triple top, with a big triangle MACD about to cross we will wait it to break the uptrend then we will do for sell
NZDCHF has reached 61.8, MACD is about to cross, we will wait it to break the uptrend, then we will go for sell
Once the EURGBP break above, and MCAD crossover, we will go for long. We can see there is a big triangle in H4.
EURCAD falls back to the support zone, and we can see the selling pressure is decreasing, we will look for buy
We can see Gold is having rejection to go lower, we will buy until selling pressure come in
it seems like good time for selling, retraced 50% and it is at resistant zone
To Me, USD AND JPY pair are not tradeable at this moment, it is ranging and waiting for NFP tomorrow for momentum, we would need to wait for breakout and retest for trading opportunity.
AUDCAD beautifully retested on 61.8 yesterday with bearish pin bar, and created a downtrend channel, we predict it will continue going down to the orange line target
We predict EURGBP retrace and retest on 0.618 and will continue going up
The GBPNZD respect to the trendline, and we will see it to go up again
We can see AUDUSD is in H4 dwontrend, and in the resistance zone, we can have short term sell
GBPUSD had been rejected in this area 6 times, it is consider as strong rejection, it is a good entry is DXY turns strong
We can see DXY have already broke the upwards trendline, however we may predict it will reject at the strong support there,
we can see GBPCHF is following H4 trending, howver there is strong support below, we will have wait too break and enter at retest to have better entry