Mustapha87

Mustapha87 Updated 

pending at green

Mustapha87

looks like a breakout..

Mustapha87 Updated 

alternatively short on AUDCAD & EURAUD

Mustapha87

downtrend, Nice fib retracement on the 1 hour chart, EMA resistance

Mustapha87 Updated 

fib retracement at up trend

Mustapha87

Trading this specifically and potentially because of these 3 reasons: 1) AUD is getting stronger than NZD USD is getting stronger than AUD Therefore, USD get much stronger than NZD 2) Looks like a potential long term double top 3) Price action has long left the 50 & 200 ema, and may retrace back If it does fall and a new bottom is created, I'll...

Mustapha87

4 hr short 50 ema & 200 ema crossed signalling a change of trend confluence

Mustapha87

short on 1 hour time frame looks like it'll bounce off 50 ema and go down towards 200 ema

Mustapha87 Updated 

It just hit long term up trend support zone, has room to move up within the triangle, 1st target is red line

Mustapha87 Updated 

Rationale: Structure CAD has rallied well with recent oil rally, but AUD has OUTrallied it... wierd. Time for AUD to crash now.

Mustapha87

Then look for bearish signs

Mustapha87

Long until resistance... then potential short at previous daily resistance, look for trend breaks or bearish signs.

Mustapha87

Short after trend break or bearish signals

Mustapha87 Updated 

Long at previous long term trend support

Mustapha87 Updated 

Downward trend looks like it could be ending. GBP looks like it's breaking out in most other pairs, but is lagging in this one. If it does break out for this pair specifically, long it. However if it doesn't and continues down, then look for NZD trades, as this means NZD will be getting stronger.

Mustapha87 Updated 

GBP breaking out in most pairs

Mustapha87 Updated 

short on reverse pullback

Mustapha87 Updated 

grrr