FX:AUDCAD currently in bullish trend on monthly, weekly and daily. There’s a clear breakout of resistance on H4. Therefore, I’m taking a long position on AUDCAD till price reach the next daily resistance.
Risk : Reward = 1 : 4
FX:EURGBP currently in a strong bullish on monthly, weekly and daily timeframe. Recently, price just made a breakout of resistance on daily. Waiting for price to retest on the broken resistance and further going up till the next resistance on H4.
Risk : Reward = 1 : 2.5
FOREXCOM:XAUUSD is in a strong bullish on daily and H4. Currently, there is a breakout of resistance on H4 timeframe. Therefore, planning for long position on XAUUSD till the next resistance on H4.
Risk : Reward : 1 : 4
AUDUSD currently strong bullish on monthly, weekly and daily timeframe. A clear breakout of resistance observed on H4, waiting for price to make a pullback/retest on the resistance. Planning for a long position on AUDUSD till the next daily resistance above.
Risk : Reward = 1 : 4
NZDUSD is still uptrend in daily and weekly timeframe, therefore we assume that it is in corrective phase before continue its bullish momentum. In H4, price seems unable to form new lower low, indicates that bearish momentum has weaken. We could also see that price has break the downtrend trendline.
Risk : reward = 1 : 3.
GBPCHF is uptrend in weekly and daily. Price now has completed its correction structure. We are going to see gbpchf going bullish on next week.
Risk : Reward : 1 : 4
USDJPY is still downtrend in weekly. In daily timeframe, we could see that price are forming higher high and higher low indicates that market are in attempt to push upward. However, recently we can see price are creating a new low at the same level with the previous higher low. This could be a sign of reversal for daily timeframe. In h4, we could see the depletion...
CHFJPY is in bullish direction in weekly and daily timeframe. However, we can see the depletion of bullish momentum in daily and H4 timeframe. This indicates that price are making a correction before continue its rally to the upside.
Another evidence, we could see that price failed to form a new higher low in H4. Instead, its create a new low at the same level...
EURJPY is in bullish trend on weekly and daily. Based on H4, instead of forming a higher low, price form a low at the same level with previous higher low. This could be a sign that market will make a correction to complete it’s structure on higher timeframe before continue its rally. Therefore, we are going for short until the structure is complete.
Risk : Reward = 1 : 3
USDJPY has shown bullish trend in daily timeframe. However, it start to show bearish candles indicate that price is doing a correction before continue the bullish impulse. Based on timeframe H4, we could see double top formation, and market has break the previous HL. Therefore, we are going going short for intraday, until the structure is complete,
Risk : Reward = 1 : 3
EURGBP just break the previous key level. After breakout, it shows indecision candlestick. The last candlestick closing in bearish indicates the market are gaining bearish momentum.
Risk : reward = 1 : 3
CADCHF just break the previous key level. Formation of shooting star at the key level area. We might see market to going bearish next week :)
Risk : reward = 1 : 3
CHFJPY just break the previous key level. We might see the market to make a pullback into the key level area and then continue its bullish momentum.
Risk : reward = 1 : 3
GBPCHF just break the previous key level. We might see the market to make a pullback into the key level area and then continue its bullish momentum.
Risk : reward = 1 : 3
Eurjpy just break the previous key level, we might see the price to make a pullback to the key level and then continue its bullish trend.
Risk : Reward = 1 : 3
