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IS IT TIME TO SHORT CADJPY?
CADJPY
, 240
Short
CADJPY: IS IT TIME TO SHORT CADJPY?

Hello traders! We are looking at a rally that has been continuing for quite some time now and it looks like we could possibly get a pullback. Previous support has been violated and if this is a valid head and shoulder formation development, we could see a bearish reaction. Pro broke out to the downside out of the wedge illustrated which ended the trading week and...

Will AUDNZD Revisit 1.08000?
AUDNZD
, 1D
Short
AUDNZD: Will AUDNZD Revisit 1.08000?

Hello again traders! Looking at this market we can see a possible triple top formation in the making. Of course we would need some confirmations but just off speculation, we would love to see this bears step in and take this market down to the 38% of this bullish rally. We could get a bearish reaction from this resistance area and if it is respected, we will then...

POTENTIAL SHORT ON AUSSIE CAD
AUDCAD
, 240
Short
AUDCAD: POTENTIAL SHORT ON AUSSIE CAD

Hello traders! We are looking at a possible short opportunity here on this market as the day closed within this channel after a breakout that was possibly fake. Previous support broke and now we look to see what happens if the market retests. Not looking for a huge move downward but it is possible. If this support now resistance holds then we could see a 25-80 pip...

WHAT’S NEXT ON THE METAL?
XAUUSD
, 60
Long
XAUUSD: WHAT’S NEXT ON THE METAL?

Hello traders, the market retested the consolidated wedge as predicted and we might see a buy opportunity from this 250 pip bearish impulse. There is a resistance level that may be tested as a correction. Can we short there as well? Analyze for confirmation and trading opportunities. This is an idea not a signal.

CAN WE SHORT?
EURGBP
, 120
Short
EURGBP: CAN WE SHORT?

Hello traders, we could see a reaction here. Head and shoulder set up where the market broke above the minor resistance area to create a head and is coming back for a possible retest. This is an idea not a signal. Analyze for confirmation and trading opportunities.

CHANNEL RE-ENTERED
XAUUSD
, 60
Short
XAUUSD: CHANNEL RE-ENTERED

Hello traders! Looking at the gold market, we see a triple top created which pushed the market back into a channel we’ve been monitoring. A wedge was formed above this channel and the market broke out to re-enter this channel. With a retest, we could see a bearish reaction towards the bottom. This is an idea not a signal, analyze for confirmation and trading...

SIMPLE BREAK AND RETEST
GBPCHF
, 240
Short
GBPCHF: SIMPLE BREAK AND RETEST

Hello traders, could we see a bearish reaction if this support turned resistance is tested? This market recently escaped from a consolidated wedge that was formed over 3 days of trading. Are the bears planning on taking position to push the market to the downside? This is an idea not a signal, monitor price action for confirmation and trading opportunities.

WAIT FOR IT! …..
GBPCAD
, 60
Short
GBPCAD: WAIT FOR IT! …..

Hellos traders, a double top was formed. If this uptrend is exhausted, we will be looking for a break and retest for potential short opportunities in this market, but patience is the key here. A break below the zone highlighted would be best before looking for opportunities to short. This is an idea not a signal, monitor price action for confirmation and trading...

WILL THE BULLS COME?
GBPUSD
, 60
Long
GBPUSD: WILL THE BULLS COME?

Hello traders, we are looking at a W formation with an extended leg currently making a correction to the mid point. We could see a bullish reaction from the zone illustrated for a buy opportunity. Please, this is an idea not a signal, monitor price action for confirmation and trading opportunities.

SHORT?
AUDUSD
, 60
Short
AUDUSD: SHORT?

Hello traders, we are looking at a possible correction here. If this minor support turned resistance is respected, we could see a bearish reaction to a resistance zone as illustrated. This is an idea not a signal. Monitor price action for confirmation and trading opportunities.

BEARISH REACTION POSSIBLE
NZDCAD
, 60
Short
NZDCAD: BEARISH REACTION POSSIBLE

Hello traders, we have seen a minor support area tested this morning and could see a bearish push tp the downside for 20 - 50 pips. This is a 50% retracement from the recent impulse and a short opportunity could be in play. Monitor price action for confirmation and trading opportunities. This is an idea not a signal.

POTENTIAL LONG?
EURAUD
, 60
Long
EURAUD: POTENTIAL LONG?

Hello traders! This market is returning to an area of consolidation where we could possibly get a bullish reaction (10-50 pips). This is a retracement towards the .786 level where a correction from this bearish impulse is possible. This is an idea, not a signal. Analyze for confirmation and trading opportunities.

POTENTIAL REACTION HERE?
EURCAD
, 60
Short
EURCAD: POTENTIAL REACTION HERE?

Hello traders! This market is rallying to a minor resistance area where we could see a reaction. NFP will be released tomorrow and looking for opportunities is risky right now. However, we can’t help but to wonder if this could be a great short opportunity for 20-80 pips in this market. This is an idea, not a signal. Analyze for trading opportunities and confirmation.

LONG OPPORTUNITY ON THE PRECIOUS MEATAL
XAUUSD
, 60
Long
XAUUSD: LONG OPPORTUNITY ON THE PRECIOUS MEATAL

Hello traders, we are looking at a possible buy opportunity on the gold market. We see price broke a support and rose above it, we could possibly see a retest near the (1762-1760) area for a continuation upward for a short term long position. This is an idea, not a signal. Analyze for trading opportunities and confirmation.

POTENTIAL SHORT ON THE POUND DOLLAR?
GBPUSD
, 240
Short
GBPUSD: POTENTIAL SHORT ON THE POUND DOLLAR?

Hello traders! Here we are looking at a possible bearish reaction as we see the market came to a level where it sold off in April this year. This is a right shoulder setup where the market is currently at a resistance. Could we see a bearish push to the downside? Analyze for confirmation and trading opportunities.

HEAD & SHOULDER IN PROGRESS
AUDUSD
, 240
Short
AUDUSD: HEAD & SHOULDER IN PROGRESS

This is an idea, not a signal. Analyze for confirmation and trading opportunities.

POTENTIAL BUY NEAR CYPHER COMPLETION
EURCAD
, 60
Long
EURCAD: POTENTIAL BUY NEAR CYPHER COMPLETION

This is an idea not a signal. Analyze for confirmation and trading opportunities.

POTENTIAL SHORT OPPORTUNITY
AUDUSD
, 60
Short
AUDUSD: POTENTIAL SHORT OPPORTUNITY

This is an idea, not a signal. Analyze for confirmation and trading opportunities.

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