AUD/CAD - H4 - SHORT 3 REASONS: - 1) HITTING RESISTANCE ZONE. 2) BREAK OF TRENDLINE AND RETEST. 3) BEARISH REJECTION CANDLE.
EUR/USD - 4H - SHORT ALWAYS HAVE 3 REASONS BEHIND EACH TRADE YOU TAKE. IN THIS TRADE:- 1) TRIPLE TOP 2) TRENDLINE BREAK 3) BREARISH ENGULFING CANDLE ON RETEST
2 CLEAR OPPORTUNITIES ON EUR/USD DAILY. IM JUST WAITING FOR A BREAK TO EITHER SIDE AND A RETEST. WHO FAVORS BEARS OR THE BULLS?
here we have a long position R:R 1:2 aftter multiple touches on a support zone and retest after breaking a bearish channel
WAITING FOR PRICE TO REJECT OFF THE DEMAND ZONE AND FOR IT TO THEN BOUNCE DOWN TO SUPPORT ZONE. LOOKING AT GETTING R:R OF 1:2
Here we have a long opportunity on USD/JPY as it is in a strong support zone tested multiple times recently, confirmation was given just before market closure on Friday with a engulfing candle. as you can see we are looking at a R:R 1:2 (take profit just under the next strong resistance zone.
Here we see a completed first pull back after a strong bullish trend, with this pull back we see the signs for it to continue down after bouncing off a resistance that has been tested before hand
looking for retest to make a possible H&S pattern after recently breaking out off our downwards trend line ....
Here we have a clear breakout of a pennant wedge on aud/nzd on the 15m chart and now already bouncing of a resistance line,