EURUSD Possible long run to meet daily trend channel.
Divergence on 4 hr RSI, clean daily candle closed on daily trend, candle retested and closed on major support level waiting for next candle to form (will enter if pushes above the key level) Double bottom forming on 1 hour chart also showing signs of possible retracement.
RSI Oversold, W forming on 4 hour chart off trend line. TP projection set to 0.5 Fib level seen as previous S&R in daily frame.currently consolidating waiting for a break to the upside. holding through with tight stop loss of 35 pips with target projection 85 pips.
Slightly broke strong level of resistance. Looking for it to retest the zone and head on to the upside TP level set to daily trend line.
Looking to Short USDJPY - momentum slowing down as the rising wedge is completing
Rising wedge forming on USDJPY 1 Hour chart - looking to see a drop to the downside.
GBPAUD possibility - 30 pip SL - 40Pip TP.
AUDNZD has been consolidating for a while - looking to see a drop to the downside and respect the current downward channel .
AUDNZD - Possible bearish move looking to follow trend to the downside. been stuck at a consolidating phase.
EURUSD showing multiple rejections from monthly zone also had three rejections from trend line. Rising triangle clearly forming on 4 hour chart. Second leg of M has formed and on its way down.
CADJPY sitting on a major level of support and forming the second leg of a W on lower frame. Possible move to the upside.
EURJPY - Potential Bullish Move to the upside to complete the W sitting on a nice level of support - long term target to touch the upper support into resistance line.
100 Pips target hit from last weeks idea posted. The pair has fallen back to the trend line and rejected nicely. Divergence is also in play highlighted within the RSI. Looking to complete the W formation and enter a Long with profit targets varying from the 50-150 Pip region.
EURCAD looking to push down to previous S&R zone before gaining momentum to continue to the upside.
USDJPY oversold on RSI also respecting daily trend line looking to see a rise to the 0.382 level.