


WFFX
Looking for further movement to the downside with price breaking a key higher time frame support level, most recently price has formed a lower low and I am now looking for the next lower high using Fibonacci retracement, looking for bearish candlestick reversal patterns for a continuation trade to the downside.
Interesting day with not a huge amount of movement going on, like the look of AUDCHF with some movement to the upside but lets wait and see what price does and how it reacts to each level. Forming higher highs and higher lows, nice bullish trend, on the lookout for bullish candlesticks for a continuation trade.
Morning traders, couple of pairs on the watchlist and shaping up nicely, simple break bearish and look for the next lower high, or break and retest of previous highs.
A messy chart but I've tried to show key points of what I look for, most importantly is highs and lows, impulsive and corrective phases. EURCAD one for the weekly watch list, looking for further bullish movement following a recent higher high and break of trend line, need to see a bullish reversal candle stick pattern for entries.
Keep it simple, get your trend, trade with your bias, use higher time frames, for me the Daily is perfect to gauge price trend to see where price wants to go, and don't forget the best indicator is the individual candles them selves. Happy Trading Looking for further movement to the upside after price broke the 1.35 level and printed a new higher high, I...
After a break for Christmas and corona, back with 2021, lets see what we can do with Q1, hope everyone had a good Christmas and new year back to it, with a big year. EURUSD formed an upward channel, looking for further movement to the upside after breaking higher time frame downward trend line. But always plan for all outcomes, if we do get Euro weakness, we'll...
Morning traders, GBP finding strength, break of 1.35 forming a new higher high, I'll be looking for further upside movement with the following higher low.
Morning traders, is this the break for more upside? Euro has been very strong recently, its had a short consolidation since last Thursday, I'm looking for further bullish momentum.
Evening traders, waiting for market open, one for the watch list this week, looking for a pullback back into the neckline of the inverse head and shoulders, using fib levels I'm looking for the next lower low after the recent higher high end of last week.
Afternoon traders, a bit of weekend long term analysis, with a break of downward trend line and new higher high and higher low, suggesting a further move to the upside.
Evening traders, recently one of my favourite pairs, some nice intraday impulsive moves. GBPCAD will we get a bullish push and break the ascending channel up to previous highs around 1.8 level or continue the channel with a slight retracement down to the bottom of the channel and a continuation, or even CAD strength and a break of the bottom of the channel and a...
Gold looks to have shifted to a bearish trend and after printing a lower low yesterday, I anticipate a small retracement back to the support turned resistance which also lines up with the 0.618 fib drawn from the previous high and low. I believe this shift comes from traders and investors gaining confidence back into the stock market, closing positions and taking...
Morning, one for the crypto and bitcoin traders, little retracement after price hit 19500, price still respecting the ascending channel and I would anticipate a bullish push once again to 20k to form its all time high.
We have now got an inverse head and shoulders forming, if you missed the right shoulder entry, a break and retest of the neckline is a good entry point.
Morning traders, look to have a convincing break of the downward trend line, EU has broke a key resistance and seems to be continuing its bullish trend.
One more for tonight, lets see where this one goes, aiming for previous lows as it reversed off the top of a channel. Awaiting a clear and convincing break to the downside.
We've been in a bullish trend since May this year, we're now coming up to previous highs, an area of interest to see if we get a continued bullish push or a sell off, this will be the fourth touch and the three previous touches had over a 1000 pip drop. I would anticipate a slight sell off as buyers take profit at previous highs. Fundamentally if we get a clear...
Evening traders, looking at further downside movement on GBPAUD; Break of upward trend line Hourly bearish engulfing AUDUSD has broken a key resistance level and seems to be looking for a continuation of a bullish impulsive move, showing AUD strength.