altavistafutures

altavistafutures

USDJPY has been trending up..but look for reversion at top of range. Could also wait to break upward trendline which has retraced 61.8% of the prior down-leg. Look for big wicks at top of candles.

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CADNZD look for continued momentum lower, but beware that it's at the bottom of a upward sloping weekly channel

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EURUSD is bullish but look to take shorts after the bull run fails above the top of the Daily chart range and gets near or touches the top of the descending weekly channel. Proceed with caution because the current trend is indeed bullish. There will likely be some consolidation so beware of fakeouts.

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GBPUSD rising sharply...look for pullback and double bottom to take long position higher toward top of range

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USDCAD broke below strong support. Look for prices to pullback to the former support (no resistance) and retrace lower. Before shorting there should be strong momentum and long wicks on top of the candles.

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NZDUSD is near top of daily channel.. look for price to go slightly above the channel, consolidate e a bit then break below channel top and below trend line. Be patient there will lots of false reversals

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Short below support

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Upside breakout fails. Then take a short above the range on the pullback

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Look for a sharp break below trend line then take your short trade if there is a short pullback. There has to be strong momentum so look for a long beat candle and a short pullback.

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GBPUSD is reacting to a potential new resistance level that prior to the push lower was a strong support level.

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Take long trade in pullback

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Short on pullback at resistance

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Strong uptrend by pullback at support

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Strong upswing buy the pullback

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It looks like the bears have lost the battle and the market is pushing lower. Look for the bulls to make two more failed attempts higher then take the short trade after their second failure.

altavistafutures

AUDUSD has been in a range after consolidating following a sharp move higher on the daily chart. Look for price to pierce below the range then strongly revert back into the range. Take your long trade after a pullback from this sharp move back into the range. You want to trap the sellers into believing they can push the market below the range. Once they fail,...