Will be looking to short here, as you can see we have been in a range for most of this month. We have respected the resistance line repeatedly. As we can see we have also had a cross of emas and a macd cross
I see a potential break of the previously respected trend line, on top of this we have just had a MACD cross, the price has also rejected the resistance line 2 or 3 times I will be looking to catch the reversal of this pair.
Potential long here. Looking to follow price action here and will be looking to see if the price will respect the trend line as it has previously. As well as this we are about to see a MACD cross
short opportunity here. We have seen this pair respect the trend line multiple times, as well as this we've seen a MACD crossover as well as a 20 50 ema cross, we are also just about to break below the 200 ema
reversal inbound, nice head and shoulders forming plus macd about to crossover
I am initially looking to short this pair once we retest the resistance line, however, the pound strength is good today hence why we see the nice bullish candle if that momentum continues we could see this pair break out of this consolidation channel and continue to the upside
Looking at shorting this pair as its respecting the longer time frame downward trend line, and has formed a double top. Will wait for next candle close as confirmation
This pair is in a nice uptrend now, looking at the last movement if I had taken the marked trade it would have been a 600 pip movement. Given that this has not yet reached the previous resistance line I am aiming to catch roughly the same movement again before we hit the resistance and reverse the trend. Please feel free to comment your thoughts on this.
Continuation of the uptrend after a small retracement below trendline
will be looking long on this pair, as you can see it has broken previous resistance and now looks to pus to the next resistance level. The aim here is to take profit around halfway and then re-analyse.
one to look out for tomorrow, looking at a continuation of the downtrend
whilst this i respecting the upward channel, i will look for long positions
I will look to short this pair depending on market open prices. As we can see from the daily chart price has been respecting the support and resistance lines could potentially see a breakout to the upside hence waiting for the market open to see if the price will respect the support line.