It's broken out of the flag pattern and we've got a weekly bearish close below the channel, I'm very confident in a sell. There's lots of pips on the line.
Price broke out of consolidation/ resistance and closed above, retested the area, now acting as support. Retraced at prime 61.8% fib, the target is 1272 /1275, if you aren't already long now would be a good time.
AUD/USD has been a very tricky pair recently, I've heard all sorts of mixed opinions. I've re-done my analysis on this pair and I think we're going to see a short up movement before a rejection at 0.74573 or the channel trend line, i'm currently long on this pair and i'm looking to take profit around those regions. It's a very tricky pair at the minute, i'll keep...
Would like to see another bounce from trend line and some consolidation or retest before entering but I'm happy with what the market is showing, entry at 4hr close below 1.04977
Not much on this chart in terms of technicals but i think we're looking at a buy on this pair, following the uptrend we reatraced at the prime 61.8% Fib level and rallied up until now we're we've found support. We've been consolidating for some time now but as soon as we break and close above then i'll be going long to 128.163.
We've got ourselves a potential head and shoulders on USD/JPY along with a double bottom reversal, let's see what happens in the coming weeks. Sell if we break and close below 110.536/ consolidation and buy if we break and close above trend line and 111.943.
Very messy price action for GBP/USD but the momentum is still very strong to the upside. if the current candlestick closes like it is now, i'm going long to 1.30745 area. I'll make sure to keep you updated on this one!
Watch this pair closely i myself am looking for a short opportunity but either way is highly probable in my book.
I'd be lying if I said I was confident in the direction of this pair. I'm personally looking for a bearish move but with the strength of the Euro i'm just not sure, keep an eye on this one. Big opportunity either way!
It looks likes GBP/AUD has lost it's steam and is starting to breakdown, if this candle on the 4hr closes below current support i'll be happy to short to the 1.70698 area. My current stratergy allows me to sell now as price has closed below the Donchian Channel low but there's nothing wrong with more confluence, I'll keep you posted.
Price is due to carry on rising, by applying the parallel channel tool you can see price respected the bottom of the channel, im looking to enter the market when an opportunity presents itself. i'm also looking for another entry if we break and close above 1296.54 and possibly another if we break 1329.37.
Leave a like if my chart was helpful. :)
Leave a like if my chart helped you, i'm going to upload a weekly view so stay posted.
Price may very well fall again to the uptrend line, so don't rush into this trade! wait for the right signals! Good luck :) Leave a like if my chart helped you.
Assuming price does fall, here's what I'm going for. DON'T put all your eggs into one basket as I've found that Gold is very much fundamental based, it is pretty sensitive to general worldwide economic data so be careful and apply proper R/R
Information is all in the charts, stay posted I'll give you details into the entry in the next few minutes! :)