ashddylan

ashddylan Updated 

Coming from a very strong AB=CD breakout pattern we're seeing a strong short opportunity. This pair has been trading in this triangle since December and the support & resistance lines have been respected very well, I've entered a short position and looking at a drop to 0.98049 over the next few months.

ashddylan Updated 

EUR/NZD's lows started to lose momentum over the past week while approaching the previous support, it tested this area and almost immediately shot back up. Quite recently it tested this area again and I entered a long position having it's previous reaction and the low's as my confluence. We're either going to see the price fall from 1.53079 or reach the resistance...

ashddylan

I was looking to go short on this pair until I came across this cup and handle pattern on the 1hr time frame. As you can see it's hit some support around the 1.64079 area, I'm still sceptical as this is occurring on the 1hr time frame and I usually stick to 4hr, daily and weekly charts but if I see some bullish indicators I'll enter a long position.

ashddylan

After manually closing my short on the EUR/AUD 0.07% after spotting some bullish signals I decided to do some more technical analysis and found a Bullish Shark on the 4 Hour timescale. This further adds to my idea of there being a breakout soon, especially considering the Shark ends in the same region as the end of the wedge . I'll be entering a short position...

ashddylan Updated 

False Breakout like I predicted and a sharp fall back into the wedge, I entered the trade at 1.43052 and price is now moving in the 1.4100 region. If you haven't already entered, now will be a good time to go short, all signals are still bearish for the foreseeable future.

ashddylan

Price is currently ranging between 1.54448 and 1.52039, we could see a continuation of the breakouts uptrend

ashddylan

We're approaching a big breakout in the EUR/AUD Pair, the Falling Wedge that begun in late 2015 is coming to an end and we can expect a breakout from this alone, but trading with confluence is key. EUR/AUD has been in a Flag Pattern for a number of years now and price is approaching the support area, we could see a false breakout the closer we approach the end of...

ashddylan

As you can see we've got a Ascending triangle on the 1hr chart, I'd set up entry orders above the slope of the lower highs and below the slope of the higher lows. The price will break out we just need to hop on the wagon in whichever way it chooses to go.

ashddylan Updated 

Not the strongest Head but the market seems to be riding the downtrend of the right shoulder

ashddylan

Expect a big breakout soon, we've got a symmetrical triangle here. I would set up sell and buy orders to make sure you catch it. 60-70% sure it's going to go down