USDJPY should go lower depending on the structure and price action.It made a triple top with divergence and now im looking to get short after that trendline breaks since in this phase its correcting from that last impulse wave.The next support area is at 105.60 area but this might go lower until 102-ish area.Trade with care.
Im expecting a break the channel that formed during correction, which will result in another impulse wave towards 1.43 area.
Depending on wave structure we've come to a point where we could seek for opportunities to buy.Im looking to go long if the black trendline breakouts and gives us bullish signs.My target would be the 1.2740 area.Trade at your own risk, this is just a view which may not occur.
Opportunity to buy gbpusd since its in a .618 fib retracement and a support area.If gbpusd starts heading upwards it might go just until that trendline which is our first target.
AUDUSD BULLISH AB=CD WITH .618 RETRACEMENT AND 1.618 EXTENSION. RSI SHOWN OVERSOLD AND WE'RE IN A SUPPORT/RESISTANCE AREA SO PRICE MIGHT HEAD UP
GBPJPY is in a bearish trend so we're looking for opportunities to sell. A good opportunity would be at the 159.20-40 area since price broke a trendline and we would like to see a bounce from 0.618 fib up to retest the broken trendline before heading downwards again.
GBPUSD has been making lower highs and lower lows in a downward channel move.You can short now untiil the .618 retracement and close for a profit there, then I think If that trendline breaks, it will retrace back from .618 fib levelto retest the broken trendline before going down again.Trade at your own risk
GOLD has been making some lower highs and lower lows indicating downtrend, we have an opportunity to sell here on a pullback since its a good resistance area and its also in that .618 fib retracement.Price may head down until 1194 area.
Bullish gartley pattern on a channel lows in a clearly bullish market.
GBPAUD has been in a strong downtrend move so we're looking to be sellers. A good opportunity to sell would be here since the price has come a nice structure point, resistance area,that has held the price 4 times, and also has broken out of a little channel that formed in there.We're looking to place the stops above the highs and our first target should be at the...
We're looking at this short opportunity on m30 chart.Market is making lower highs and lower lows and is below 100SMA indicating downtrend. Price made a move down and a pullback upside now we're looking to sell with stops going above 0.618 and targets at 1.27 extension then 1.618 as our second target.
Bearish gartley forming at .786 off XA leg in GBPUSD 4H chart.Looking to go short on this after we see some reversal signs.
AUDJPY is making lower highs and lower lows which indicates a downtrend, we're looking to go short on this one after the the trendline breakout maybe we'll see a pullback to retest the broken trendline and then shoot down until the next trendline or supply/demand zone.ADX is above 25 and looks like its going up ,indicating a strong downtrend. Or price may also...
BULLISH ADVANCED PATTERN HAS FORMED ON USDCHF AT DAILY CHART.LOOKING TO GO LONG UNTIL AT LEAST 0.382 FIB LEVEL,WHERE ALSO A LAST KISS OF THE WEDGE BREAKOUT WILL HAPPEN OR THE MARKET WILL CONTINUE TO MAKE NEW HIGHS.
AUDUSD is likely to go bullish.Its a bounce from a trendline,a bullish pattern has formed,support line,we're looking to hold the long position until about .7120 area
Bearish Butterfly pattern has formed in USDCHF H4 chart.The price is also within a channel and is protected by a resistance line.RSI Divergence is also shown.Stop loss is placed in the next resistance line.Target 1 is placed at B point, and target 2 at a minor resistance point.If price reverses,look out for taking profits in case price starts to reverse at 38.2...
Bearish Cypher Pattern on USDJPY Hourly chart.D point has stopped in a resistance point making the reversal stronger.Stop loss should be placed in the next resistance point and target 1 is at 38.2 fib level,target 2 61.8 fib level.
Bullish Shark formed when price touched that 2.24 fibonacci extension.Looking to go long on this pair since rsi and stoch are oversold and price is also going into a supply and demand zone.Stops going below those recent lows, and targeting 38.2 fibonacci level.