-Price broke up the correctional trendline -Shows rejection @ 1.100 support -Aiming for 1.110
Pair in a clear Descending Trend, currentrly in consolidation phase. After having a fakeout from the 0.7690 resistance, I expect the pair to go down till the next support at 0.7580
Trying another long trade on NZDUSD. Although the general picture is bearish, the pair developed a nice correctional uptrend
Trying a new short on EURUSD -Descending trend -Resistance from 1.1680 showing a clear rejection -Aiming for 1.15
Adding another short position to EURUSD -Pair still in a downtrend -Previous low was broken -Had a small retracement -Going for 1.15
Adding another short position to EURUSD. Targeting 1.15
Although, NZDUSD is in a downtrend, the price met a pretty strong support @ 0.6840 from which it seems to react. I will try a long trade from the neckline of the previous structure till 0.6950, possibly 0.70
-Ascending trend -Price Action shows rejection from support level -Aiming the the next resistance level
- Descending trend - With the support from 1.17 broken EUR/USD has no good reason to stop the descending till around 1.15
-Descending Trend -Price seems to reject bounce back from the resistance level - Targeting the previous low
-Uptrend -Pretty strong support level -Targeting the previous high
Still long on GBPJPY: -The pair is making higher highs and higher lows. -The price is at a support area.
-The pair is making higher highs and higher lows. - The price seems to find support in this area.
1. Support 2. Bullish Engulfing at Support Level 3. Bullish Divergence
1. Ascending Trend on Daily 2. Important Support 3. Bullish Divergence
1. Ascending Trend 2. Bullish Divergence 3. Good Support Level
1.Bullish divergence 2.Double bottom 3.Beginning of a rising trend?