We expect a continuation in the downtrend, after this clear bearish engulfing candle. Target is around last low.
We see a nice breakout and retest, and expect the price to move at least to the zone we draw, before a continuation to the upside.
We see a clear double bottom. So we expect the price move atleast to the last high.
Good sell opportunity! :) Give an feedback if you like it, (or not.. haha.)
An nice sell opportunity coming up on this pair. Please feel free to leave an feedback! :)
On the monthly we also see a nice break of structure. So it is still potential that the price will move more up. But for me i decided to place my tp as I told in my video, for a nice short-term trade.
GBPAUD uptrend has been broken. We also see an double top on the 4HR.
after, the big dump we see an abc correction. Almost time to sell.
GBPJPY is ready to make that last push to the upside.
price is likely to continue the downtrend. Rejected the 0.5 fib level, + break of structure.
Gbpusd sell opportunity. Sorry for my not so good english, haha!
After a slow downtrend we now finally see that price is likely to go in an uptrend.
Now instead of sells, we are looking for buys on GBPUSD. Place BUY STOP at: 1.38504 SL: 1.38168 TP: 1.3894
First Time in English. Sorry about my not so good English. Will work on it! - On the weekly timeframe we see that the price has touched an important zone in May. The price broke the uptrend, and broke the bullish structure 2 weeks ago. On the daily timeframe we see that the price has touched the 0.618 fibonacci level. The price also respects the trendline....
- On the weekly timeframe we see that the price has touched an important zone in May. The price broke the uptrend, and broke the bullish structure 2 weeks ago. On the daily timeframe we see that the price has touched the 0.618 fibonacci level. The price also respects the trendline. Beautiful. The level we are looking for is 1.3525. SL 1.3900
NZDCAD: - On the weekly we see that the price is still in a bullish uptrend / structure. On the daily we see that the price rejected on an important zone. On the H1 the price made also an double bottom. The price we are looking for is 0.891 SL - 0.867 We wait for a bullish structure on the H1, or we place a buy stop at 0.8726.
Watch the video from NZDCAD for more explanation. NZDCAD: - On the weekly we see that the price is still in a bullish uptrend / structure. On the daily we see that the price rejected on an important zone. On the H1 the price made also an double bottom. The price we are looking for is 0.891 SL - 0.867 We wait for a bullish structure on the H1, or we place a buy...
Trendline is broken on the 1H timeframe. Now the price is looking for an support which we marked on the 4H chart.