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Price at 200DMa and 50 Weekly ma. High potential for retracement to 4h 50ma. consolidation at these levels highly possible. A clear price drirection will appear after price interact with these levels.

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Price at 200DMa and 50 Weekly ma. High potential for retracement to 4h 50ma. consolidation at these levels highly possible. A clear price drirection will appear after price interact with these levels

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Break of uptrend Structure with double top consolidation pattern. Price to head to 0.76 short term and possibly 0.73

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Price to approach 72.00 level for Trend reversal or retracement.

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MArket structure: Downtrend Area of Value: 50Ma Entry trigger: Candle stick pattern SL Previous high of trend TP Next swing high

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Market Structure: Ranging Downtrend Trade strategy: Follow trend Using 4hr chart Head and Shoulder pattern in Play. Identify area of value using support and resistance Entry trigger: # candlestick chart pattern on the 4hr chart. Trade management: SL_Previous high; TP_Next Area of market structure/moving averages

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GBPNZD has been on an uptrend for quite a while and looks to be preparing for a move to the downside. After forming a double top on the daily timeframe. it has formed a series of double tops on the smaller timeframe. A break and retest below the 50DMA will indicate that price is ready to go further to the downside. Short term Profit should be at the 2.03 level...

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Price at 61.8 Fibonacci, Trendline support, and 200DMA. On the 4hr chart, a piercing Candle formed at this level. Price is expected to test previous swing high.

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Price forming a double bottom pattern

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Price formed a double bottom pattern.

obaroedafe Updated 

after price broke and closed above 65.17 level. A move higher and retest of this level confirmed bullish momentum from previous lows. following the Elliot wave pattern, price is possibly on its 5th leg up. This price action is expected to test the 50DMA at 66.34 area.

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Price broke and closed above 117.15 on the 1hr chart with a bullish engulfing candle on the 4hr chart. Price has also crossed both the 20 & 50MA on the 1 hr chart. Price is bouncing of a major support on daily chart at the 116.88 region.

obaroedafe Updated 

Price has broken above descending Triangle pattern formation and a retest of that level at 1.4000 region. On the 4hr chart price is currently at a confluence of the 20,50 & 200DMA. Long position to test 1.4200 region.

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Price has been consolidating below the 50 & 200DMA for a week now. In this consolidation period, a double bottom has formed on the 1hr chart. Price action is expected to test the Previous high of 0.8833 before a move to the downside may occur. This level is also where the 20 DMA is at the moment and the 200MA on the 4hr chart wil likely Meet with Price movement...

obaroedafe Updated 

you don't have to be an expert to see this patttern forming. The obvious support at 1.6595 zone is not broken yet. once this support level is broken, i expect a freefall to between 1.5900 -1.5700 region.

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it looks like a retracement of the downward trend has been completed on the monthly chart for NZDUSD. fib retracement was at 23.8 and price has failed to break through this level on both occassions thereby forming a double top at that level. Price Movement indicate that there moight be further downtrend in the coming weeks or months.. Take Profit at 0.62544

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AUDUSD going for the last phase of its drop against the USD. Short position to 0.729X for a nice 100pip profit. nice and qucik. GL

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Short Position with likely Retest of support of trendline in the coming weeks.