US DOLLAR index hit weekly support and has thrown a beautiful inverse head and shoulders.
PICTURE SHOWS ALL THE CONFLUENCE. GREAT SETUP CORE.FX INSTAGRAM COREFXTRADING.COM
Bullish engulfing off 50% fib, support level, and Trendline bounce.
Nice trade that took form this morning. Almost at take profit, risk eliminated from the trade. Follow Instagram core.fx and contact me for training course
USDCAD is nearing a very strong support. It is a critical level on the weekly chart as it is strong support and a Trend Line. Also, there is a 200 week SMA line laying in the same zone.
Strong downtrend, new LL made. Bearish Engulfing on strong resistance and 50% fib
Looking to join this trend as well. A nice bear rally up to one of these reversal zones with a reversal could be a great short.
EURUSD still trending higher. Broke to new highs, now looking for a nice pullback to enter long. FOMC meeting Wednesday could reverse course, or continue the trend higher.
GBPUSD set up just how I wanted. Bullish engulfing on the 4H was the last confirmation needed
Price broke a major weekly resistance level and could be a great long upon retest.
GBPUSD broke a very key level last Friday. As expected, price has now corrected and returned back to the broken resistance. It should now retest as support, and continue higher. I will be waiting for a confirmation before entering long.
UPTREND ON GBPCHF, KEY LEVEL BROKEN NOW BEING RETESTED. LOOK FOR CANDLESTICK PATTERN ON THIS SUPPORT ZONE
Strong downtrend on higher time frames. We have a daily support level broken, now being retested as resistance. Also a 50% retracement level, and threw a shooting star candlestick on resistance.