Another retest of support. Price preventing a lower low. If you would like to know more about this trading strategy, Let me know by messaging me through Tradingview. As always, manage risk! Risk only 1% of your portfolio per trade.
VXX (Volatility Index) is starting to show bullishness which means volatility could pick up. If VXX successfully breaks the rectangle, we can expect wild swings that could happen in equities (NASDAQ, SP500). Prepare for downside if ever that happens for equities.
AUDJPY - Retesting this level of support. Good place to start entering for longs with a decent risk-reward ratio. If you want to know more about my style of trading, you can message me! As always, manage risk, only risk 1% of your portfolio on any trade. Thank you!
AUDUSD is retesting this level of support. Might be a good area to enter into a long with a decent risk-reward ratio. If you want to know more about these trading strategy, just let me know!
AUDJPY reached a key daily level where potential trend continuation of downtrend can resume. Level also coincides with 61.8% retracement of the pervious leg up. 1H/4H candles show wicks signaling potential rejection and resistance level Expecting price to go down
Reached Key daily Support/Resistance Level with daily rejection signal At 4H, it shows potential breakout and retest of the consolidation range and falling wedge pattern.
AUDUSD - Long Opportunity on Retest after a Breakout of a range AUDUSD found support at the previous structure. Retested with a double bottom pattern. Price now coming into the trendline.
NAS100USD is looking for a potential breakout. Price seems to be retesting the neckline of the inverted head and shoulders pattern. The neckline coincides with the 61.8% fib retracement too.