Aloycwl

Aloycwl Updated 

AUD seemingly going strong and now the market is active.

Aloycwl Updated 

Recent breakout and USD rallying. Should rebounce a bit but not going to fall much below the new support line.

Aloycwl Updated 

Just hit the long term resistance and showing weak sign of reversal. Could have placed the stop loss above the line but going for a quick scalp before hitting the lower trend line.

Aloycwl Updated 

Short squeeze before the cross meet, double top or M setup. Was confirmed by 3 bars.

Aloycwl

False breakout and the price re-entered the trend lines. Majority of USD pairs show they are going down.

Aloycwl Updated 

Recent false break through being retested at trend line again. No recent support therefore have clear point for drop.

Aloycwl Updated 

Trend is consolidating with trend lines forming a triangle channel, price hit lower channel with a sign of a short rebound.

Aloycwl Updated 

Usually price will move towards convergence and this is too close, there may be a chance it will still be moving towards it.

Aloycwl Updated 

M and support. Problem is it should go back to the middle line, this is just a short burst.

Aloycwl Updated 

Triangle intersection, price will usually head towards there with slight exhaustion.

Aloycwl

GBP generally down at this moment. This pair hit the previous resistance but to play safe, I seldom go for so many more than 10 pips.

Aloycwl Updated 

3 peak forming head and shoulder. Impulse showing downward movement

Aloycwl Updated 

Hit a mid-term trend line with a perfect U shape. Time for market to readjust a bit and ride on the quick rebound.

Aloycwl Updated 

Has been in the channel for quite some time, broke a few times, can sculp this but don't go full short as this might be short rebound.

Aloycwl Updated 

Current trend broke the trend line with previous false breakout. Scalp quick pips before potential false breakout.

Aloycwl Updated 

Market is violatile and upper channel have rejection before. Lower channel broke the channel line and good opportunity for scalping. The rest of EUR pairs is showing obvious movement, AUD contra a bit to EUR but will eventually breakthrough.

Aloycwl Updated 

USDCHF hit new high in recent days and created a upper channel as resistance zone. No major activities and should go with natural market movement.