LouisLongley95

LouisLongley95

We can see the 3rd tap on the trend line, also the rsi has formed a lower high, therefore a divergence indicating this i ready for some bullish movement.

LouisLongley95

Double bottom formed with a bullish engulfing candle.

LouisLongley95

We can see a very nice head and shoulders pattern forming with the right shoulder also nearing over bought territory.

LouisLongley95

Inverse Head and shoulders pattern, right shoulder also in key wick zone.

LouisLongley95

Here we can see EURCAD at a key support area, if i see a clear break i will be waiting for a re test before entering a short position down to the next key support.

LouisLongley95

Here we can see AUDUSD has broken through the daily trend line, i would like to see a retest of this before entering and going long to the higher time frame trend line.

LouisLongley95

My overall is long on this pair but as we can it looks to be forming a head and shoulders pattern which i will be shorting to the 3rd trend line bounce, which also lines up nicely with the 61.8 fib zone, entry around 1.06950 with a stop loss of 1.07200 and a take profit of 1.06400. Good luck :)

LouisLongley95 Updated 

This is my first analysis so go easy on me haha, but EURUSD looks to be forming a double top on the daily time frame at around 1.11500, which also happens to be a key level of resistance, upon looking at the 1h and 2h chart it seems to be forming a head and shoulders pattern, giving me and indication of a drop, i will be waiting for a break of the neckline and...