Trader856

Trader856

Evidently there has been a breakout of a channel which could allow for a potential long trade with a good R:R. Also there seems to be a bearish engulfing candle on the 4 hour time frame at a supposedly strong zone, but unlike previous rejections at that zone, the momentum to the down side is not as strong which may be confirming the bullish bias. *NOT FINANCIAL...

Trader856 Updated 

There seems to be a bullish falling wedge pattern forming on the 4 hour/daily time frame could be a potential good R:R trade. Goodluck.

Trader856 Updated 

GBPJPY has been in a strong down trend and has broken from a sideways channel which it has retested on Friday. Assuming rejection continues which can be seen from the hammer that has formed on the 4HR time frame, then there is a a potential good R:R trade to the downside.

Trader856 Updated 

Potential gold short

Trader856 Updated 

There seems to be a hammer on the daily chart on resistance showing rejection from the upside, and could be a potential good opportunity to sell the CADJPY.

Trader856 Updated 

Double top on 4 hour time frame not reflected in the MACD and other indicators, and perfect rejection from same level