USDCHF H4 Sell: - H4 Resistance holding up - At top of trend channel - Starting to see rejection of resistance area Need confirmation: - Daily closure below resistance and within our channel - May be able to get a better entry if we wait for price to touch the top channel again. Entry: - Enter between: 0.99750-0.99850 - Stoploss:...
GBPAUD H4 Buy: - Bullish Flag Pattern - Buy from bottom of consolidation zone Need confirmation: - We need to see a bounce from support zone or trendline. - See signs of bearish pressure slowing down. Entry: - Enter between: 1.89100-1.89000 - Stoploss: 1.88700-1.88600 - Take profit 1: 1.90400 - Take profit 2: 1.91800
USDCAD D1 Sell: - Descending trendline bounce - Rejected H4/D1 resistance zone - Elliott Wave triangle pattern Need confirmation: - Next daily candle closure below the resistance level (blue box). - Price respects the daily downward trendline Entry: - Enter between: 1.32900 - 1.33000 - Stoploss: 1.33350-1.33400 - Take profit:...
EURJPY H4 Sell: - Bearish trendline breakout (to the downside) - Strong bearish selling pressure last week, looking to continue Need confirmation: - Looking for a retest of the breakout area - this is the optimal entry place - Price maintains closure below the trendline which indicates selling pressure is high Entry: - Enter between:...
AUDJPY H4 Sell: - Downward trendline - Broken through local H4 support - Wick rejection which shows bearish pressure is still active Need confirmation: - Maintain a closure below the newly formed resistance -H4 bearish trendline holds up - no breakout. Entry: - Enter between: 73.650-73.700 - Stoploss: 74.00-74.050 - Take profit:...
NZDJPY H4 Neutral: - Daily Sideways market - Between D1&H4 resistance and support zones Need confirmation: - Await for a breakout of the sideways moving market before entering a buy or sell. - When price breaks out await retest before entering.
CADJPY D1 Buy: - Bounce off daily ascending trendline - Two daily candle rejection from breakout Need confirmation: - Price can break blue resistance box - Next daily candle closes within our structure. Entry: - Enter between: 81.800-81.900 - Stoploss: 81.300-81.400 - Take profit: 83.800-83.900
GBPCAD H4 Sell: - Daily triple top - D1/H4 Resistance - No more higher highs have been set Need confirmation: - Reject the resistance level - See bearish price action Entry: - Enter between: 1.70600 - 1.70500 - Stoploss: 0.71050 - 0.71000 - Take profit: 1.65
GBPUSD H4 Sell: - Bearish trendline - Bounce off descending trendline Need confirmation: - Trendline holds up and we do not see a breakout Entry: - Enter between: 1.29000 - 1.28900 - Stoploss: 1.29500 - 1.29400 - Take profit: 1.27600 - 1.27500
GBPAUD H4 Sell: - Daily double top - Rejected H4/D1 resistance zone - Strong bearish daily candle close Need confirmation: - We may see a bounce from daily trendline breakout - Price does a retest to the resistance (for optimal entry) Entry: - Enter between: 1.89800 - 1.89700 - Stoploss: 1.90300-1.90350 (Above previous candle wick) ...
CADCHF H4 Sell: - Broken neckline (head and shoulders pattern) - Retested the breakout area (neckline) - Seeing signs of rejecting newly formed resistance - Broken daily double bottom/support level Need confirmation: - Price does a retest to the neckline (for optimal entry) Entry: - Enter between: 0.74900-0.75000 - Stoploss:...
AUDCAD H4 Sell: - Broken strong support level - Retested the breakout area (neckline) - Seeing signs of rejecting newly formed resistance - Rejection of 50% fib level Need confirmation: - Price rejects the resistance level and continues to fall Entry: - Enter between: 0.90200 - 0.90100 - Stoploss: 0.90500 - 0.90400 - Take profit:...
Breakout of bearish trendline and have retested this level. If we can bounce off of this level we can look to buy back up to the top of the original structure.
Got possibility for a set up both buy and sell on this one. Need to see a breakout above resistance level or below support before confirming which direction this will go.
Bearish channel is forming with no breakout to the upside when touching support level. Looking for a break of support level before entering a sell position.
Head and Shoulders pattern. It is a litte late to enter now but when the neckline breaks we can enter on the retest.
Flag pattern forming. Enter at bottom of the consolidation zone to buy up to local resistance level.
Break of support level followed by a bearish H4 candle. Enter a sell upon retest of the breakout area (now resistance)