Market already forming a strong resistance on our higher timeframe, i.e 4hrs timeframe. Price has also failed to respect the uptrend and resistance level. Awaiting price to break the minor trend, after that, I would be looking to scale 1.3 Risk Reward on this pair. Expecting to see a break into next week.
AUDCHF failed to break above precious resistance. Looking for a clear corrective structure to sell into next week.
Breakout from Head and Shoulder Pattern. Minor retest occurs on lower timeframe. Selling back to previous support level.
Price has formed a nice ascending wedge that has been broken and retested in confluence with previous resistance level. Price is also retesting a major 4hr downtend. Would scale in a 1:3 Risk:Reward on this trade.
Price had mad a nice breakout from the descending channel and broke out of a corrective. Expecting Bullish pressure to the upside. Previous support level also retested and has broken the upside.
Price is currently retesting a confluence area with retest of fib, trendline and previous S/R level. Risking 1:4 on this trade.
This pair has completed its retest with the break out of a falling wedge. Looking to catch a quick 100+ pips on this pair.
This pair already retested the lower support of the descending channel, the market has created a trend reversal and has formed a retest. Waiting for a breakout to the upside to open a position on this pair.
Price is currently retesting at a key level, which was previous support level and in confluence with the downtrend. Price also broke a reversal uptrend with a corrective flag. My general bias is BEARISH on this pair.
The pair already broke out of a downtrend line, and is currently retesting with a pullback and also formed an inverted head and should pattern, My overall bias is bullish long term...
The AUDUSD broke out of a major downtrend channel and has now formed a clear head and shoulder pattern. The price of this pair is set to be bullish into the coming week.
Counter trend formed, ready for a sell. 200pips reward. Use proper risk management...
Breakout of H&S pattern. 70pips reward. Use good Risk management...
Third bounce off the downtrend, minor corrective structure completed.
Bearish corrective structure broken.
Daily corrective structure broken already.