This marked has printed a really nice bear flag on the Daily. The H4 chart shows that price has broken it and is now being tested from below. Also a light pullback on the weekly. I may look to enter on the break of the the last swing low as marked.
GBPAUD mean reverted back to the emas with a large bullish candle on the daily. The H4 looks has published a head and shoulders pattern.
We have a nested bear flag which has developed just outside the break of large daily bear flag. Price may go down from here. I will wait for a good break below the 4hr trendline before taking a short
Price has broken and closed below the trend-line (support) on the daily. It may drop from here, or make a small correction then drop. or as always, could be a fake-out and tomorrow it may return above the trend line. Not sure I like this setup too much but it has potential.
I posed a trade a long trade on cadchf before which was a breakout of the triangle consolidation. The breakout failed and now it looks like its trying to go higher again. On the 4 hour, price has broken higher and made a small three candle correction onto the ema and some support. Prices may go up from here. I will look for a clean break through the h4 trendline...
price broken support on the daily and testing what is now resistance. The 4hr has made a nice complex pullback (bear flag). Next major support on daily allows for 3:1.
Daily made a small pullback, which developed a nice 4hr bear flag which has now broken to the downside with room for 3:1
This is a 4hr pullback which could be a nice 100pip move down into support. I would look to enter on a 4hr break and close below the 4hr trendline.
GBPUSD has cleanly broken a weekly bear flag. I will now look for a pullback back up into resistance or at 8ema adn enter on downwards momentum. TP will be around 1.26789
This is the first pullback after a breakout of a sideways consolidation. I will look for a clean close breakout of the trendline on the 4 hour chart.
This is a weekly bear flag. Entry would be on a clean close break of the bear flag on the daily.
Short on the nested bear flag. H4 made a clean break and close below the trendline. In for 3:1, but will take some profit at the support level below entry which is at around 2:1
USDCAD has made a new high and now consolidated into a range box. A breakout candle on H4 (on close of H4) I will go long. Or fake break to the downside may leave a rejection candle which I'll go long on.
This is a AUDCAD short trade. A bear flag break on daily, followed by a nested pullback which is better seen on the 4hr. 3:1 RR can easily be hit before price goes past the low. Good spot also on weekly for short which is supportive of this trade.
This is a EURGBP short trade from a bear flag on the daily. which has now reached resistance and the emas. The weekly is supportive of a down move as it has corrected nicely to the EMAs after a couple of strong bearish candles. A measured move objective which should get 3:1 RR.