Looking for breaks higher or lower after this wedge meets it's end This particular trade is looking for a move higher It could trigger a H&S formation which could open up a key break lower, out of the channel
GBPUSD buy at trendline support entry at 1.316 this is where we will pay attention to price action, stoploss placed at 1.3040 with an upside target of 1.362 which is a previous high.
We saw a nice little pullback on previous post then a huge reversal of 1.68 level Higher TF Pennant pattern Could see a retest of the top Trendline Waiting to see if we get a retest of 1.7 key level OR It just keeps on pushing Short term target: We could possible see a wick of 1.7225 by the end of the week Long term target @ 1.75 To complete a bearish Cypher
First trade of the week. Just opened a long position on FX:USDCAD . Lets see how it plays out :)
$YNDX price action and options volume suggests its headed higher in a big way.
Just been triggered into a long on FX:GBPUSD . I have taken two losses previously lets see if I can end the streak.
may see CADJPY pullback to 86.000 before going higher
I have opened a buy trade on FX:AUDJPY . Price has made a pivot low right off of my demand zone. Price is also making a series of HH's and HL's indicating a change in the bearish decline. I am targeting the daily supply zone.
EURAUD broke the downtrend. It is now pulling back to retest that trend with an advance pattern formation. These are usually good indicator to buy. I am expecting the retest of the weekly trendline. This is a swing trade. It is better to trade in between swings as well, with the intention of buying.
Here's my long setup on this pair. To keep it simple, I'll buy if price closes above the red and the blue line.
Indecision around support on both weekly and daily, showing bears have potentially run out of steam Break above yesterdays candle will trigger a long Target will be previous support
There is a bull setup currently forming on the AUDNZD. If it breaks with confirming indicators then it's a nice trade.
After the results we can expect a new years high. gl