Overall on the H4 we have a bullish market structure. The price is approaching the flip zone and as u can see creating a falling wedge pattern and the MS on H1 is down. Wanna see a break of MS on H1 after which we can go long on the pullback.
Breakout Long @ 1.7092 Tp 1.7132 SL 1.7051 Countertrend long. Lengthy extension of ma20 on the daily. cup&handle formed. Strong area of support for GBP. News
Breakout Long @ 0.7441 Tp 0.74690 SL 0.74145 Trend Continuation. Reduced Risk Profile having in mind we're trading inside a daily supply/demand zone and the extension from ema20. The price might pull back closer to the moving average before or even after breaking the key level.
Breakout Countertrend Long @ 1.20328 Tp 1.20568 SL 1.20084 Bias is still bearish on the short term. Price hasn't hit daily support yet. Use caution - reduced risk profile.
AUDUSD H1 Price is near the weekly low of the previous week. on the daily and weekly price failed to make a new high to the up and retraced back. Expecting that price will make head down to grab some liquidity for going up. For now highly likely price will retrace up to fill some liquidity before going down.
Breakout Long @ 3.65 Tp1 3.69, Tp2 3.75 SL 3.56 A strong quarterly report should support this short-term movement. DOM pointing to strong resistance at 3.69. Keep an eye on what happens after hitting this target.
Nas100 has tested the 14k price again and seems to be retesting. I’ve marked the zone it plans to retest and then potentially progress toward breaking the previous top/resistance toward 14200 area. I initially thought we would see a clear inverse HNS, but we seemed to have ‘double bottomed’ before making our way up to the breaking point and beyond. I hope this...
The price has been consolidating in this interval for several days. I have identified three main levels where we need to be alert to price movement. These are: 0.7815, 0.7775, and 0.7690. I indicated my guess how the price might act this week with arrows.