AUDJPY has been in an uptrend but now I am starting to see some possible divergence and could break the trendline on the 4H Chart and continue to fall to the downside.
Again, very new to all this and still very new to making my own analysis’ - just looking for honest constructive feedback.
Possible long set up on the EURNZD on the daily chart.
Couple of rejections at resistant. Will look for further confirmation on the support before I look to place a trade on this.
Risk/reward is sitting at 3
Let me know what you guys think 👍
looking for GBP/USD to break support, show a confirmation of resistance.
THEN short the market.
Exit at bottom of down trend approaching next support level.
here we should see a bearish continuation, respecting its trend channel. The objective will be fixed in the pullback area that is pending to be closed a few weeks ago.
Clear pattern on the eurusd chart of it going up and then down slightly. I presume the same pattern will occur here. Long and then short. any suggestions?
Looking at gold we can see a possible pullback into the marked zones after the breakout of the uptrend as seen. Watch closely early on in the week to see how it all unfolds.
If we create a pullback we could see a Head and Shoulders formation which could indicate a possible trade.
