Gold has retested 1986 and now is looking ready to make a continuation to the down side once price breaks 1971.98 price will reach 1945.76
USDCHF on the daily TF price is bullish on the 4hr price broke structure and came back for a retest and then formed a nice bullish engulfing candle for a great entry.
This was a bad trade from the start. First of all when I took this trade I didn't have that 4hr zone level at 1.4525 marked on my chart to show me that it was a level of support right there. So I entered this trade on a support zone which is never a good thing to do then I didn't even have a candlestick formation for an entry nor did i have a counter trend line...
EURCAD this setup isnt an A+ setup but it was still worth taking so lets see what happens
NZDJPY this is my next setup looking to take NJ to 87.24
US OIL is bullish on the 4hr and has made a slight pull back and then formed a bullish candlestick pattern where i took an entry from.
AUDCAD daily trend is down price made a pull back in the 4hr resistance zone dropped down and formed a lower high and a lower low so now all im waiting on is a candlestick formation to show me bearish momentum then im jumping in short.
EURUSD has a lot of confluences at the moment which made this trade feel very comfortable to take.
If USDCHF can break that counter trend line and close above .8987 then that would be a nice level to take a long position from.
GBPCAD entry position this morning price broke the daily support level then made a LL and came back to retest structure then and thats where I took my entry.
USDJPY entry Keep it simple and clean... looking for price to retest 138.726 tp zone
Im holding AU short and anticipating it to reach or break below .7700 level...
We can see clearly that we engulfed previous week. That means that 0.7400 is inevitable. Daily wait for a retracement, sell around 0.7550 cuz it's a zone when all sell orders were made. Follow for ronizfx for more analysis.
Weekly we engulfed 2 previous weeks, couldn't break key level 109.193 If we see daily we can see that we engulft 12 previous days, and we broke the MA with bearish engufling, also monthly we closed as Doji. I'll wait for a retracement before making an entry. Tp: 107.000
TL broken, MAs crossed over, GA could retest to 1.6430 before it drops to Weekly support 1.6250.