BrainwavesFx

BrainwavesFx

Price is currently trading close to a daily resistance and has been rejected once. Price may push up higher a bit before finally retracing downwards to the strong confluence of trendlines and support.

BrainwavesFx

On the daily timeframe, price formed a nice double bottom. Here on the 4H, we are also seeing a nice inverted head and shoulders pattern forming. I am bullish on this pair. However, I will wait for the break and retest of structure before going long. If USDCAD resumes it's downtrend, I will keep an eye out for a short.

BrainwavesFx

EURAUD is currently trading at an important level. Although I am bullish on the pair due to the structure on daily, I will also keep an open mind for a possible break of trendline, hence a bearish move.

BrainwavesFx

AUDJPY formed a consolidation around the confluence of support and rising trendline. The icing on the cake is that it has broken above the consolidation and is now retesting it. Find a nice entry to go long.

BrainwavesFx

GBPUSD made a nice impulsive move last trading week. I am expecting a retracement this week. I will be on the lookout for reversal structures before shorting the pair.

BrainwavesFx Updated 

Price broke the rising trendline and is currently retesting it. There is a possibility for more push to the downside.

BrainwavesFx Updated 

GBPUSD is at a demand zone. A break above the zone will confirm a bullish bias. Keep in mind also that it could also bounce from the zone.

BrainwavesFx Updated 

GBPCAD formed an inverted head and shoulders pattern on daily time frame. A break and retest of the trendline will confirm a bullish bias.

BrainwavesFx

Price is currently consolidating above a support and rising trendline. I am bullish on this pair. However, should the confluence of support be broken (which is possible), my bias will change according to the new market structure. What's your bias on this pair?

BrainwavesFx

EURAUD has been consolidating for a long time and the price is currrently reacting to a resistance plus descending trendline. A break above will confirm the bullish bias.

BrainwavesFx

USDCAD is currently trading around a daily demand zone. There's a high probability that price may push up from there. I am bullish at the moment. However, should price break the demand zone, my bias will change.

BrainwavesFx

EURNZD formed a reversal structure on daily and is close to a resistance. A break above will confirm a bullish bias.

BrainwavesFx

BTC to $10.5k?

BrainwavesFx

Price is currently piercing through the resistance. Waiting for a confirmed break and retest to go long.

BrainwavesFx

Price just broke above a resistance level. Waiting for a retest to go long.

BrainwavesFx

Bullish continuation pattern spotted on XRPUSD.

BrainwavesFx

Price is currently consolidating above a rising trendline. A breakout will confirm the next directional bias.

BrainwavesFx

Currently observing the strong bullish momentum on GBPUSD. A break above the descending trendline and resistance will confirm my bullish bias.