FortuneFXtrader

FortuneFXtrader Updated 

Right now price is in a classic trend continuation pattern for one more move towards the downside (possible C wave). Looking for PA to show entry signs for a nice short term long trade. So for right now I am BULLISH short term and then I will reevaluate where I think price will go if it reaches my TP area. FXT :)

FortuneFXtrader Updated 

Looking at this short term trade set up for this week coming up. RSI is also showing overbought conditions and MACD is showing signs of momentum loss.

FortuneFXtrader Updated 

Price has been pushing down on all pairs against the CAD. Looking to see if the bearish momentum continues to the bottom before rethinking market direction. Be on the look out for any bullish impulses since we are approaching what may be the bottom of the trend. I will update charts accordingly. For now i'm BEARISH until PA shows me otherwise. Be careful traders...

FortuneFXtrader Updated 

AUD/USD IS APPROCHING DAILY RESISTANT LINE AT 0.77125. LOOK FOR LONG TERM TRADE SET UP ON H4 AND H1 TIME FRAME. - LOOK EITHER FOR BEARISIH IMPULSE ON 15 MINUTE TIME FRAME THEN TCP FORMATION BEFORE THE SELL - LOOK FOR H1 TIME FRAME TREND CONTINUATION PATTER (TCP) OR BEARISH CANDLE STILL FORMATION WITH PRICE ACTION. - 4H BEARISH CANDLE STILL PATTERN FORMATION...