This trade is only valid if the trendline is broken and retested, otherwise, it would be risky to take a blind sell now. A realistic target is in the 126.000 area. USDJPY is also at a very important level of resistance on the monthly chart. Goodluck. Please follow for more trade ideas that'll make you profitable.
NAS100 has reached our first TP target and is already continuing to make new lows to our second sell-off target. Trade with care and find a suitable entry to sell on a lower timeframe. Goodluck.
USDMXN has broken the double bottom neckline and looking to make new highs to the upside. It is only a Buy when price action does not break the previous low and bounces off the flip zone to the upside. Trade with care & good luck.
AUDUSD is ahead and looks to be making a lower low to continue the downward movement to the downside, we will be adding more positions to this trade as we have no risk anymore to this trade. It is advisable to wait for a retest of the new resistance that is formed from the new low. Trade with care & Goodluck.
I anticipated the right shoulder if it was to form an H&S it would go to the 0.65000 but only if the neckline is broken and a successful retest of it. Look for a retest and buy to the upside. Trade with care and Goodluck.
AUDCAD has broken the H&S neckline and is looking to retest for a drop to the downside, the retest will only be successful with a good price action pattern. Trade with care. Good luck
USDZAR could rally up with a new high from a famous pattern of head and shoulders. We will only look to buy the pair when the neckline is retested successfully for the strong push to the upside. Target is percentage-based with the Fibonacci on 200%.
CADJPY is making new lower lows after the trendline break, we could be seeing an explosive move to the downside when the support is broken, the sell-off is not valid until that significant level is broken.
NAS100 has dropped as per the analysis and will be looking to drop after the pullback that is currently happening, it will likely push to the green area at the previous supply & demand area before the rally on the upside.
EURJPY broke a strong bullish trendline, making new lows, if the retest of the resistance is successful then it is a sign of a beautiful sell-off to the downside.
We see the perfect bounce with price action supporting the upward movement from a strong support. Trade with care, this is a volatile pair.
USDCAD is about to form a right shoulder to complete an inverted H&S, this is also in support to complete the double bottom in the daily chart for the upside movement.
GBPNZD still has to push higher to the Fib 161 level, so here is an ideal buy to the upside for this week.
This pair has already broken the weekly resistance and is showing signs of pushing up to the supply and demand setup. Make sure to find an entry and rally up with it.
This is only applicable if the resistance breaks on the weekly chart, watch this pair closely as you do not want to lose out on a potential swing.
CADNZD is showing patterns of going to the upside if the resistance breaks and also something to consider for a swing.
GBPJPY has showen us that it is in an uptrend at the moment, It could retrace of course but we will see this pair continue to the upside.
Weekly trendline broke, trend looks good for the uptrend and downtrend could be very much void for now. This is a good structure for the swing traders. All the best. Trade with care.