Waiting for a pullback into the magic box where the trendline meets the Fib Confluence coupled with other factors still developing to look for longs. verification to come from HH HC candle inside the box with RSI OB
AUDUSD printing similar structure towards the magic box like EURUSD. Looking for longs using the same criteria.
All criteria for trend continuation met: RSI OB LL LC candle Structure S/R Trendline Break waiting for retest as TP1 Psychological RN 112.00 Bearish Trend - H4 & H1 Fib Zone confluence
Possible short in the horizon from alignment among S/R, Trendline, 2 Fibonacci levels and the psychological 1.0000 level while awaiting for a LL LC candle and the RSI to provide additional reasons.
The blending of two Fibonacci levels from two structure points coupled with structure(looking left on the chart) could present a decent sell on this pair coupled with RSI, candlesticks.
Waiting for price to pullback into the orange box to look for buying opportunities coupled with other filters
Whereas the bullish cypher does give a better reward, my entry has been triggered by the trend continuation inside the orange box off a HH HC candle with RSI divergence on the M15 chart pegging on 1.4550 to potentially hold but you can decide on which approach to use
Waiting for price to pullback towards 81.70s-81.40s to look for buying opportunities with a chance of an advanced pattern to trigger an aggressive buy or a HH HC candle inside the box. Projection is that the Fib confluence at 81.40 will hold a as support for this pair to the continue the uptrend.
A HH HC candle would illicit a buy inside the PRZ box
Confluence of Fibs, Structure support, Bullish Market, Continuous breaks to the upside could present a decent buy opportunity. Just awaiting RSI & candlestick pattern to give direction
AUDJPY is matching up with CADJPY on a bullish bat within the same time-frame reinforcing the idea that once the advanced pattern completes at 86.10, that a potential trend continuation will resume to the upside. This coupled with the rising trendline support. Updates to come
An opportunity to hop onto the trend with a bullish cypher marked with trendline & horizontal support, an advanced pattern, RSI??, break of structure to the topside
A LL LC candle inside the box will present a decent shorting opportunity for a move lower with the overall trend on H1
A HH HC candle inside the box could present a decent buy given the confluence of the Fibs, Support Zones as well as RSI being oversold
With the recent break above the trendline, a pullback into the box where trendline resistance meets horizontal support looking left and the FIb Confluence, a potential projection to 112 might present a decent buy opportunity.
Although a bit late, a double bottom could provide another entry for buys for those who werent able to get in the first time. The rising trendline support meets at the bullish bat D completion well and the prediction is to the upside.
The 4HR chart has just completed a bullish cypher with a good entry at market but the risk on the table is a little too much for my taste. On the flip side, after several failed bearish cypher patterns on this pair on H1, yet another bearish cypher is developing predicted to complete at a 1.4781 where trendline resistance meets, horizontal resistance. If RSI goes...
Though the RR is 1.3, it does present a decent buying opportunity at the yellow box. If price can give a HH HC candle inside it, this will improve the RR and make it a greater return.