USDCAD still in downtrend Usdcad might break trendline trap buyers and then after forming a new higher low above trendline fall back to 1.38xx Levels I am going short @ SELL LIMIT : 1.4020 to 1.4040 SL 1.4090 TP 1.3850
GBPUSD Still in a bullish trend and forming a new higher low Also its 61.8% fib retracement from last major move up I am going long @ 1.2525 SL 1.2490 TP 1.2620
AUDUSD Buy limit @ 0.6260 (Longterm) TP 0.6670 SL 0.6110
EURUSD IN BULLISH TREND 4H NEW HIGH HIGHER EXPECTED
GBPUSD SETUP - Ranging inside zone, I am looking for Buys around this zone we have tweezer bottom on DAILY + double bottom confluence + trendline break - We might see a restest of trendline inside YELLOW zone before shooting up. STOPLOSSES Below YELLOW ZONE. BUY LIMIT @ 1.2122 SL @ 1.2070 TP @ 1.2220
EURNZD POSSIBLE HIGHER LOW? Lets see how price action plays out. We are at previous resistance level + 3rd trendline touch
EURAUD, Trendline breaks, Double bottom + pinbar confluence. look for good BUY opportunites Stops below last Lower LOW.
BITCOIN BUY SIGNAL : Bitcoin found support @ 10k Level, Rejected it with nice 4H pinbar + 2H bullish engulfing confluence. I am long from 10150 BUY @ 10300 TP : 10800 SL : Below Pinbar (9800) (Move to breakeven when in profit because of Bitcoin volatile nature) RISK 1% only on crypto!
GBPCAD, We have seen weeks & weeks of bearish momentum on D1, Finally we can see price found support and Pulled back up on D1, ON 4H chart we can see price is consolidating in a zone, Unable to break to downside (making a triple bottom + tweezer bottoms is another confluence) Break Above zone will open room for Bullish Potential Wait for Buys in between this...
Rising Wedge breakout Pushing up for a retest of trendline and resistance before possible move down!
This week looking at upside break of zone and possible push back up to resistance @ 1.1345
The Art of technical analysis is Simple: 1) Take a Clean Chart 2) Look For major Trend in Daily Chart. 3) Zoom into H4 for any counter trend, In case of EURNZD I spotted Post rejection of 61.8% Fib level 4) Eventually Price broke the Counter trend line (here where 90% retail trader starts selling) No Be patient Let the price show you confluences. 5) Price...
Oil fell into range (recent move above range could be a fakeout) we have 61.8% fib in place too nice for new short positions RISK : REWARD is 1:3
GOLD , I am looking at 1) trendline test 2) Market moves @ resistance 140x 3) how it reacts to 61.8% fib level!
I am waiting to see market moves @ 1400 LEVEL Might be looking into selling opportunity with tight stops @ 1406
EURAUD CATCHING FRESH SELLS @ 1.6210
GBPJPY BUYING SCENARIO AFTER RANGE BREAK!