Will be looking for reversal patterns to form around 78.6 and the Downtrend. This short will be invalidated if it continues break but I can look to go long if I see a break and retest on the 100 fib
Wait for a reversal pattern to form before entering.
I can see a H&S pattern forming, As well as a retracement to the 61.8 fib. I will be looking for a Daily reversal pattern to form before going short.
EURNZD has broken the CTL looking for a break and retest 1.6750, Targets will be 1.6500
Looking for Shorts on GBPAUD: -Downtrend -Daily candle, 4hr Spinning top and then a bearish engulfing. -Double Top -70.5 fibonacci retracement. Initial Targets for me will be 1.8250-1.8110
Looking for a retracement all the way to the trend line or 61.8 and then waiting for a reversal pattern to form before going short.
Still have my short running from the previous gold trade I posted. However, Gold is starting to make it's way to my final target where we could look to go long. Wait for a reversal pattern to form before doing so.
For Long on GBPNZD I would like to see a 4hr reversal pattern to form on the Trendline and 1.93200, Targets for me will be around 1.95150. If that doesn't play out I will look for a break and retest on the trend line & 1.93200. Targets on this one will be 1.9060
Looking to open up another Long position off of the Daily Uptrend. Just waiting on a break and retest on 1280 or the uptrend
GBPNZD is currently at a Supply zone. Will be looking for a reversal pattern to form before going short.
Looking to go short off of GBPNZD's Supply Zone. Looking for a break and retest on this 1HR/2HR CTL. Initial targets will be 1.9315 (Demand Zone). We can look to go long if confirmations are met off of the either the Demand Zone or The Uptrend.
For a SHORT: Looking for a break and retest on 111.800 and the Uptrend (CTL) before going short. Initial Targets: 111.100-110.900 For Long: Break and Retest on 112.120 and the Downtrend (CTL). Initial Targets: 113.000
Pretty much same setup as before just re-adjusted CTL. Break & retest of CTL for extra confirmation.
GBPCHF is stuck in consolidation, just waiting on a break and retest.
Looking at AUD/NZD just need a Daily/Weekly reversal pattern to form before going short. If a Counter-trend line does form on the 4hr or Daily I will use that to help with more precise entries. -We had a Weekly Uptrend break. It has been retested the back end of the uptrend previously for a 365 pip drop. It has reached our point of interest once again in which...
Looking to go long on GJ ifs we see a nice reversal pattern form off of the trend line.
Retesting the backend of the Uptrend and downtrend. Key area of S&R. Will wait for a 2HR/4HR reversal pattern to form before going short.
USDCAD has approached a 'Supply Zone' the 2hr Counter-Trend line has been broken just waiting for this retest to finish and a solid rejection before going short. -Initial Targets will be the Demand Zone. Next Targets will be the Daily/Weekly Uptrend. -If confirmations are met and reversal patterns do form on the Demand Zone I will look to go Long.