Is now the perfect time to short; buying the US Dollar?. There seems to be bullish strength for the dollar across all major currencies and also commodities
Wedge pattern; bearish continuation trend pattern. A break out from the wedge could lead to a sharp selloff
There has been a high bullish correction in the bearish trend. Now, we can see price is changing momentum to the bearish side, current 1HR low is broken. We need to watch for further sell signal
USD buyers has finally pushed price above the HTF resistance level(115.9925-115.6910). A retest of this level would be a good signal to buy.
I am waiting for a bullish continuation. Buying the AUD is in my view
Today at the beginning of the London Session, the USD has been bullish across all major currencies. In my chart, I have a bullish order block level, where buyers of Aussie could come in. If price ignores this zone and push below then I will be buying the dollar.
Now, price has retested the broken level of support. I told you guys I was waiting for price to come back and retest. I will be placing a Sell-stop order. I hope and pray there will be lots of CAD buyer to push price downwards. Fundamentally, there has been bullish strength from oil. Oil has surged over all time highs; over $110
Price has gotten to a level of intraday resistance/supply price zone. I will be shorting from this level
I see a potential longing signal. Australian dollar buyers has pushed higher breaking a bearish order block supply level. If I see a retest and bullish price action signal at the zone, then I will be buying.
At the daily time frame, price is currently at a level of Support/demand. Price has respected this zone multiple times. I expect a rebound from this zone. Buyers could push price up to the trendline resistance. I will update you guys when I see a potential signal to long
Sellers are pushing away from the supply order block price zone as I wanted earlier
I am shorting GBPAUD. It's a bearish continuation trade. Market structure has been creating LH's and LL's. Price made a correction to a potential order block zone.
CAD buyers has broken beneath the ash major support zone; price has been ranging in this level for quite some time. Now we all see a break below which is a sign of CAD buyers strength, I am waiting for a reversal. I would love price to come back and retest that zone. When i see a retest then it's a signal for shorting and buying the Canadian dollar against the US dollar
There has been a high correction. Sellers seems to close orders. I expect continuation of the bearish trend. Price could reverse from the bearish supply order block or price could move further upwards and reverse from the ash minor resistance level.