Possible H&S harmonic forming for a right shoulder. Heavy resistance above so I am eyeing a short opportunity. Previously price broke the displayed support level which is touched multiple times, however there is a chance that price will eventually drop to the next level.. -Watching with short bias.
Price is showing some dominance as it pushes up through the moving averages of the cloud. Looking for a higher high and low to a buy entry- Watching with bullish bias
AudNzd is approaching a resistance level for my radar. Looking for price to react and possibly decline for a short opportunity. Price is under bearish cloud of ichimoku for a bearish landscape. Targets listed below via chart.-Watching with a short bias..
Anticipating a bullish flag formation with potential breakout to the upside of resistance. The level shown is a significant level which has broken… Strong support displayed from the cloud averages. If price rises above resistance once more, a pullback to support would be ideal for a long position. 618 fib ratio is the primary target..-Watching
In past weeks, USD has been hovering around a significant zone with signs of developing strength. Price eventually showed some bullish muscle following a positive report from USA.. USD still has muscle left but in the long term, I am bearish for future months to come… Either way, let’s get these pips! Looking for a pullback for a better risk/reward ratio for a buy...
Price is heading towards a key level of support.. Looking for a break in coming days to short… We need a lower high before a short consideration. Will watch to see what price wishes to do this week- Short bias
USD appears to be making a U Turn at a key level zone. I wouldn’t expect price to push past a 618 pull back… If price swings up, plenty of pips to grab on the way up. Watching to see what price does amongst this level..
Price is at a significant key level and can potentially decline to my target of the 618 zone below. There is heavier momentum at this level according to RSI….Note: USD appears to be ready to rise in coming days. Next week will reveal the story..-Watching with short bias..
Kiwi received big news today the PM will resign to make way for a new leader. Price looks soft and is now below a high momentum zone. I will be watching this pair into next week to prepare for a possible short opportunity. My bias has changed from long to short.
Price has found a strong level of support below a key level that was broken. Although the key level was previously broken multiple time we now have a broken range of consolidated price as well, signaling a potential an upside ride with buyers. Next key level is marked at 1.64000.. This is a good zone to buy in my opinion.
Price has climbed back over a consolidated area which now serves as support. Looking for price to complete a push up to 618 ratio. Hopefully price will pull back some to permit a better buy entry for risk/reward ratio.. Possible H&S pattern forming as well for a big reversal.
Price has formed a bullish flag on the 4hr time frame and appears to be pushing up with pressure as the descending wedge has broken. 618 ratio was previously broken before as the flag was printing. Looking for price to reach the next level of the fib "78.6"...
Would be ideal to receive a pullback for an entry once the bulls return with momentum. Looking for price to reach 618 retrace before a potential reversal for price. Mon 1/16 is a NYSE holiday. Will keep my eye on this pair.
Previously, I had a short call for price that was deeper than what has occurred, price has turned for what appears to be a bullish continuation. Trade was profitable but take profit was taken prematurely. Looking forward to see if price will hit my next target of the upside.
Price for Euro is entering a bearish landscape and with anticipated strength behind USD, Euro has the potential to complete a full retrace. Momentum from RSI illustrates stoniest areas of activity. If price creates a lower low, I will make a short call. -Watching with short bias
This pair is on my radar for a buy opportunity. Looking a for a higher high to signal that price has found support and is ready to climb. I believe USD has more steam for another bull ride but soon after, I am expecting long term bearish landscapes. This week may present the buy I am looking for this pair.. Tracking with a bullish bias.
Lower low created for a head and shoulders pattern.. Ultimate goal displayed below.. If price takes a detour, will be in the position to take profits prematurely. Will update this call accordingly.
Lower low was created with price and price is now in a bearish landscape. With some strength from CAD, I’m expecting a nice dive into the sea.. This is a swing call.. Price may pullback causing to take profit prematurely.. Will update this idea as necessary.