PreniFX

PreniFX

Price heading to monthly zone, respecting daily trendline. Currently retesting 4hr zone where buys can be taken

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GBPUSD heading toward weekly zone. Price action moving bullish toward target, wait for pullback toward 4 hour zone where buy orders can be placed

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On the weekly timeframe a clear W pattern formation can be seen. The right leg is still underway which means the bullish move up is yet to continue provided 144.119 hold as support.

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Gotten a retest of monthly zone. Price seems to be lifting off from this zone & also respected daily trendline. Target shown on chart

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Double bottom seems to be forming. Target shown on chart. Short-term buy opportunity

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EURUSD had reached monthly level @ 1.09915 level in which price dropped. Currently a scenario of a potential Head & Shoulder pattern is forming. My target for this pair is @ around 0.97821 which would mean a potential double bottom formed would occur.

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USDCAD bullish move to complete W pattern. Price action looks good thus far. Target is 1.38342

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USDJPY has reached monthly key level. We have a double top forming on daily timeframe. Pair going to drop to monthly key support level.

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Expecting CHFJPY to dump to monthly support structure. We are currently between the weekly & monthly level.

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CHFJPY going bearish to test monthly zone. We also have wedge pattern and can enter after breakout to downside. We have reached resistance and looking to drop to monthly buy area.

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USDJPY set to drop to monthly zone. Price just broke some daily structure and now we are retesting that area as resistance. Potential head and shoulder pattern as well. We can take sell positions and hold until target shown on chart.

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After an anticipated bullish day, I'm expecting this pair to fall to daily buy zone (1.10169). We also have a wedge pattern to where we will see price fall to the lower trendline.

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CADJPY is moving strongly to monthly zone. Target is 99.183

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Previously I've posted a buy idea on higher time frame. What I specifically wanted to point out in this analysis is that we can see a possible inverted head and shoulder pattern, it seems price has come back to test neckline after a break. I'm targeting monthly resistance area (1.12377) as target which also aligns with possibly another touch of weekly trendline as...

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Expecting EURUSD to move higher to monthly region(1.12277); going to reach weekly trendline.

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Targeting price to drop down to weekly zone where we then can be looking to go long on this pair. As always proper risk management is to be used according to account size.

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This pair is ready to dip to the downside next week. My target for this pair is 0.63805. On a bigger time frame like the weekly and monthly we can see a potential inverted head and shoulder pattern in play with right shoulder pending. Last week we've seen a push to the upside to test higher time frame resistance levels & then price pushed to the downside. Very...

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USDCAD is in bullish channel. Currently testing trendline where we can look for buy opportunities. Target is shown on chart which is also strong weekly resistance. This pair is going bullish to reach upper channel as shown on chart.