Sensei

Sensei

A lot of room to run and trend bullish here. The breakout here happened in an ideal way. A minor pullback near to the 115 level would be excellent for an even better entry, but such a move is not guaranteed. Long term trade here but definitely worth it for the potential

Sensei

Pretty textbook flag pattern here. Excellent symmetry on the trend lines too. This looks prime to break bearish very shortly. Wait on confirmation.

Sensei

Liking this setup a lot. Price has stalled and failed to produce higher highs at the supply area here (red tinted zone). A double top has taken shape and price is starting to retreat. Looking for a break of the blue uptrend line here to enter a short position. Lets see. Enjoy

Sensei

Many usd pairs are coming into these resistance levels. I'll be watching price action very closely. Another leg down seems likely

Sensei

.77 levels may have major selling pressure. We have sold off mightily from this down trend line in the past and I anticipate its likely to do so once again. Risk/Reward here is fantastic. The chart really speaks for itself. I will start to accumulate a short position at .77 and let resistance do it job. I'll continue to scale in as price actions adds further...

Sensei

Clear to see we have a strong downtrend here, and i'm always reluctant to trade against that, but this trend line has consistently produced counter trend bounces. Not only that, but the last time we were around the .96 level we got a considerable rally from that point. Lets see if there are still orders in the market there. Serves great for correlation and...

Sensei Updated 

Beautiful downward channel here that broke out in a bullish manner. A re-test was expected, as was successful as the channel boundary is now acting as a support. Long are heavily favored here with risk:reward looking very attractive. Enjoy

Sensei Updated 

Much potential here. Bouncing off the lower boundary of the downward channel. Support and resistance here have been respected very well. Risk:Reward is fantastic, especially if this move produces a a breakout of the channel. Current price action is also consolidating nicely, any bullish push out of that consolidation will trigger me in. Lets see. Happy trading!

Sensei

Currently at resistance. i think it holds. Targeting the lower boundary of the channel and will watch for a potential bearish breakdown there.

Sensei Updated 

The wedge has been broken and now seems to be getting a re-test. Watch closely for a bearish bounce. Fib levels also align well here for added confluence. Wait for confirmation close to sell. Happy trading

Sensei

Ascending triangle here, could break either way really. Wait for a breakout candle to confirm any kind of entry. Fairly high probability setup but wait for the price action to make a move. Enjoy

Sensei

Trend line here has been breached.

Sensei

Current position looks prime for a short entry with minor risk and great reward potential. Looking for price to continue to build the current corrective pattern taking place (wedge). Enjoy!

Sensei

We're once again interacting with this zone (red tinted area) thats been an important inflection point in the past. As i've outlined on the chart, either we bounce from these levels or break through, get a re-test and then bounce to the upper boundary of the channel or break through the channel and continue the overall bullish trend. Im personally bullish on UJ so...

Sensei

Chart says it all here. If the current candle closes as such i'll assume a long position. Enjoy!

Sensei

I think we bounce again from this resistance along the boundary of the triangle thats playing out. Many other pound pairs are also quite bearish. Lets see. Happy trading!

Sensei

I like the bearishness currently being displayed here at this resistance. We've bounced quite nicely from this level twice before. Lets see

Sensei

Watch the support here around 111.75, which is also lining up nicely with a fibonacci level. Buyers have defended price twice before here recently, so fairly good chance it happens again. Im waiting on a little bullish confirmation before entering here.