A sell idea according to smart money concepts. IG @SniperShaq
NZD/CHF is overall bearish, but there are some risks. Be careful if you decide to take this trade
GBP/USD is stuck inside this triangle. We are mostly bearish biased. Expect breakout to the downside.
NZD/JPY is overall bearish. We are waiting for a break of this counter trend-line and retest before going short. Price has failed to make a higher-high several times, resulting in a triple top.
The weekly is respecting this trendline. But should i sit on my hands or take the risk and go short?!
We have a head and shoulders forming. We are waiting for break and retest of trend line and neckline before getting strong confluence to go long.
We have broken the trend line with a strong impulse and are expecting a correction before going short.
Get ready to go short in CAD/CHF.
CAD/JPY has hit a key level on multi time frame. It made a strong impulse, followed by a correction. Expect to short this pair.
After GBP/JPY has made a strong impulse, creating a higher high, we are expecting a re-tracement to the 0.382 fib level. We can look for opportunities to go short before going long.
EUR/AUD is forming a head and shoulders pattern. It has broken through the trend line, and we are waiting for a retest.
Expect EUR/JPY to test key level before going long. POTENTIAL reward will be 3 times the risk.