AUDUSD potentially bearish, weakness on daily chart , price testing key levels. Looking for momentum shift on 4H, 2H , 1H chart to trade reversal in momentum lower. Head and shoulders currently forming on the 4H, wait for the move below, wait for a retest and then bearish rejection and try to trade with overall daily momentum. www.tradingview.com
I am long USD Jpy aiming for weekly test level , around a 6:1 RR. USD not looking to cut interest rates fundamentally and JPY has been weak. also technicals have been strong, entered on consolidation trendline breakout. www.tradingview.com
Currently short EURUSD with some short positions being added by banks and institutions this week. USD has also been bought by institutions and has recently had some bearish momentum on the market. Hot USD CPI inflation numbers could further weaken the euro by strengthening the dollar and we could see an explosive move below the weekly support level if this...
www.tradingview.com Currently short the AUD CAD after some bearish momentum on the pair, looking to follow price down to monthly support level.
The GBP recently seen some strong economic data that has acted as a catalyst for some bullish momentum. Price is currently trading above a weekly level and has put in a large bullish engulfing candlestick pattern. plan to look for a long entry to next monthly high at a discount on a buy limit order. FX:GBPAUD www.tradingview.com
Potential Bat and Cypher set up on the GBPUSD, Targets and stop placement should be as according to you're trading rules
Hi Traders, i have a Short Idea for the XAUUSD as a short on the daily. There is a valid Cypher completion , in tandem with an AB=CD completion. A Fibonacci Extension is also in this zone as a 1.618. There is previous structure to the left to also be conscious of, i will watch price action in this area.