SHORTING CADJPY ON BROKEN MARKET STRUCTURE AND SUPPORT & RESISTANCE AS ENTRY PINK BOX IS THE SELL ZONE.
BASED ON: DAILY TREND LINE WITH WICKS ON 4HR AND DAILY TF POTENTIAL W ON 4HR TF (NOT THE CLEANEST LOOKING W)
I am longing AUDCHF on the basis of: -Market has broken out of the bearish trend and is seeing to make new higher highs. -EMA 31 is now on top of EMA 50 on 1hr TF and are close together on the 2hr TF to confirm the change of the trend. -Is currently on support of the lower low and has is currently sitting above it nicely with a few wicks to shown buying...
EURUSD is on for a short opportunity on the basis of - Price failing to break above the 1.1080 monthly zone. - The bullish momentum has been broken. - M forming on 2hr and 1hr TF. -Divergence on 1hr TF. ENTRY: 1.1080 SL: 1.095 TP: 1.035
I am shorting EURAUD on the basis of - Price has failed to break above my monthly zone of 1.6260 on 3 different occassions. - There is a RSI Bearish Divergence on the 4hr and 1hr chart. - Could be a potential triple top, alongside 2 pin bars (price action). ENTRY: 1.6260 SL: 1.6282 TP 1: 1.6190 (ULTIMATE TP TO USE) TP 2: 1.6135 RBA Assist Gov Kent Speaks for AUD...
EURCHF is coming up to a 4 hour trend line.
USDCHF is coming up to a potential resistance as well as a trend line descending just above it. Good time to sell.
EURCAD has come up to a resistance and a W appearing confirms my prediction for a buy opportunity.
CADCHF is coming up to a short due to the basis of an M forming on the 4hr charts and it bouncing off the daily trend line in orange.
NZDUSD is coming up a sell opportunity based on a trend line on the 4hr charts.
GBPUSD is coming up to a trend line that has been previously been hit a few times. Could be a good time to sell.
NZDCAD is looking at a potential bounce on the 4hr trend line as well as a W on the 1 hour time frame.
Here is AUDCHF buy opportunity with divergence on the 4hr time frame as well as it hitting a daily trend line.
AUDUSD has come up to a 4hr trend line that has been bounced off twice before as well as a resistance hovering at 0.7070. Also an M forming on the 4hr charts as well as the lower time frames such as the 2hr and the 1hr. Good sell opportunity.
GOLD has come up to a resistance near the 1280 level as well as an M forming on the 4 hour charts. Could be looking at a big drop.