This may setup for a nice short if we get a signal, but its shorting into daily/weekly support so not a trade i'll take as its in my trade plan to not short into support.
However, if you did take this then it could drop a lot!
This is a potential short on the AUDUSD pair. Price has made a correction back into resistance and testing the trendline that broke. Some nice confluence on this setup.
Will look to go short on a break and close below the 4-hour trend line.
Potential short on the cable. Price has broken below a bullish trend line on the daily and now corrected back to test it as new resistance. Have taken a short position on the break of the 4-hour trend line.
Potential long on the GBPAUD. I really like this setup. Price has broken out of a bearish trend-line, and now make a small nested flag on the 4-hour. I'll look to go long on further bullish momentum.
Note...Other GBP pairs look bearish at the moment so be careful.
Potential short on the EURUSD cross. Looking for sell signals around the circle which is previous support turned resistance. Looking for initial TP at around 1.098 area where we hit some trend-line support