A nice complex pullback on the daily after a breakout of a long daily trendline (purple). This pullback falls into some nice trend-line support. The pattern on the 4-hour is a flag so I'll look for a break of this before taking a trade
Potential short on this pair. Price on the daily has made a nice correction which manifests on the 4-hour as a nice bear flag. I will look to go short on a break and close below the 4 hour bear flag. Already caught a 130+pip move down on this pair from the previous bear flag shown on the chart.
Potential long on this pair. Price on the daily made an impulsive bullish move out of the daily/weekly trend-line and is now printing a correction back into support. This looks like it may be a complex pullback on the 4-hour so I am expecting one more leg down before it goes up. TP1 and TP2 are marked and based on daily resistance levels. I'd look to enter this on...
Not sure about this trade. It looks like its setup nicely for another move down as price has retraced into resistance and is now printing indecision candles at this important level. Plenty of room for a 200pip move down.
However, I am not keen on the large rejection candle on the daily and how the previous weekly candle closed.
If I take this, I'd wait for price...
This is a potential long trade. Price has bounced off a strong weekly trend-line and is now making a correction on the daily daily and a 4-hour bull flag. I will look to go long on a break and close through the 4-hour trend-line.
This is a potential short on the USDSGD. Price on the daily broke out of a long term channel and had made a new low. A bear flag is now appearing on the 4-hour. Will look for a break and close of the bear flag on the 4-hour for entry. The curving on the weekly/daily is a sign of weakness to the upside.
This is a short off of a daily swing level where an inside day candle has been printed. Price has just broke out of the inside day candle in the 4-hour so it may drop from here. Looking for a measured move objective down to support