The CADCHF is in a massive weekly triangle. Within this, price on the daily broke out of its own triangle to the downside and has now made a 3 candle pullback into the MA and resistance. On the 4 hour this has manifested as nice bear flag. It may go down from here and has the potential to hit the lower weekly trend-line.
This is a potential long on the AUDJPY off a nested bull flag. Price broke out of this long descending channel and is now consolidating just above the trendline break. A break of this bull flag could see prices go into the 84.5 zone which is next major resistance.
This is a short on the GBPCAD. The daily is in a large range marker but the price on the 4 hour is trending down. Daily has made a nice pullback into resistance. I will look to go short on the break and close of teh 4 hour pullback trendline.
This is a short on the EURCHF. Price on the daily has made a new lower low and now printed an inside day on the daily- this has manifested as pullback on the 4 hour into previous support now resistance (and into the 8ema). Price may go down from here at some point tomorrow.
This is a short on the CADJPY. Price on the daily has broken out of this trendline to the downside which dates back to march and has been tested at least five times. Yesterdays daily candle broke and closed below this level and now an inside candle is forming which is a pullback on the 4 hour. I may look to short somewhere neat the 4 hour resistance marked if we...
This is another AUDUSD long trade. The AUDUSD long I posed on Nov 14 hit its target of 3:1 and now comes another opportunity. Price has made a new high on the daily and now made a pullback on the 4 hour into previous resistance now support.
This is a potential short on the GBPCAD 4 hour. Daily is in a range and price on the 4 hour has pulled back into some resistance. I may look to enter short on a 4 hour break and close below the trendline and look to exit at the bottom of the range.
This is a long on the EURSGD. Price on the daily has broken out of a trend-line and now we're looking for a pullback (retest) on the 4 hour. There is another trend-line about it and this is where we'll look to TP of exit.
This is a very short-term sell on the GBPUSD which looks like its heading down to support (Orange line). H4 has printed a nice bear flag into the 8ema and into previous support now resistance. Could see a move down from here but only look to capture around 80pips. You could take some profit at this level then see if it continues down.
This is a potential long on the CADJPY. The 4 hour has broken out of a bearish channel which got a strong bullish bounce of an important weekly trend line acting as support (as shown). Price has now broken out the channel on the 4 hour and printing small pullback. It could go up from here.
I'm not that keen on the daily structure which is why I may sit on the...
This is a long on the USD CAD. Price on the daily has been in a nice uptrend since the start of October. It has not retraced back to the bottom trendline and into some previous resistance now support. Prices could go up from here with a nice move into some weekly support.
My only concern with this is yesterdays large bearish candle on the daily which go us down...
This is a potential long on AUDUSD. Price has broken out and restested a very significant weekly trendline. On the daily, we got a bullish engulfing candle off the trend line acting as support. Prices could go up from here.
This is a potential short on the EURUSD. Price has broken some fairly significant support on the daily and as you can see on the 4 hour chart, price has pullback to test previous support now resistance. There is a lot of room to the downside if this did decide to drop.
This is a potential long on the AUDJPY. Price has broken out of a fairly significant channel as shown on the weekly and daily. Price is now testing the outer channel as support. On the H4 you can see that there was fairly good bullish candle off that level and now price is making a small consolidation (as shown by the grey box on the 4 hour). Sometimes these...
I posted a EURCHF short the other week which was a break of the red trend-line (pullback) which got us just under 100pips profit. We are now seeing another break of the green trendline on the daily and a pullback (retest) happened on the 4 hour. I will look to enter short on this pullback.
This is a NZDUSD long trade. The daily has made a new high and pulled back to the 8ema and some support. The H4 shows this as a nice bull flag. Price has now broken and closed above the trendline on the 4 hour. I will look to enter long here.