GBPNZD ideaprice may break the trend line(1.70700), retrace and continue up
or
it may break key level, retrace and fall to monthly support (1.67600)
2h
EURCHF HEAD AND INVERTED SHOULDER PATTERNprice has formed an inverted head and shoulders pattern
expecting price to break neckline and retrace
once that happens, entering short looks like a good idea
EURGBP bullish channel ideaafter the down move, im expecting price to bounce back up to monthly TL
it is possible for the price to bounce off the monthly TL and break the channel downwards
a retracement would be a good place to enter short.
price then can go all the way down to the daily level at 0.83300
(i placed a short trade when price first retraced back to monthly TL)
AUDUSD falling wedge ideaprice has formed falling wedge with bearish impulse
once price breaks downwards and retraces, im expecting it to fall down to the 0.786
GBPCAD descending triangle long ideaprice formed a descending traingle
if price breaks upwards and retraces, good opportunity to enter long
EURNZD short ideaprice is in bearish channel and recently bounced
expecting price to pierce through TL, retrace and fall down to daily level (1.46800)
price could potentially form a double top at channel TL
break and retrace of the neckline is a good opportunity to enter short and ride down to daily
NZDCHF short ideaprice broke through daily key level
currently forming a small flag pattern
this can also be a retracement move back to the daily at 0.72400
on both ideas i think price will fall down to the monthly support where it will either bounce or break
monthly level (0.71700) can reject price and keep it in the same range
AUDCHF double bottom on 2hthe price formed a double bottom and made recent lows
the price then broke through the neckline and appears to be retracing back
once price is around neckline area,check 15min chart for entry long
i expect price to consolidate in the highlighted area before making its way back to the daily resistance at 0.75400
EURGBP tl break + retestthe pair broke through the trendline earlier on into last week and has made a long retracement back to it.
the price is currently bouncing off the trendline
double top pattern has formed on 15min chart
price can travel all the way down to daily level
stops above TL, TP at 0.84215
entry order placed at neckline of 15min double top (0.86064)
CHFJPY channel bounce+candleprice is potentially bouncing off the channel
reversal candle also formed meaning trend reversal (pullback on bigger scale)
if price closes below channel i will enter short
current short on AUDCHFHead and shoulder pattern formed , neckline is a key level (0.75400), 78.60% is also in that zone
price broke and retraced back to 0.75400
expecting price to travel to 127.20% (TP1) and to 161.80% (TP2)
stops below 50.00%
EURCAD small rising wedge patternsmall rising wedge pattern formed at key area
price broke through key area (1.40000) wedge may be a retracement
if price breaks below bottom trendline i will enter short
a similar pattern formed just above weekly level which may trend continuation
double bottom formed on daily chart, price may be going for triple bottom
GBPCAD long ideaexpecting for price to break upper phaseline
price to continue past resistance
price to retrace back to 1.65900
long entry will be placed
1.67600 will be TP1
NZDUSD short ideaprice has been rejected by resistance a few times at 0.72300
if price breaks phaseline i will enter short
I expect price to consolidate between the 61.8% and 78.6% levels
i also expect the price to move down to 161.8% which is also possible future support at 0.70500 (TP)
USDJPY Short off resistance Hoping to see a push down from black TL & MA as it has done in the past , may fall into a descending channel. First target is around 101.00 then 100.60
