CHFJPYPrice has confirmed support and has started making it's way back up to resistance! I saw this forming last week but missed the bottom but I still think it's a good buy today!
Good luck!
Allenfx
EURCAD! Price has bounced off Resistance Price has bounced off resistance continuing a the bearish trend!
AUDCHF Price is in Consolidation!Price has been in a Bearish trend the last few weeks but last week price has started to consolidate. Trade "long" and "short" between support and resistance of the consolidation zone until you have a breakout then move your positions in the direction of the trend! I'm liking a reversal to a bullish trend here this week :)
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EURAUD Breakout of Support! Wait for price to re-test and go short down to the bullish zone!
Good luck my friends
EURAUD Price just tested the neckline!!! Yesterday price formed the start of a head and shoulders and today price tested the neckline! Look for a break of the neck line and short the same distance back up to the head!
AUDCAD testing resistance in sideways consulation pattern!Price is testing resistance level while in a consolation on the 1hr chart!
Long: Look for price to close above resistance level and open long position setting TP on higher time frame R2 level.
Short: Look for price to respect resistance level and continue consolation back down to support!
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EURAUD Head and sholuders forming!Price is reached a great spot to finish off the head and shoulders pattern! Most traders will wait for a beak on the neck line but I like to take a small trade at the top with tight stoploss then if price breaks the neck line I will add to it!
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Have a great day and sharp with your trades!
Price touched S2, and strong support line! Price stretched all the way down to strong support (S2) and now is respecting this level! Look for a reversal pattern on a smaller time frame and go long back up to daily pivot (P) line.
