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Market-structure

AUDUSD LONG opportunity.Triple bottom or inverted head and shoulders.. however you want to chop it up regardless of the term to categorize it the main thing that is important is that the neck line is broken. Daily downtrend slowing down with H4 breaking structure and starting to retrace. now that we have the neckline broken on H4 we can look for a buying opportunity and catch some pips riding out structure till it hits the daily targets (yellow boxes). I'm waiting for the HH to finish and the h1 retrace to begin before I can enter but once structure breaks back to the upside on the H1 ill be LONG and holding till TP or until I can't maintain the order anymore.
Long
by PatrickKing
Potential Bullish push on UJUJ has been making bullish moves (HH's & HL's) for the last few weeks. With this bearish retrace we are at a 100% retrace on the H4 and a 38.2 on the D1......BUT just because the market makes a move towards a fibonacci PRZ doesn't mean it's a trade opportunity. That being said we are seeing H1 structure break bullish in confluence with our H4/ D1 up trending market. the main things im waiting to see further before entering UJ would be another H1 structure break to the upside, and intern HOPEFULLY see an H8 bullish engulfing. being a 100% retrace I would be targeting a 1 to 1 move for a TP. At the price of 111.300. If these market conditions are met I will enter the trade and post an updated published idea. Side note, waiting to see how this Bearish ENG on the weekly plays out. if H1 continues to make higher highs and higher lows and in turn H4 structure breaks bullish It won't effect my market sentiment.
Long
by PatrickKing
Weekly forecast for AUDCADThis week we are really close to the 0.97600 monthly S/R line, it bounced off and retested the daily 0.97950 S/R line, closing under. The price tried to go above this line but it was rejected as we can see in the wicks of previous candles, it could be a bearish signal, but we have to wait. I'll be looking to sell, my target being 0.96450, because the trend doesn't seem to have lost momentum and is following market structure nicely. If the price breaks 0.98300 S/R line, I'll consider going long because it may indicate a reversal. We have to be on the lookout for for monday and wednesday, important news for CAD and AUD, so it may affect the market.
by arocha.daniel3
Weekly forecast NZDCHF Right now we are on a strong S/R daily line where many past reversals occurred, and on top of that we have confluence with a monthly triangle that has been respected really well. Last week the price tried to break the triangle but it fell back into it. The price may be looking to retest the 0.70260 zone and go higher because it haven't done that yet and the market needs to follow structure. I'll wait for the price to reach that zone to take any decision. I think it has a higher probability of going down path A to 0.68300 zone because of the confluence with the triangle and the break fakeout of last week.
by arocha.daniel3
AUDUSD / 1HR / POTENTIAL BUTTERFLY PATTERNBUTTERFLY PATTERN PAIR: AUD/USD TIME-FRAME: 1HR TRADE: BUTTERFLY PATTERN There has been a lot of strength on the AUD/USD for those of you whom are following this pair. Here we have a potential Butterfly pattern setting up if support holds. NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart WEBSITE: www.StarProsper.com FACEBOOK: facebook.com YOUTUBE: www.youtube.com
by UnknownUnicorn168204