Short-trend
GBP/USD short opportunity!Hello traders! We have here a strong DOWN impulse on gpbusd beacuse of the USD. The UP move looks exhausted. Trade with care!
Flag PatternFlag Pattern that I think will continue to be Bearish with a retest and a move south.
*Past performance doesn't guarantee future results*
AUD USD Canal, possible ShortAlways wait for the pattern to be clear. Remember that patience is the key!
EURJPY SELLthe pair has round out of steam to the upside and looking for a major reversal here. confirmation has just been triggered.
EURUSD (Daily chart)I think that price has met the daily trend line and daily S/R level. Expecting it to fall and meet the levels and eventually fall all the way to meet the daily bottom trend line.
Resistance AheadJust checked this chart to see NZD Pushing into 2 decent trendlines and a Gann level Will wait to see how price reacts.
GBPJPY Short Setup!Hello Friends... I made +160 pips day before yesterday by shorting this pair and I think it's in mood of another Fall so keep an eye on this!!
#TradeAtYourOwnRisk
#TradeWithCare
Down trend, Area of valueThe trend was overall a down trend with consistent areas of consolidations so i've highlighted an areaof value where you could look to short the pair but not without a stop loss.
USDJPY WILL THE BEARISH CHANNEL CONTINUE OR BREAK?Hi everyone, I'm a USDJPY trader and this is my first post on here.
We have been in a Downtrend from some time now with Lows found at 108.130 level...
This recently rally could be a correction from the downward move.
Channel has already been respected when prices tested 113.000 Resistance on Thursday...
There are two ways to play this: Watch for clear break of channel price wise we will carefully be looking at 113.000
A solid close above (Possible Retest of 113.00) we will want to target 115.500 to the upside which serves as the next major resistance...
I personally have a bearish bias with USDJPY we will be looking to target 108.130 ounce again ounce I get a clear confirmation of bearish
sentiment... We may get possible retest of 113 going to watch PRICE ACTION there if prices decided to move up there.
Conservative setup will be a break below 112.000 to ENTER SHORT and ride it down from there...
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COMMENT WHAT YOU THINK BELOW...
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EUR/USDHeavy resistance hit multiple times on the 4HR chart, ascending trend line after gap is also being respected. However, due to current nature of the pair expecting a break and a possible gap close dropping to a previous trend level.
AUDJPY SHORT2017-05-03:
Price action currently siting around 38.2 pullback. Having broken the previous structure low and closed below, and put in a previous double top, this price action has broken the SMA50 and is heading south. RSI and Stochastic are oversold or close to oversold, suggesting a short term retracement is close by.
Assuming continuation of Bearish move, the next target should be 83.515 at previous structure Resistance. A move of around 29 pips.
CAD/JPY resistancejust a quick bit of analysis on this pair, its hit 61.8 fib and hit resistance....showing signs to continue the down trend.
