NZDJPY Short on breakoutThere's been a good run up following the structure, at this area it looks like it could reverse. Plenty of room to the left and the daily shows buying rejection at this SR area.
Go short on the break of this structure
Sr
USDCHF Break of structure -> shortThe daily shows slow down and reversal signals. On the break of this structure on the 60 min chart, take a short position till around the weekly pivot level
EURGBP Buy Daily shows signs of reversing on support. If structure breaks, go long.
Good trading all!
GBPAUD confluence of resistance -> sellPrice is around major support resistance and its near a major trend line. short as seen on the chart.
Be aware of some GBP news tomorrow.
Good trading all!
AUDNZD buy on support1) 6 hour candle will close with a long wick indicating buying is strong
2) On the weekly buyers look to be stronger as well, with bounces off the green trend line.
3) Price is probably going for the 1.075 price zone where it bounced off several times now
Enter on the 0.5 fib level of this 6 hour candle
Good trading all!
EURUSD Short on the way next weekQuite the shooting star on the last 12 hour candle, Monday it's likely going to retrace a bit and then I'm looking to get in around the 0.5 Fib of the last daily candle.
There's USD CPI news on Tuesday that you need to be careful of when entering.
Good trading all next week!
EURAUD buy on major support level1.45 level has held many times this year and judging by price action on the 12 hour chart it seems selling has met with quite some resistance. There's a good RR trade here till fib extension 2.618 for a 1:3
Good trading all!
NZDUSD buy on retracement12 hour and daily candles show good selling rejection on major SR area indicating good probabilities for a reversal.
Enter on the 0.5 fib retracement of the daily candle till fib extension level 2.272
Good trading all!
EURAUD Shooting star -> SellSee 12 hour chart, shooting star formed on major SR area, good probability short setup here.
USDJPY Buy correlation trade GBPJPYThis buy is correlated to the pound yen buy on support.
Be aware of NFP at the end of the week
GBPJPY Buy on supportSupport is holding and the wicks suggest selling has stalled and a reversal is highly probable.
Enter as shown, be aware of BOE news tomorrow midday, which in all cases so far after Brexit have resulted in a short for this pair.
Let's see where this can go in 24 hours time.
eurusd buy on higher highThe last 12 hour candle didn't manage to break support, current candle shows continued buying. If we get a higher high later today or probably tomorrow, enter for a good 1:2.4 RR trade.
Be aware of USD news this week for increased volatility, particularly NFP on Friday.
usdchf buying opportunity coming weekThe last 12 hour candle from Friday has quite the long wick showing strong selling rejection.
Possible buying opportunity can occur early coming week. Shown entry is an estimate of a trade I could take.
Keep an eye out and be aware of USD news.
USDJPY SHORT OPPORTUNITY H1As you can see, there will be a correction on USDJPY should go up to the trendline and resistance level, enter with a good candlestick pattern and then price should make lower low even to the demand zone around 104.170.
Entry - 105.250
SL - 105.770 (52 pips)
TP - 104.200 (105 pips)
Good Luck !
EURCAD Short1) 0.618 fib level false breakout, strong selling on the daily chart
2) break of structure (green diagonal line) is an indicator that the short is probable.
3) Lower highs, lower lows at support resistance area.
Get in for this short, 1:2.6 RR. Tomorrow there's EUR currency news from Germany, be aware of this.
Good trading all
NZDUSD Buy on Higher High1) Trend since this year is bullish and has followed pitchfork to median consistently. Reversal to median is highly likely (historically)
2) On higher high the move up is highly probable
3) Candles printing some selling rejection at major SR zone. Reversal can happen.
Enter a buy order on higher high, This can take time to form(!).
Be aware of lots of USD news this week!
GBPJPY Short1) Weekly chart indicates short on the horizon
2) Pitchfork drawn on major swing points indicate a bear triangle formed on support. Wait for this break.
3) Move to median is highly probable.
Enter on lower low to catch the break of the triangle somewhere this week.
Be aware of the BOJ news on the 29th (Friday) that can seriously move this pair!
USDCAD Buy after retracement1) Bull Triangle forming on major price level 1.312
2) Pitchfork suggest more up movement expected (reversal to median)
3) Wait for reversal around 1.3 price level for a good entry to long (see coming week how this develops)
The sign are go for a bullish move somewhere next week or the week after. It looks to reverse around the SR zone first, so wait for a better entry to buy.
Be aware of USD news and CAD news coming week.
Good trading all!
AUDCHF Short at break of structure1) On the weekly chart a nice shooting star candle
2) Break of this upward structure (green line up), is likely a start of bearish move
3) pitchfork indicates we likely see a move towards the median line again
4) This pair is strongly correlated with other other AUD pairs (see related idea), also indicating downward movement is highly probable.
You can enter aggressively as shown on this chart, or a more conservative entry would be just below the consolidation area around 0.736.
Be aware of the Fibonacci levels for possible take profits.
AUDUSD Short on break of structure1) Weekly chart shows a clear reversal bar
2) The pitchfork drawn (swing high low) with the median along the trend indicates further down movement for the this pair and high probability movement towards median line (red)
3) Bears still look to dominate at price 0.747.Support Resistance area
4) If price breaks structure support (green line), continued down movement follows till next support is likely.
Enter at break of structure support and keep in mind the price levels indicated with the blue lines
USDCAD Long opportunity setting upNext week this pair looks to develop into a long trade, there are signs of slowed movement down that can indicate a reversal at this fib level.
Let's see half way next week if this will go in a move to break that 1.308 price level
Good trading all!
NZDUSD Early Reversal signs showingEarly reversal signs are showing with a pinbar on a major area. I will be looking for a short opportunity to happen somewhere next week around Tuesday/Wednesday.
Most likely price will make a double top before the bearish move really sets in.
The shown possible entry and stop is indicative.
Good trading all next week :)
