BullmarketFX

BullmarketFX

EURGBP has recently reached strong support and started a reversal breaking out of the downtrend on higher timeframes, the market has formed this new trendline which it seems to be respecting, we are looking for one more rejection candle then we can look to play the bounce of the trendline here first target will be the previous high.

BullmarketFX

CADJPY we have a W formation on the weekly we expected a retracement to the neckline of the pattern also on the weekly we have a doji candle form at a strong resistance so we expect a retracement. on the daily and 4hr market has created this big head and shoulders pattern, we are waiting for a clean break and close below the support (neckline) then on the retest...

BullmarketFX

AUDJPY the higher timeframes are bullish, on the daily market has made a huge impulse to the upside followed by this retracement you can see on the 4hr, market has retraced to the 0.382 fibonacci now i am expecting a continuation to the upside, we will be waiting for a 4hr close above resistance and above this counter trendline then on the retest we can look to...

BullmarketFX

we have a strong impulse on the daily timeframe followed by a correction, on the 4hr we have started to reject further downside move now if we can break above previous resistance we can look to enter on the retest

BullmarketFX

on the daily timeframe we have a strong impulse to the upside followed by a retracement to the .382 fib, dropping down to the 4hr we can see market had a fakeout to the downside breaking below a counter trendline, now if the market can push up and close above previous resistance from a 4hr perspective, on the retest we can look to LONG

BullmarketFX

we are at strong daily resistance and over extended to the upside on higher timeframes, dropping down on the 4hr we can see market is consolidating in this triangle formation, we will be watching to see which way it breaks and on the retest we can look to enter.

BullmarketFX

we are over extended to the upside, and have hit resistance on the higher timeframes, dropping down to the 4hr chart we can see a counter trendline forming, if market will manage to break below this counter trendline on the retest we can look to short

BullmarketFX

on the daily timeframe we have a strong impulse to the upside breaking previous structure, followed by a correction to the .382 fib retracement. We are know expecting continueation to the upside, we need a break above previous high on the 4hr, then on the retest we can look to enter

BullmarketFX

CADCHF has reached a strong daily resistance area and has started to form a double top formation i expect price to fall from here to atleast the trendline!

BullmarketFX

market has reached strong daily support zone, we are waiting to see if the market can push below this structure if it manages to do so we will wait for the retest then be looking to short, but the price could quite easily bounce from this zone and carry on ranging ! we are prepaird either way, let the market make the decision for you!

BullmarketFX

EURJPY has broke out of uptrend on 4hr and daily time frames we are waiting for the market to give us a retest of the previous support now turned resistance, if the market does give us a retracement to this area we will wait for rejection and bearish confirmation before entering short with good risk to reward.

BullmarketFX

GBPCHF has been consolidating in this price range and has now reached the top level of the range and looks as if its forming a double top, we are waiting for bearish confirmation like a bearish engulfing before taking the short

BullmarketFX

CADCHF has broken out of the daily downtrend, if the market will give us a retracement to the previous resistance now turned support we will wait on the 4hr time frame for bullish confirmation before taking the long

BullmarketFX

market has made a retracement to our buy zone! we are waiting for bullish confirmation before taking this long

BullmarketFX

USDJPY broke out of the uptrend and after a impulse move to the downside the market has retraced into the support zone, i expect the price to continue with the new downtrent from this area

BullmarketFX

NZDJPY has broken below daily support structure ! we are waiting for the market to give us a retracement to retest the previous support now turned resistance, if the market will give us this retracement we will wait on the 4hr time frame for bearish confirmation and rejection before entering short!

BullmarketFX

CADJPY has broken out of daily uptrend, and is now starting to retrace we will be waiting on the 4hr time frame to see how the market reacts to the support zone once we have bullish confirmation we will be entering long, with great risk to reward.

BullmarketFX

EURCAD has broke out of the previous uptrend on the 4hr time frame, we are waiting for rejection at the resistance level for further bearish confirmation before we look to short.