Self Explanatory no trade here quite yet
There is weekly downtrend resistance around the current area. Marking up for reference
I have a sell order in the market if this pattern continues to break down. Trendline resistance retested. If breaks above idea is invalidated.
GBPJPY Looks like it's headed downside if this trendline holds. Will await confirmation, stop above 1h most recent swing high.
Looking to take a long position in GBPJPY
AUS200 looks to be overbought with the potential to form a double top. Watching and waiting for now, not rushing in just a longer term overview.
At this time, there is a four hour demand zone holding on GBPJPY, the near term future is pretty unclear at this stage depending on price action around this zone. We can see a squeeze of downtrend resistance that may hold the bulls off, while there is a clear support beneath. Waiting and watching for now.
I am bearish on BTC, however short term there is a potential break here of the trend line, on H1, H4 and H8.
I am watching this pair for some further confirmations of a potential reversal trade around demand zone and low of the flag pattern. We saw recently a few signs of value hunting in this pair creating this consolidation / corrective pattern. Will monitor for now.
I am watching this zone for a possible return to the long term prevailing downside. Negative news for Brexit over the W/E could provide further downside. Also we see a test of a shorter term resistance inside of a downward H1 and H4 Channel. This morning we saw a small move during Asia markets breaking out of a 15 minute continuation pattern (pennant) to the...
Watching Zone for price action indicative of reversal. RSI is very much indicative only. On my other charts I see a 3 standard deviation move to the downside which can spell technical exhaustion to act as confluence with the RSI. I am looking long above 1291 at this time.
Engulfing bearish move on weekly Time frame. I have a small position short XAUUSD to test the water
Simple Idea: Got stopped out trying to short this pair when i saw earlier signs of being overbought. . . was stopped out of three minimim risk scaled entries this is my final effort short on this idea. Has the dollar rally completed for now at least? My notes only ...
I was early to the party on Friday last week and got stopped out. . . I have another entry in from 0.73244 short My notes only
I have taken my final entry on my short of AUDUSD for this trade plan. The supply zone on lower time frames, broke through. I anticipated a possible push to 7300 area as a contract accumulation before resumption of downward move. Today we got a new Prime Minister AGAIN! Going into NY session, we are seeing more bull power although now we are coming into the...
Self explanatory - My Notes Only
Chart is pretty self explanatory . . . Horizontal resistance zone, RSI is heading into overbought territory overall the trend looks to be to the downside. My notes only