We have seen a triangle taking place and we expect a breakout. I will be looking for short opportunities once the breakout occurs followed by a retest. Trade SAFELY and MANAGE YOUR RISK!
AUCAD has been ranging for quite a while. This week we have seen strength on the Australian Dollar which would confirm our fondumental bias. If we get to break the upper support and successfully retest it I will be looking for entries to the upside. If we do not see a retest or a break the analysis becomes invalid. PLEASE trade safely and MANAGE YOUR RISK!
Waiting for price action confirmation on lower time frames. We see a big push and an exhaustion. We will look to enter on the retest of the broken trendline
If we get to break the previous high and then retest it I will look for bullish pressure. If the price never keep going down the analysis becomes invalid. MANAGE YOUR RISK AND SAFE TRADING EVERYONE!
We see the pricE has started to make lower lows and lowers highs. I am expecting a pullback to the previous low and I will look for confirmation of bearish pressure. If the price will break the zone this analysis becomes invalid. MANAGE YOUR RISK AND SAFE TRADING EVERYONE.
H4. Possible retest of broken area. I will look for short opportunities on the retest of the borken trendline. Wait for confirmation. Manage your risk and trade safely.
Daily chart. We have seen a big impulse to the upside this week. The last three days there has been a visible loss of momentum as those wicks never lie. I would wait to see how price will react and then look for the 2 possible scenarios around the pink level. If price break the blue zone the analysis becomes invalid. Trade safely and manage your risk!
H4. We have seen a big push to the upside this week. There may be some pullbacks. I would see what happens when the price will start moving around the two blue areas. I will be looking for some sign of bullish pressure around those areas if it will not be shown this analysis becomes invalid. Trade safely and manage your risk!
Daily chart. We see a strong resistance level(blue area) that shows us proof of bearish pressure. I would wait to see on the lower time frames if the bullish structure will be broken. I would also look for potential bullish pressure on the pink area, which is the previous broken area. MANAGE YOUR RISK and trade safely.
Strong key level that showed buying pressure. Support has been broken and I'd look for a retest of broken area before going long. Manage your risk and trade safe.
Ascending Triangle. Possible breakout. I would wait for retest of broken area. Manage your risk and trade safely!
Waiting for retest of broken zone and a bearish price action signal to enter. SL above structure. MANAGE YOUR RISK!
Strong resistance zone. Seems like there has been a breakout and a possible retest. It might touch the upper trendline and bounce back down. What are your thoughts?
Third Trendline touch. Wait for confirmation. Short term trade.
Trading in a channel. Wait for retest of broken area and then look for short opportunities.
Descending Triangle. Wait for confirmation before looking for an entry.