Price is coming down to the trendline, look to take profits at the S/R near 1.3340.
Selling Climax. Touched the bottom line of the ascending triangle pattern. Have a tight SL - around 15-20pips.
Price has broken out of the downward trendline on H1 and retested. Look for profit targets near the green line.
Price has broken out and retested the rising wedge. Look for a quick short for 15-20 pips.
Break of descending triangle pattern + retest. S/R also retested with strong price action.
Very strong pinbar on the daily rejected from supply zone. Bearish on the Weekly, Bearish on the Monthly. Look for shorting opportunity this week- however price may retrace before making the down move.
Bias: Upwards Strong green candle at S/R. Price has just formed a higher low confirming uptrend
Bias: Downwards - Monthly pinbar - Look for price to test the 200 day moving average (red)
Bias: Downwards USDCHF has just broke out of the bearish flag on the H4, look to sell and take profit at the Monthly S3 Pivot point (blue rectangle). There is pretty strong volume with the past 3 H4 bars, indicating that there is still sellers coming in.
Breakout of the downward trend line, retesting the trend line and s/r now, wait for price action to go long
- Price is at the bottom of the range on the weekly - upward bias - Price is forming a symmetrical triangle pattern on the D1 - The blue area is a historic S/R - RSI on the H4 is in oversold territory Wait for price action to go long
Price tested support - blue line Bullish candlesticks Possible double bottom forming on the daily signalling reversal
- Price is at a strong weekly resistance - RSI represents an overbought condition on the daily - Wait for price action to go short Trading with the trend.
Price has touched the bottom of the trend line Forming a bullish pin bar on the weekly and bullish engulfing bar on the daily Momentum has also reached a 1 year low Bias: Upwards
EURHUF in downtrend since June 2018 Double top forming on the H4 Wait for price action to go short