Looking on the four hour chart. Pull back from resistance level could be forming a possible double bottom on a previously tested support line. Keeping an eye on the close of the 4HR candle if it closes within the zone I will be looking to go long on GBPJPY finding an entry on a smaller time frame. If it breaks through the support I will then look for a pullback...
AUDCAD 4HR Head and Shoulders Nice set up pattern formed on the four hour chart. I will be looking for short entries on a smaller time frame. Hope you find this useful, please hit the like button if you do! :) Happy trading.
OANDA:EURCHF Waiting for the candle to close on the 4H EURCHF for a possible Double top from the resistance zone 0.998 and good short opportunity. If you like my idea please hit the thumbs up :) P.s First idea I have published.
After price broke out of the Downward trendlines on the 1HR. I am expecting a pull back from the resistance zone. When the Pull back reaches the support I will be looking for Long opportunities. Happy Trading :) OANDA:NZDJPY