AudUsd showing bullishness right at support on trend line, looking for the next wave up reaching around .79000
Bearish Candle formation Ma's getting ready to cross Rejection from trend line Risk 50 pips Gain 150 plus
Rejection at fib level pin bar on daily time frame Respecting down trend line on the Daily
Rejection at fib level pin bar on daily time frame Respecting down trend line on the Daily
Break of 4 hour trend line Retracement and rejection to back side of trend line fib confluence
Weekly shooting star Descending wedge on the 4hr tf Large wick at Major resistance level on weekly
Right now on the 4 hour we are trading in descending parallels, we have had plenty of failed attempts in the 1.1060 area. We will bounce from current levels located on 0.786 fib levels. Take around 80 pips then i suggest locking in profits before bears take this pair back to where it should be 1.08 area then followed by parity levels. Good day and keep it pippin
Higher highs and higher lows is what the charts are clearly telling us especially from a 4 hours chart point of view, look to go long around these levels and continue this uptrend.
You can see the common pattern forming lets see if it plays out, start the short off with tweezer tops on the daily
Bearish 4 hour candle pending confirmation, will close as a pin bar very shortly. EurUsd has tested this area also known as demand area and failed once again bye bye Eur/Usd its a bears world for you my friend
Eur/Usd is finally coming to its senses has finally broke through its 4 hours trend line and ready to drop. Look for a small retrace before the bears drag it back down to 1.08 level
Usd/Cad has bounced from a very strong trendline, looking for it to go long from here stop loss at previous swing low.