Forex_Trader_

Forex_Trader_

After big downside, we have a slight reversal and slow down of momentum. Then price should follow trend and continue downwards. Nice ratio of 3:1.

Forex_Trader_

Tight stop loss, good ratio of 4:1.

Forex_Trader_

Overall downtrend, about to break through support. Plus I can see AUD going down as Gold will melt. And USD strength. A nice sell opportunity with 2.5:1 ratio.

Forex_Trader_

Price sitting on support level. Should see price move back up. Nice 4:1 ratio.

Forex_Trader_

In higher timeframe, NZDJPY is in a downtrend. The price fell straight down from the top of channel trend-line all the way down to bottom of channel which is also a support area. From there, the price retraced upwards to the 50 Fibonacci level + resistance area. Price is also about to bounce off of two lower-time frame (4H) trend-lines. Furthermore, still on the...

Forex_Trader_

Price is in an overall uptrend. After Leg B creates a higher high, we have a pullback towards Fibonacci level of 61.8 (reversal area), sitting on upwards trend-line, and sitting on resistance level. We may see price rally back up to create a higher high! Good ratio of 2:1.

Forex_Trader_

Nice short

Forex_Trader_

Nice sell opportunity. Fibonacci level, downtrend, resistance. Much lower potential to go!

Forex_Trader_

Nice sell opportunity

Forex_Trader_

Price at 1.298 is currently in the top region of a downward price channel. Most likely price will bounce off the upper trend line and continue downwards to follow the downward trend. 1.298 is also an area of resistance. Price will most likely not break resistance. The current price 1.298 also falls between the Fibonacci levels 61.8 and 78.6, which is a hot spot...

Forex_Trader_

We are at the bottom of a channel. We will most likely bounce off the lower bound of the channel to reach the upper bound. We are also creating a series of higher lows and higher high which means we are in an uptrend. We have a nice ratio of 2:1.

Forex_Trader_

We have gold at an interesting price level. We may see a further move to the downside to create a lower low, which would follow the previous lower high. We have gold at resistance, Fibonacci reversal level of 61.8, and gold is hitting trend line. Good ratio of 2.5:1.

Forex_Trader_

After the bull rally, we may see bulls continue to push price higher, until they reach resistance level zone at 143.40s (previous support as indicated by blue box). This price zone also coincides with the 61.8 Fibonacci level, where we can see a reversal to the downside. Price at 143.40 is also an area where it is likely to be a bounce down off of the trend line...