NZD/JPY appears to have broken a rising wedge and retested the trendline, I am targeting a 4H range for a decent 1:4 RR.
Bearish Price Action on EUR/AUD suggests it is good to meet the daily range for a 1:8 RR.
Bulls are in play, enter for a 1:3.5 RR, targeting a range of 100+ pips
This is a tried and tested "Break and Re-test" of a critical key level. We will see if price respects and touches the key level before meeting the full daily range and more.
Quick Gold scalps for 1:4 RR. I am anticipating bullish momentum to drive price towards the next key level.
CHF/JPY seems to have broken a bullish trend line, it has since retested and may go down to meet a 250 pip range.
EUR/GBP has hit a clear daily trendline and was bullish in the short-term, however, it appears the bullish move is over and will continue its bearish descent. This is an easy 1:2 RR trade if you enter now. This is very likely to occur and will be risking a little more on this type of set up.
AUD/CAD seems to be developing a falling wedge pattern, and alongside a double bottom, it has bounced off a key demand zone. Given these confirmations, I anticipate a strong likelihood of bullish momentum that could propel the price upward by at least 100 pips to reach the daily range. Easy 1:3 RR trade.
CAD/JPY is presenting CLEAR bullish momentum and can see it going to the weekly ranges and more! This is a falling wedge and looks rip for momentum to blast this pair to TP. This is 99% probability and is clearly indicating bullish direction. Enter now before it's too late!
The GBP/NZD pair is exhibiting strong bullish momentum. Recent price action indicates accumulation along a well-defined bullish trendline, with a bounce off a key level. There is clear traffic towards the daily range target of 2.168, presenting an attractive risk-reward ratio of 1:13. I would definitely enter early for a good early entry. There is a high...
EUR/GBP – Price has been consolidating for the past 11 days and has started to form a flag pattern. I am expecting a bullish move up to meet the daily range. Simplistic Trading at its finest.
EUR/CAD - Created a double bottom and is presenting (weak) bullish momentum. HOWEVER, there is NO confirmation and NO confidence in this trade.. I am entering with a low position due to the wide RR and low confidence in this trade, visually price is unstable and is not presenting clear enough bullish momentum. I am targeting the daily range. ****This specific...
EUR/AUD has been seeing bearish momentum for a couple days, we are seeing price is struggling on a key level with some fake outs below the area. Price is currently consolidating under this key level and, usually when we see this type of behavior, price is accumulating and collecting sell orders in order for a bullish break out. I am targeting a daily range and do...
Price has created a 50% retracement on Fibonacci and is filling up the range, there is still currently around 100 pips left in the move.
Price has currently broken and retested a trendline and is currently over-extended. I am expecting price to continue bearish until near the range for a 1:3.5 RR. SL will be above the trendline and TP near range.
AUD/NZD is currently in a bullish channel with significant consolidation... meaning that price is testing this level in preparation of bullish momentum targeting the upper trendline for a solid 1:2 RR.
Easy 1:6 trade, price broke and rejected the trendline and is going up to fill the range.
It appears that GBP/JPY has intricately shaped an Elliott Wave Pattern, with a discernible corrective wave within the Elliott structure taking form. Concurrently, a distinctive head and shoulders pattern has emerged on the chart, signaling potential shifts in market dynamics. These technical patterns may provide valuable insights, hinting at possible trend...