HudaAli

HudaAli

Good luck, :)

HudaAli

The price is at interesting levels: bouncing from the downtrend + retesting the neckline of the H&S pattern + %38 fib. Also, stochastic shows overbought. All make it a good opportunity to short. Good luck, :)

HudaAli

Good timing for a long entry. The pair is at interesting levels: horizontal support + % 23 fibo. Also, the stochastic shows oversold. More importantly, the pair for couple days is moving in a rectangle pattern. Currently, on the 1h chart a falling wedge is forming. Breaking the falling wedge to up OR waiting for the price at the %23 fib are good entry...

HudaAli

Short @ 111.00 which happens to be %23 Fib + previous support (retesting). Good luck, :)

HudaAli

Trend Direction: Down, Trend Validity: Valid, Volume: Low, Zone D/S: Demand Stage: Consolidation, Retracement. Levels: Horizontal Resistance, Channel Resistance, Trend Resistance, Fibo Level. Continuation Patterns: Bearish Rectangle. Reversal Patterns: Double Tops, Rising Wedge. The pair is more likely to be bouncing inside a rectangle pattern, and approaching...

HudaAli

AUDNZD broke the uptrend, retested it, and broke the support. Obviously, it is making lower lows and lower highs. Since last week, it has been bouncing in a rectangle pattern. Breaking the pattern to low may be a good chance to ride a new down move. Good luck, :)

HudaAli

AUDNZD broke the uptrend, retested it, and broke the support. Obviously, it is making lower lows and lower highs. Since last week, it has been bouncing in a rectangle pattern. Breaking the pattern to low may be a good chance to ride a new down move. Good luck, :)

HudaAli

Good luck,

HudaAli

Good luck,

HudaAli

Based on price actions and volume, I think it more likely to be a bounce. We will see. Good luck, :)

HudaAli

Good luck, :)

HudaAli

Good luck, :)

HudaAli

Watch for a breakout on 1H Good luck, :)

HudaAli

If the pair breaks the rectangle down on the 4hr it may be a good opportunity to go short. Good luck, :)

HudaAli Updated 

As can be seen, the price is at interesting levels: {Horizontal Resistance+Trend Resistance+38% Retracement}

HudaAli

My setup is illustrated on the 1h chart. Notice, the pair broke a pennant pattern with a considerable volume. The first target is the length of the pennant pole which happens to be the nearest support level . The second target can be the weekly support at 148.000 Good luck, :)

HudaAli

Keep an eye on this. Good luck :)

HudaAli

Double Tops + Broken trend + Broken Support => Short Good luck, :)