EURGBP Potential Short. As price is making lower lows and lower high. Price has made bearish engulfing in 4 HR TF.
Potential Short idea on XAUUSD. As Price has successfully retested daily trend line and showing sign of weekness. On a daily timeframe Gold has made bearish pin bar, and on current price level it has also created bearish engulfing candle.
Potential Long idea on CADJPY, as price has successfully retested the support level, Bullish engulfing candle is showing strong Bullish momentum.
Potential short idea on EURCHF, As price has broken the support level and making lower lows. Price has successfully retested support with pinball and strong bullish engulfing.
Potential Long idea. As Price has created higher high. Daily timeframe is bullish.Currently price rejected 79% Fib level.
Price has recently broken the trendline, and started making lower low and lower high. Price has retraced to 78% fib level and created and engulfing bearish candle.
GBPNZD Potential Short Opportunity. As price is making lower low in 4hr Market Structure, and successfully retesteded 4hr 79% fib level.
AUDUSD is continuously making higher highs, the price has retested the trend line. There is no significant resistance above the price. Potential Long signal.
Potential sell idea on NZDUSD. As price has broken the upward trend and crated a lower low with potential lower high. Price has also been rejected from weekly resistance level and 79% level of fib.
Price is continuously moving higher and creating higher highs and higher lows. Price has retraced to 50% fib level and potentially rejecting the level. Potential Long opportunity.
AUDCHF possible long opportunity. As price is making new higher highs.
NZDJPY making higher high and higher low. Potential long idea Week02
As GBP is currently gaining strength and NZD is quite weak. We can see possible long setup in GBPNZD. Price has broken the resistance and maybe it will come back for retest. We can enter long after retest of previous resistance.