Weekly/Monthly trend line rejection with possible long to daily trendline and zones.
EURUSD trendline approaching. Potential rejection here for a possible long.
GBPJPY approaching trendline structure. With correct rejection i.e. candlestick formation, possible long from here.
Large inverse H+S apparent on higher time frames off USDJPY. Potential Long from here.
USDJPY has arrived on my monthly level as well as daily trendline. First rejection was seen last week with a second potential rejection nearing. Potential long opportunities from here.
AUDJPY has arrived on my daily trendline. Currently looks like an inverse H+S formation forming, a good entry area would ideally be around the 77.660 region. With Long targets up to my counter-trendline.
Potential sell for EURUSD as it has arrived on a weekly trendline
Potential long for DXY as it has arrived on a daily trendline.
Potential long on AUDUSD. AUDUSD has arrived on a monthly level which has been well respected, there is also 4hr divergence apparent.
Bitcoin is forming an Inverse Head and Shoulders pattern. A potential buy in the current area is a good position to enter the trade as candlestick rejection is apparent.
USDCHF is currently approaching my 50% fib zone where it interacts with a trendline from the daily time frame. A strong possibility of a reversal here for the long side. However, if broken and retested the blue trendline which is also from the daily trendline interacts with the 38.2% fib level where long side opportunities are likely. Candlestick confirmation will...
USDCAD approaching weekly trendline. A bounce and candlestick confirmation would confirm a short position on this. However, a break and retest is still valid with long positions to monthly trendline.
DXY has reached a monthly trend line where rejection is apparent. The previous monthly candle indicates a reversal to shortly appear. I expect the overall bullish behaviour to come to an end and an overall bearish market to start taking place. Rejection is currently being shown in my weekly zone.
Rejection off fib level and 21EMA on 4hr timeframe. Continuation of sell towards weekly trend line