This pair is in an uptrend, so this trade is a counter trend. However there are some good reasons to take it. 1) There is a nice harmonic pattern in place. 2) All RSI are overbought 3) There is a nice divergence 4) The high of last week is also present. We are already short on EURAUD. Similar setup for EURNZD. Good luck!
M15, M30, H1, and H4 are oversold There is a triple bottom with divergence on H4 There is no pattern but H4 is oversold so there should be enough strength to go up 80 pip Stop Loss
CADCHF is marching up but there are a few reasons to short it now. 1) The H4 is OB 2) H1 is OB 3) M30 and M15 are showing divergence We will exit as soon as M15 is oversold. There is also a few harmonic patterns at this level.
The pair has been on an uptrend since last week. It is now OB on H4, H1, M30, M15. The pair is showing divergence on H1, M30 and M15. There is also a pattern to sell at the high of last week.
M15, M30, H1 and H4 is overbought There is divergence on H1 There is a pattern on H4 H4 is oversold meaning there is going to be a drastic drop Hold for at least 200 pips
M15, M30 and H1 are oversold There is a double bottom with divergence There is no pattern bu there is a lot of support 40 pip stop loss
This pair has been in a steady decline. It is oversold on H4 and come up 65 pips to hit the H4 MA. OB on H1, M30 and M15. There is weakness on M30 and M15 RSI. 35 pip stop loss for about 70 pips gain.
M15, M30 and H1 are overbought There is a double top on H1 with divergence This trade is with the H4 trend There is a pattenr on M15
GBPJPY has rebounded strongly from the low of last week. It has made a high yesterday and is now showing weakness at the current level. A sell trade here will allow us to challenge the 160 lows. RSI divergence present and stops just 50 pips above.
M15 and M30 are overbought There is a double top with divergence This is with the trend 40 pip stop loss
M15, M30 and H1 is oversold There is a triple bottom with divergence This trade is with the trend 40 pip stop loss
M15, M30, H1 and H4 is overbought There is a double top with divergence There is a pattern on H4 40 pip stop loss
M15, M30 and H1 is oversold There is going to be a double bottom with divergence This trade is with the trend There is a pattern on M15
M15, M30 and H1 is oversold There are double bottoms with divergence This is against the trend but there is a pattern on M15 and M30 45 pip stop loss
M15 and M30 is overbought This is with the trend and there is a pattern on M1 There is a double top with divergence 40 pip stop loss
M15, M30 and H1 is overbought There is a double top with divergence Against the trend but there is a pattern
M15, M30, H1, and H4 are overbought There is divergence and double tops on M15 and M30 This is counter-trend but there is a pattern
The YENS have been going nuts. From moving 50 pips a day it has started to move close to 120 - 190 pips. This means when we trade, our stop loss needs to be wider and hence the position size smaller. We have sold AUDJPY seeing the weakness in H1, M30 and M15. All trends are still down. Hopefully it will hit the bottom for a 300+ pip ride. Good luck!