All week GN has been pushing for higher highs. right now were experiencing a pull back to a major key level. Were already starting to see rejection at this level were currently at. Id say its a safe bet to place an entry as the prev. 4h high is broken and take an impulse entry.
UsdChf is forming a clear break and retest along with a head and shoulders forming at the bottom of the trend. Spotting clear Bullish Divergence to really help this one take off. Use proper risk management as always. If this stop loss hits ill enter one more time closer to the bottom of the retest structure for good risk to reward ratio.
Called this beauty out about a week ago and its playing out very nicely
Nzdcad is making new highs after touching this very respected level of support. On the daily chart you'll notice the prev close closed with hardly any range and the bottom depending on you broker provider. As we touched this level we started breaking old highs insisting an up trend. i see no other solution but to buy at this point.
If you take a look at EU on the smaller time frames you will notice a head and shoulders pattern that is playing out quite well. Right now the head and shoulders pattern looks to be retesting the neckline as the markets came to a close. On our higher time frames you’ll notice the daily candle has broken the low of the previous candle. On top of all that its at a...