FX:EURNZD 38 Fib, Intra Wick, Psych Buys Also have the 61 Fib as backup if the 38 Fails
Looking for a buy from around 0.631, why? We have the large 61% Fib lining up with the Intra Low Also looking for sells from around 0.649. Here we have the 61% of the move down, the key level and the 200 ema
Looking for a sell from the 50% Fib, lines up nicely with the strong intraday key level.
3rd bounce TL 38 Fib 1.31 psych level potential 4hr 100 ema
AUDJPY Buy 86 level, 61% fib and also 50% longer term fib, line up with a nice key level aswell as a potential 3rd bounce off the trend line
AUDUSD Buy 0.73 key level, 50% fib of the impulse move up, lines up nicely with the daily 200 and 800 ema, if this happens on monday we could see a trend line touch too!
GBPCHF buy from 1.2228, 3rd bounce off trend line, 61 fib lines up nice with those previous wicks. We also have the 1.22 key level to protect the position just 20 pips below
GBPJPY buy from around 155, 3rd bounce off the trend line, 38% fib level, 155 psychological level, previous high
looking for a sell from 1.327, we have the 61 fib of the most recent move down, the 3rd bounce off the 4hr trend line, the 61 fib also lines up nicely with those previous 2 wick rejections
Im looking for a short on GBPUSD. We have a potential 3rd bounce off the descending trend line. This lines up with the 38% fib, the 200 daily ema and the 1.36 key level!
Looking at the daily time frame. Price is following the descending trend line. Im looking for price to retrace back to the TL for a 3rd touch which lines up with the 61.8% fib and psych level of 1.94. Before I look for that short im also looking for a long upto the TL, looking for an entry at 1.91.
GBPUSD on the daily time frame, we've got a descending channel with price returning to the upper trend line for the 3rd time. We can also see price has rejected the 61.8 FIB. Depending on how market opens. Ill be waiting for a break of structure on the lower time frame before looking for an entry
usdcad we were caught in an ascending channel but failed to break the higher high and weekly zone. we have now broke the lower trend line whilst also broking the low indicating a potential change in trend direction. We have also completed the -23% fib extension which make me believe we should continue down to the -61.8% level
eurusd clean break and retest, position protected by the weekly area in green just above resistance. however not to sure on the short position considering we still havent broke the descending trend line
trading in an ascending channel, price has come down for a 3rd retest and is currently showing signs of rejection of the 78.6% FIB, nice HH HL structure
eurusd potential long, weve approached a weekly area as well as the descending trend line. Creating a lower low im looking for price to create a lower high at around 1.17 . on the 4 hour we also have an inverted head and shoulders
eurgbp send this in last week, head and shoulders perfect example. weve now broken the neckline and also the descending channel. now looking for a long entry on the current retest
on the daily i reckon if we see a break below the 38% fib then it could be a clean ride all the way down to the 149.5 area. Mainly because of those clean candles to the left highlighted