Medjan

Medjan

GBPJPY could be ready for a bounce. The green marked zone includes a strong Horizontal Support , a possible Trendline Support , a 50% Retracement and Yearly and Monthly Pivots . The zone has already been touched, but a second, deeper touch of the Trendline would give us a better Risk:Reward-Ratio.

Medjan

EURGBP just broke the Trendline, but it does not seem to be that powerful. On the H1-Chart we can see some rejection in the area of the recent highs at the top of a Channel. This trade might be very risky, but the Risk:Reward-Ratio could be worth it, because a False Breakout is likely to cause a big move in the other direction.

Medjan

Price is stalling at the top of a Channel , which is also where a recent Support/Resistance and a 38.2% Retracement is located. This could cause a break of the Bearish Flag for the next move Down.

Medjan

PinBars on the Daily Timeframe at the right spots can be very powerful. USDCAD produced such a signal at a strong Resistance Level. The red marked Zone also includes a 61.8% Retracement of the last Swing.

Medjan

GBPUSD produced a nice Bearish PinBar at the marked red Zone. The Zone includes Structure Resistance , Trendline Resistance , two Fib-Levels from recent highs and a Weekly Pivot Point . This could cause price to break the Bearish Flag to the downside.

Medjan

AUDUSD might go down to the marked green Zone. If it does I'll definitely be looking for some Price Action Signals to go Long with a tight Stop and a nice Risk:Reward Ratio. The Zone includes a strong Weekly Support, a 61.8%-Retracement and maybe a ABCD Completion.

Medjan

A short trade to recent highs. Move to BE quickly because sellers seem to become stronger.

Medjan

The trendline has clearly been broken, additionally we see price stalling at the 38.2%-Fib-Level, wich is right at the retest of the trendline. This might cause price to move down again with the higher timeframe trend and a great risk-reward-ratio.