short in the bear flag... if its broken then go long
looks short but this is still a triangle..
This looks like it's going to be a nice short.. Stuck inbetween the daily downtrend and the 4 hour uptrend. The next day will be crucial.
EUR looks long in EURAUD, and GPBAUD looks kind of bearish... Perhaps EURGBP could be a nice pump?
Upper trend line broken, potential bearflag formation
Will retest the previous high and potentially go longer. This may be the turning point to go short, though this is definitely a nice little 4 hour long in my books. Also confluent with my AUDJPY trade and AUDNZD trades
look at 50 ema & 200 ema. massive support to and right in the sweet spot of .5-.618 . Long w stops below .618 zone
Waiting for triangle breakout... Looks like a bear flag is forming
Two trend lines that this has to break before we go short.
shorting this uptrend to fib levels
earlier i posted long on euraud. That was literally a mistake. I see a lot of long postings now that we have seen this strong green candle... But I'm still short. The 100 ema looks hard to beat. The fibonnaci trend has rejected it already in the .5-.618 zone, and its going to be very hard to make new highs. I think it will make one last low before it makes another high.
I'm going short on this as a structure trade & a few other reasons On the daily chart this pair has been making lower highers for a while now On the one hour we can see a bearish engulfing candle USDCHF is bearish currently USDCAD is showing bullish By default, CADCHF would be bearish, because CAD seems to be getting weaker.