GbpAud has presented a strong breakthrough of resistance. As we approach the end of October, it appears that future bullish action is in the cards for this pair. What are your thoughts? Note: Trade at your own risk...
Strong price movement on Friday created a higher high for EurUsd. This week should define whether price wants to take a short term short to support below, or push higher to the next level of resistance. Price Action will tell the story...Trade at your own risk.
Price appears to be getting weaker following a brief double top which is potentially a lower high. Looking to short price to target shown. 3:1 ratio for risk/reward. Lower momentum present via RSI. Uptrend has broken support... NOTE: This is not trading advice; trade at your own risk.
Looking for a short to continue the overall downward trend of EurChf. Lower created on 4hr time frame. 3:1 ratio setup... Price is consolidating right around the 61.8 zone from previous higher high. NOTE: This is not trading advice; trade at your own risk.
Price is pulling back following a break through strong support levels of the 200 EMA and VWAP. As price pulls back, I am looking for a rejection at the resistance level for a short opportunity. AudCad is bearish in an overall downtrend. Price is has also broken Golden Ratio which supports my bearish direction. RSI is showing lower momentum. Good risk/reward ratio...
Price is in a bearish landscape and I am looking for a pull back to the most recent Supply block for a short opportunity. EurCad has been down trending overall. Price is right around Golden Ratio zone. Lets see if a pull back permits a short opportunity. (Blue) 200 EMA, (Pink) VWAP
Price has come down below the Golden zone and also below the 200 EMA and VWAP on 4hr. Looking for price to head down to the bottom of the Fib for TP. There is also a close of price below the supportive trend line. NOTE: This is not trading advice; trade at your own risk.
Price created some consolidation within the Golden zone. I am watching for price to go long and create a higher high above the VWAP average (pink).. The drive of price from Demand below is expected. Price is also resting upon the 200 EMA at this time. We may experience some more consolidation if price doesn't create the higher high; patience. NOTE: This is...
Price appears to be making the retrace from a previous push up to the Supply zone. Bearish channel is not confirmed yet with touches but just an idea. Price is in a bearish landscape holing below the 200 EMA on the 4hr but above the VWAP holding as support. I am anticipating a short all the way back down to the Demand zone. Supply has a heavier presence vs. Demand...
We have confluence with price with the Golden Zone. Looking for price action for a buy entry. Although price is below the 200 EMA and slightly below VWAP, I am expecting strength in the coming days...RSI has given an oversold signal with previous candles but a lower low was created. Its important for price to hold within this zone for this idea to be valid....
Now that the major USA news is out the way, we may see the original pathway of price again. Price is within the Golden Zone with a Supply level right above. RSI indicates an overbought level on the 4hr time frame. Looking for price action to short price to the bottom level of the Fib. Note: This is not trading advice; trade at your own risk...
Price took a big drop on Friday for the USA NFP. Its currently in a Demand zone and has also created a lower low. Within the range we have an overbought signal. Looking for price to climb above the demand zone then retest it. This can be a short term long position. Next stop, I am looking for price to retest the Supply zone which is quite heavy. At that time, I...
Looking for price to push back up to Supply zone for a potential rejection. Heavy resistance present for price in coming days. Bearish landscape still present. If opportunity presents itself, will short to Demand zone at the bottom of Fib level. Note: This is not trading advice; trade at your own risk.
My previous markup was invalid which displayed a range that I anticipated to break with the bulls. Instead price broke the range and has a stronger potential to enter the golden ratio zone within the fib. Strong buyers are below when comparing "supply & demand"... I am still bullish and will be looking for a rejection at the levels shown for a potential buy entry....
Price is in a bearish landscape and Im looking for a pull back(retrace) to enter a short position. I marked 2 ratio levels for the rejections I will be looking for. 200 EMA (blue) and VWAP (pink)... Heavy pressure is present from the supply vs demand levels to support the short bias. NOTE: This is not trading advice; trade at your own risk...
Price may provide another chance to short if price retests the 618 level for a 2nd time at the resistance level of the channel. If this plays out, I will consider a 2nd position to short until TP target is hit....Price remains in down trend below 200 EMA and VWAP... NOTE: This is not trading advice; trade at your own risk.....
Price has pushed up nicely since my last chart markup. I didn't take the long entry for this opportunity previously but we have another opportunity approaching. Price is consolidating within a wedge. Blue EMA is 200 EMA. Pink average is Anchored VWAP which is serving as support. Looking for a breakout with a higher high created to take advantage of a long position...
We have a consolidated range that played during the plans of my original long chart markup. I remain bullish with price. Here was see a bullish landscape with price above Ichimoku cloud and the Anchored VWAP serving as support. Looking for price to climb back up above 618 level to hit the ultimate target above. Patience is needed to determine if this will play...