after recent market activity, eurusd is presenting a potential trend off of the resistance level. MACD is showing bearish divergence on the pair as well, fueling the idea. I would be taking this trade till the 50% Fib level, should this actually be a trend breakout after a pullback.
USDJPY is printing a probable reversal off of the historical support trendline. MACD on the 4h is printing divergence, 1h showing momentum swing. Chart is also shower a higher low from the previous trendling direction.
USDJPY shows potential reversal off of historical support levels shown in the market. This may give traders a short term long opportunity if they buy into the market.
eurusd printing a recent higher low giving an opporunity to buy back into the market should it hold the current trendline off the recent lows
Over several weeks CADJPY has been compressing down, this current setup its taking favor of the existing support and resistance levels providing an opportunity to get bullish during the break of this phase. Pending Daily close above the support line will determine validity of the position. A 4:1 could be possible under the correct circumstances.
A recent bullish pullback in the bearish trend provides a Sell opportunity to get back into the market. A tight 6:1 could be achieved on this, should the pair pullback to give that opportunity.
EURCAD bearish breakout provides a short-term Sell opportunity into the market. 3.5:1 ideal target.
Another position for a pullback off the bearish push of GBPUSD. This is not defined as a trend change direction. 2:1 will be used once a retest and rejection is met on the supporting trendline.
EURUSD daily showing potential dragonfly doji/hammer which will provide a temporary bullish pullback from the overall bearish sentiment. My stance is 2:1 long on daily close above the trendline, and when the candle is recognized.
Bear trend on NZDUSD shows potential trending support and resistance.
Potential continuation of bearish momentum on nzdusd presents a potential low stop with large limit List of probabilities Bearish sentiment price below 50 EMA on daily, 4hour, 1hour Price on hourly has rejected descending trendline Price on hourly has rejected 50EMA respectfully Hourly hightest candle on 50EMA Event Triggers Momentum must...
Potential short term reversal off of descending trendline on nzdusd. Friday momentum can play a factor into pushing this to the upside as traders look to close short positions (buying back their short sells)
potential long reversal as momentum swings in the opposite direction closing daily above .647
Potential double top reversal. Short Daily descending trendline Hourly double top forming Horizontal Resistance at 1.094 Bearish MACD divergence