I'M WAITING TO SEE IF PRICE BREAKS OUT TO THE DOWNSIDE. IF THIS HAPPENS ON THE 4H CHART I'LL WAIT FOR PRICE TO RETEST THE PAST SUPPORT ZONE AS NEW RESISTANCE AND LEAVE A NICE REJECTION CANDLE. MY TAKE PROFIT WILL BE THE SIZE OF THE MEASURED MOVE MARKED ON THE LEFT SIDE OF THIS CHART.
A nice Double Top has occured on the 1D chart on AUD/JPY right on the resistance zone. Followed by a nice Bearish Engulfing Candle. Looks like a nice short setup. Price looks to be forming a Symmetrical Triangle. Take profit will be when price touch that trend line!
Looking for EURUSD to retest old resistance before shooting back up
Bullish divergence on the 1H time frame of USD/CAD. Waiting for the right signal to go long.
Price has came up to test previous resistance and failed, there's also bearish divergence. Time to short!