


SHAQZ
Currently in a wedge looking to grab a few quick pips risk to reward ratio is looking good looking to get long
We had a sharp spike in price that wiped out almost a year of bear momentum now price is at previous resistance we have two nice rejection wicks on the weekly chart we will see if the level can hold on the daily chart and form some sort of bearish confirmation looking for a move to the downside to test previous break of structure and form a higher low
CURRENTLY IN A UPTREND DAILY BULLISH ENGULFING CANDLE FORMED SIGNS OF POSSIBLE CONTINUATION
If you took the GBPUSD trade with me you would have scored 300pips profit now we will look to squeeze more pips out the market about 200pips with the next opportunity if it presents itself Clear rejection at previous support level we are looking for another rejection or lower high to go short to 1.27000 (Strong support level)
possible reversal on weekly trendline wait for confirmation on daily chart then go long till 1.59000
Break of upward trendline retest complete lower high sighted wait for next lower high or bearish engulfing candle to go short
Expecting higher low to form to go Long at fib extension level 78.6 level at strong rejection level will update soon as move starts
USDCAD double scenario brewing ..from personal view Inline with the dollar decline Short is more favoured but we must not forget USDCAD weekly and Daily is in a Uptrend channel with the Higher low formed at 1.27800 but because of the demise of the dollar we see rejection wicks inline with the previous downtrend within the channel which we can see now the wedge...
Awaiting signal to short GBPUSD my thoughts Daily timeframe
change of Trend sighted for USDCHF looking to go short at trendline confirmation by a lower high forming in between the 61.8-78.6 levels use TF 1 HOUR to confirm and 30m to enter Targets will be updated once reversal takes place
In align with the decline of the dollar.. EURUSD broke out of daily down trend and forming a uptrend.. higher lows sighted anticipating next higher low to go long (respecting the fib retracement levels) targets will be posted once we recieve confirmation of the move
lower high formed strong BEARISH confirmation at trendline
due to the Dollar strength index gaining momentum we see a rejection on NZDUSD which is a reversal at a previous Rejection level its a good time to go Short
EURAUD holding at fib retracemen t@ 38.2 resistance expecting a bearish confirmation to fib extension 61.8 take profit at 1.56600
rejection level holding at fib 38.2 level awaiting bearish confirmation to short to fib extension 61.8