Price is at a key support area and a support trendline. We might see price push higher from this area. If price breaks support and the trendline, we could then look for short opportunities.
Platinum looks ready to short. Price has broken trendline and broken support structure. We got a retest and a low risk short opportunity is available.
Price is ranging at a key support level and is now trading between the zones marked. Wait for a break to the upside for buy opportunities. Early entries might be subjected to whipsaw while price is ranging.
After the gap down in DAX price is near the channel support. There is also a longer term trendline that might serve as support. Use your own discretion and entry strategy to look for a long trade if you agree.
Price has made its way back up to a clean resistance zone. I'd wait for a clean rejection of the highs to place an entry with a tight stop.
EURGBP is approaching a mirror level and resistance trendline. This could be a good place to sell if we get good price action suggesting shorts. On the other hand, if price breaks support and the trendline we could look for long entries.
A good short opportunity might present itself soon if price continues to trade higher to the top of the channel. Ideally at the zone marked which is also a major level we could expect a reaction from.
Price is approaching a key resistance trendline. We might see some rejection and a possible push lower but, we might also get a breakout since there is no recent horizontal resistance high to hold price lower.
As shared in the last idea. USOIL indeed fell after rejecting our key resistance area. Now, a buy opportunity may be looming as price is near the 61.8 level. The buy zone marked could be a good entry point for long positions. Invalidation being when trendline is broken and price closing below the buy zone.
EURCHF has printed a decent weekly rejection candle at a key support level. We could aniticipate price to rally from this zone to the resistance area marked. Wait for a structure break on lower timeframes to initiate long positions.
Price slowed down after nearing an important support trendline which has held as support as far back as April 2015. Price is also at a key support area which has been well respected before. Instead of calling the bottom, one could wait for a clear break of price structure before looking to ride a possible uptrend.
AUDCAD is trading within the range indicated. A sell opportunity may present itself if price pushes up to horizontal and trend line resistance and shows good price action.
Price has completed a five wave move to the upside and we are looking for early reversal price action. We already have RSI divergence present on the last two highs, a long term resistance trendline and a rising wedge pattern yet to be broken. Entries could be taken on the immediate break or wait for a pullback for more conservative entries.
Price is trading within the rectangle and is currently rejecting the resistance zone. We might see a short correction and possibly support found at the trendline before a push higher to a weekly resistance trendline which looks the most ideal for a long term short trade.
The inverse head and shoulders and the broadening wedge formation suggest a bullish trend might be favored. The highlighted zone could be a good area to look for long entries.
Price is yet to form what might be the right shoulder near the 61.8 fib level which will provide a decent short entry for the pattern formation.
With the bullish wave possibly completed we could look to sell a potential correction to the downside and trade the second bullish wave up if we get good confluence. NFP might cause spikes in volatility.
Price has entered a potential sell zone with channel resistance and a mirror level where which it might reject. Lower timeframes will provide better entries.