EURUSD has broken and retested a key resistance level. Bearish momentum expected.
With the negative fundamentals weakening the euro and now the technical confirmation of a break to a critical high timeframe level. Low timeframe price action with a break of a bear flag formation. Makes this a high probability trade to the down slide. Apply Good Risk management.
After reaching a strong resistance level. Gold has formed an Ascending channel. We can expect a break of this structure to the down side.
Gold has broken from an inverse head and shoulder structure. COmpleted a retest to support level (indicated on chart). Expected to continue on upwards trend
GBPUSD is moving in a upward channel. After breaking a key resistance level we can expect a retest then continuation to the upside.
Head and shoulders in ascending channel. Showing signs of bearish momentum. WARNING: NFP Friday, indicates high volatility and high impacting fundamental movement.
Basic price action and market structure formation on USDCAD. Break just occurred on support level and retest expected to resistance level before further push to the down side.
Simple Double bottom break and retest formation. Price at a key support area, showing convincing price action for a reversal to the upside.
Good short opportunity on GBPAUD. Low risk as GBP fundamentals may cause volatility in the market.
If price breaks and closes below support level. Next we can expect price to continue down to Basline support level of higher timeframe H & S structure.
Upwards movement expected on 4H. Beware of the overall bearish trend on higher timeframes (Daily, weekly). This is a counter-trend move. Only trade if comfortable trading corrective moves.
Break occured, awaiting retest on one hour timeframe. Wait for further confirmations before taking shorts.
GBPUSD bouncing off a support trend line. Possible move towards 1.39 resistance zone.
H&S formation with break and retest complete. Rising wedge showing signs of break. Conservative entry after break of Falling wedge is a safer entry.
Bearish Diverence; Resistance channel reached, retracement expected.