I drew my support and resistance lines and I saw that price kept rejecting at those levels. From what I see is that we can expect to see the market go up from here for a few days.
I'm going to wait for price to hit the green box to test that low and have a possible reversal. FX:EURUSD
My analysis by looking at this. is that if we hit that zone, we can have a short term buy. FX:GBPUSD
On the hour chart I took a short for USDCAD, I saw a down trend so I took it. Do your own analysis.
From my analysis on the 15 minute chart, I'm most likely shorting AUDJPY. From What I'm seeing its a triple top and my goal is to get at least 25 pips out of this. Do your own analysis.
Looking at USDJPY hitting the resistance support multiple times, I think we're going to see a drop.
I took this short trade for USDJPY, triple top so I sold. Be patient, don't rush and don't let emotions get to you. I won't sell till It 20 pips so I won't be greedy.
It looks similar to AUDUSD, I see the setup, a triple top and from what I think a 3 level rise, I won't take a trade until a bear candle closes, I'll be going short. But for now I'll be patient, also on the 3 hour chart.
From my analysis I think AUDUSD could go down, I see a 3 level rise, and a triple top. I'm going short, do your own analysis guys. I don't usually trade Sundays, Mondays, nor Fridays but I feel like I saw a good set up so I'm taking it. I usually use the 3hr chart, I just feel really comfortable with it.
So I've been looking at USDCAD and I can see it hit a real low on the 3hr chart. Let's wait and see if it comes back up, then down to hit resistance and lets wait for a bullish candle to end so we can buy USDCAD, patience is key. Neutral for now, but if I see the 'W' set up I'm buying. So lets keep an eye on it!
Its almost complete, everything for now indicates that USDCAD might go up, just be patient and wait for this bull candle (If it ends bullish) to end, but to be sure I'd wait for the other candle (if its bullish as well) to finish. For now just spectate.
Right now I'm looking at GBPJPY but from what I've seen it's reached a low but it can continue in a down trend, or it can brake trend and go the other way. But most likely it may go up. I won't take a trade until I see the signal of it going down and then the candle closing when it comes back up.
My analysis was correct on the 3hr chart of AUDUSD, 3 levels, and an "M'' on the top, and it went down.
From my analysis, an "M formed on the AUDUSD at a possible high, so I would expect for it to go down.
I think GBPUSD should be going down, I'm in a 3 hour chart. It hit resistance 3 times, hopefully I'm right. It formed an "M" and a triple top.