USDCHF 4 Hour Breakdown Overall longer-term bias -- Bullish Follow for more updates on this pair going into the week ahead. Happy Trading!
USDJPY 4 Hour Breakdown Last week USDJPY finally managed to break out of the the bullish flag forming for the last 15 months. The breakout was very strong with no pullback, however we did see an expected rejection off of the weekly 78.6% fib level in which we can now expect a shallow pullback to either of the 38.2% Fibonacci zones, or even further down to retest...
GBPUSD Bearish Continuation in sight. Details on the chart. Happy Trading!
EURUSD -- Bearish flag into descending triangle continuation. Details on the chart. Happy Trading!
BTCUSD 2.75% Bearish Harmonic Structure Details on the chart. Happy Trading!
My rules for trading this simple breakout pattern. 1. At least 5 points of contact within the pattern. 2. A breakout out of the pattern. This creates what I call the "Breakout Point" which is formed at the low wick of the candle. 3. Regardless of what price does after, we must see a breakout past the "Breakout Point." Regardless if we get a retest or not. Risk...
Details on the chart. For further confirmation wait for a break and close above resistance zone. Happy Trading!
Details on the chart. Position is activated. Always use proper risk management. Happy Trading!
CADJPY 0.16% Ascending Triangle Details on the chart. Happy Trading!
EURNZD 0.05% Head & Shoudlers Pattern Details on the chart. Happy Trading!
USDCHF Inverse H&S & Ascending Triangle. Waiting for a break above the neckline and close above resistance zone to confirm this setup. Happy Trading!
Patiently waiting for either opportunity to take place. As of now, there is no confirmation in either direction. Details on the chart. Happy Trading!
NZDJPY Selling Continued Selling Pressure Details on the chart, wait for a 4 hour close below support zone and ideally below the white line for entry. Happy Trading!
Details on the chart. Waiting for a break and close confirmation of the next 4 hour candle before taking a position. Happy Trading!
CADCHF Details on the chart. Waiting for a 4 hour break and close above the weekly price reversal zone, resistance zone & 50% fib for confirmation. Happy Trading!
Details on the chart. Can wait for further confirmation with a 4 hour close below the 145.00 handle. Happy Trading!
Details on the chart. For more confirmation wait for a 4 hour close below 38.2% fib. Happy Trading!
EURJPY Details on the chart. Waiting for a 4 hour break and close below the support zone for confirmation. Happy Trading!