TradersChoice_Kieran

TradersChoice_Kieran

After rejecting the lower trendline by the wick, the New Zealand Dollar gained strength on top of US weakness allowing this impulse to the upside, price seemed to have formed an ascending triangle pattern for continuation towards the top end of this channel.

TradersChoice_Kieran

After what seemed to be a bullish reversal for UJ, the third impulse within this channel performed far worse than expected, now falling below this trendline we can identify this as a correction for continuation. Looking to target 105 area in the long run but we shouldn't be too greedy...

TradersChoice_Kieran

EURUSD daily timeframe looking like a nice clear retest of the trendline channel along with a pin bar daily candle. However, we don't want to jump on straight away as we can see a potential descending triangle pattern forming at this daily retest. Looking to go short once this triangle has been broken.

TradersChoice_Kieran

Simple correction trading within a channel, within a larger channel. That's it, what more do you want?

TradersChoice_Kieran

GBPUSD flag pattern continuation found on 1hr TF which is slightly clear now on the 4hr TF. looking for one last push down to respect this continuation pattern but also in extension to reach this lower trendline found on the daily/ 4hr TF.

TradersChoice_Kieran

After breaking through this huge daily/ weekly trendline the next obsticle was this resistance (now support) at 1.13200. after what we are expecting to be a retest on this level we will be placing buys ranging all the way to 1.15000. Working also from the 1hr and 4hr timeframes this set up equally shows bullish potential in all aspects.

TradersChoice_Kieran

With this pair we can see a huge double bottom on the daily/ weekly timeframes which correlates with the break& retest of the resistance which also happens to be the retest of the 200day MA as well as seeing the 50day & 200day MA crossing over. We have one drawdown within this potential channel so we can expect another one after this current impulse reaches the...

TradersChoice_Kieran

This has come across on all GBP pairs that we now have some sort of consolidation around the major bottoms of the charts. In this case with GBPUSD we can see a 4hr head and shoulders pattern forming and coming close to what is expected to be a breakout of resistance 1.275. We already have the 4hr 50MA being broken earlier which can give us this boost to reach out...

TradersChoice_Kieran

Short term buy after a retest of this broken resistance now support. if so then this should reach up to major highs and also filling in this rising wedge to then begin to show signs of any reversals. We will only sell once we see price break a few support areas and also this large pattern.

TradersChoice_Kieran

After constant testing of support level 1.256 we can see price finally breaking lower whilst still fitting within this downward channel pattern which should lead this pair to the major bottom level 1.24250. If so, this should give one last impulse within the channel pattern before any wave theory reversals can be put intact. Waiting for a retest of this...

TradersChoice_Kieran

After breaking out of this daily falling wedge pattern, we have this huge impulse nearly filling the range of the recent daily high before the start of this wedge. Far too risky to hop on straight away so were going to wait for a retracement as we know gold can be very aggressive with impulses, retracements, etc. Expecting some sort of harsh rejection from where...

TradersChoice_Kieran

Extremely messy pair recently with an unsettling sell off now reaching support level 1.812. price has created a major double top pattern so this support could be broken and head further only after confirmation. if the pound gains strength over the next few days we could look for a short position at this current resistance level 1.83 as we cant see any long term...

TradersChoice_Kieran

After a huge sell of with this pair maybe its time for a change considering the Euro is now gaining strength against most of its peers. after 3 lower highs and lower lows following this downward trendline, we could see a breakout of both the trendline and also resistance level 121.700. This could also break the 1hr 200MA (or 4hr 50MA) and lead up towards the 4hr...

TradersChoice_Kieran

After hitting a major daily/ weekly resistance, it seems as if bulls are losing steam from lower highs however this current support area is staying firm. Expecting this support to give in soon though, with validation from a potential MA cross between the 50 & 200 day MA's. if so, this should bring price bearish until we reach 50% fib of this overall impulse to...

TradersChoice_Kieran

Expecting some sort of consolidation within this tight range in regards to fundamentals between both AUD & EUR as these can be mixed results with both forecasting negative yet positive for different aspects. Expecting price to reach towards 1.604 before we see anymore buy sensitivity as aggressive as we have experienced during the recent uptrend before it broke....

TradersChoice_Kieran

After reaching resistance level 1.356 we can see price also reaching the top of this large rising wedge reversal pattern. Now coming back down and now also back in this tighter consolidation that price has recently been trading within for the past few weeks. Looking for this current support level 1.3377 and bottom trendline to be broken to then flow down and fill...

TradersChoice_Kieran

After finally breaking out of this major channel pattern since the start of the year, we can see that price has also broken this current resistance too. Waiting for a retest of the now-support level 1.12150 area to then go long and let the bulls take control.

TradersChoice_Kieran

expecting a retest of the recent support following a downtrend to break the channel