Resistance break on GBP/AUD off strong support - up to the "left shoulder range"
gbp chf caught back in 4 hour trendline up to next 4 hour resistance
EOS USDT Possible Long If we get bullish price action above the trendline to the next support range
UBX ETH may be a nice long if trendline resistance break. It is at a strong support zone on the 4 hour and daily so it may rise from here once the downtrend channel break up.
LONG UBX On Channel Break And Daily Support ! Also there is a partnership announcement tomorrow.
GBP JPY has broken a 4 hour trendline resistance and zone; while it may retrace I see a potential run up to target from here on wave 5 of elliot wave. We have broken major resistances including 4 hour trendline and resistance zone and can run up hard in my opinion.
gbpcad rejection at zone with daily bear engulfing candle may be bearish sign for show to support range
GBP AUD bounced with 4 hour bullish engulfing candle from support zone
AUD NZD bounced off 4 hour zone area Now we rise after retrace 4 hour elliot wave
Aud usd seems to be having a wave 4 retrace. It also hit the 4 hour trendline and rejected with a bearish 4 hour engulfing candle; so I will be shorting this level to TP
After Break of trendline I believe chf/jpy will retest the support zone to find strength to bounce up to the next 4 hour resistance.
If the ascending channel break down i believe we go back to 4 hour support zone; where if we find support, we may start moving back up the larger channel to the weekly/daily resistance.
eur gbp can break out of the pennant and test the top resistance once again Right now from daily view we are back in the daily channel
After Testing Previous Support Zone On The 4 Hour Multiple Time We See A Wick Off the 4 hour candle at trendline support of lower end of channel and the previous support zone. The next movement expected with this bullish bounce from key area is the top of channel and possibly to the next 4 hour resistance high. After longing to TP 1 you may sell partial profits...
After a bullish engulfing 4 hour candle, we break above the resistance zone and trendline. On the 4 hour we retrace back to zone. Now we see a few 4 hour price candlesticks showing rejections in the area of our support zone and trendline support; so we have a long potential to the first 4 hour resistance while tp 2 would be higher to the daily resistance level range.
After breaking a trendline support audjpy has retested higher against the trendline and 4 hour resistance zone. Other indications of short include 4 hour stochasticrsi and momentum churning bearish at this level with additional confirmation of 4 hour bearish engulfing candle at this point. I will short for a minimum 1:2 ratio .
USD CHF broke the 4 hour channel to the upside. Next we see a retrace and bounce off 4 hour supportive trendline and support zone . I will target for price to move up to the next major 4 hour resistance zone as my main target. TP 1 marks the 4 hour resistance level which will be our first sell point and to go risk free on secondary positions. Then I will target tp...