3 areas of support as well as fairly strong resistance for EURUSD this next week. If EURUSD breaches the 1.21 key level then we will be looking for a retest before placing a market buy. If EURUSD rejects the 1.21 key level then we will be looking for more bullish/bearish confirmation on the direct of the market. If EURUSD (unlikely) drops below the ...
3RR trade easy trend continuation on GBPJPY here. The yen is strengthening at the moment and we could see it move even to 148 flat.
Lovely 3RR setup here with only a 10 pip SL. Should be an easy trade here but weekend price gap and news might mess this up so be careful entering trades on fridays.
1h Falling Wedge on USDJPY. Looking for it to bounce from the descending lower trendline OR a breakout and retest for activation of a market order.
Waiting for confirmation, breach of support or retest of ascending trendline. Once we see confluence like breach of support or a retest of ascending trendline we will be looking for a long or short opportunity.
Simple breakout. Looking like a lovely 2RR long if it breaks out and stays out here.
Price is being squeezed between this forming trendline (based on pivot points) and a strong resistance level. Looking for price to show a movement, breach the resistance and retest OR break the trendline and go from there.
Pennant is forming on the 1h timeframe. Will be waiting to see where price is going to go. After being in consolidation for a while and with 2015 highs of ~130, I feel like price has no reason to push higher, but we will have to wait and see.
Coming to what should be the end of an accumulation period and likely continuing into a bearish movement. Looking for possibly a few hundred pips here as we move down to possibly 1.35 at lowest.
4h Range, bullish resistance Same on 1h time frame Same on 15m time frame Triple time frame analysis with all the same conclusion. This is a bull's market - looking for a quick 80 pips here while trading in this range. Always use good risk management.
Double Bottom Forming Second key level @ +200pips Strengthening 1h Momentum I'm long on this one. Too early for official entry, waiting to see bullish confirmation for the double bottom.
Ascending triangle about to breakout. Will post another soon after breakout.
Strong Daily Support Multiple Areas of Value Probable bull run from daily support up to 4.5RR/200 pips Buy limit set at the daily support with SL just underneath the key area of value. TP up at 200 pips.
Looking at a pretty recent 1h support on the GBPCHF pair. Bull resistance is basically nothing, there is no reason for it not to bounce up from this and squeeze out some easy pips. 3RR for me here
EURGBP looking bullish, hoping to bounce off of this support. Should be some easy pips here for bulls.
Resistance turned support on the lower end, looking for price to bounce back up. Exotic pair with high volatility, be careful when trading exotic pairs.
Looking for a quick 60 pips here as EURCAD bounces off of this support. 2RR.
Resistance from the past week is looking to push UKOIL to the downside.