Changing my previous idea and will be looking for it to test the high as shown before entering a mammoth sell.
Really like this set up, Good structure retest, overall downtrend, and around EMA area.
Nice little trend trade with rejections for continuation
Daily has retested high of previous move and is rejecting, 4 hour is holding above 50EMA, hourly candles are doing a bullish move. Got stung on this pair yesterday after almost hitting TP but I do believe it will now hit the target level at minimum
Daily has formed double top so looking for short term sells.
Nice trend correction on USDCAD and hasn't yet hit upper target.
Breakout retest and hold on 4 hour time frame. TP is conservative.
4 hour is rejecting from 0.38 fib level and forming a possible lower 2nd top.
Daily time frame is looking bullish and this ascending wedge formation will likely break upwards.
Market is looking like it's getting ready to break upwards on daily and 4 hour time frame. 1 hour has an ascending triangle forming. Hourly 50EMA might be the level it has the reaction from.
Possible H&S forming, think it has finally found a support level for now.
Bullish breakout and correction, believe the bullish movement will continue from the hourly 50EMA. It's already had some rejection candles from this area showing signs its found support.
Currently correcting in an uptrend, clear support good opportunity for buying. Target to double top.
Although GBP pairs have been really bearish, they are now due a correction. bullish movement on 15 minute time frame.