Price has reached a monthly trendline. I'll watch the price and its reaction for further trading decisions!
Let's see how price reacts within this triangle. I'll wait for a breakout for further trading decisions!
Possible short setup if price accept the resistance!
Doubletop on the daily timeframe. Also price touched a weekly trendline and resistance zone. Maybe we see the price drop =) Note: This is just an idea. Always analyize the markets by your own!
Price reached a monthly resistance zone. If this zone is accepted the monthly Doubletop is valid. I'll wait an see how price behaves in the next couple of weeks!
Price move in a daily rising Channel. I'll wait for the price to touch the monthly resistance line.
Price build a weekly pennant. Price now touched the upper line. I'll wait for a clear signal on the daily or M240 timeframe to enter the pair short or long!
Price hit a monthly Trendline and a weekly resistance zone. The daily timeframe build a doubletop. Red rectangle shows my SL and the green ractangles possible profit targets. Always remember to analyze the charts by your own!
The daily timeframe build a pennant pattern. I wait for a clear breakout fo further decisions.
GBPJPY build this nice pennant. I'll wait for a clear breakout to see where price is going.
Price touched a nice resistance area. I'm looking for an short opportunity around this area
Price hits a monthly resistance from March/April 2015. Let's see how price behaves in this area.
XAUUSD Price hit a weekly resistance zone and trendline. If price closes below 1216.42 the daily trend would switch to downtrend. RSI shows a nice divergence.
I'm looking for a short setup in one of the retracement zones. Until we hit the weekly trendline I think we are short. At the weekly trendline I'll look if price bounces back or if price make further lows. Depending on that I'll look for long or short opportunity at this level.
Waiting for a short signal in the keyzone.
Here is a simple idea on the EURJPY. After a strong impulse price builds a Flag. I'll wait for a decision on the lower trendline.
After an impulsive downmove the price shows a bearish flag. I think we could see another touch of the upper resistance level
Wait for a decision at the last support. If price breaks support, an impulsive downmove seems possible. If support is accepted, further upmoves are possible. This is a analysis from our OGT Forex Morning Briefing on Youtube (in german).