USDCAD waiting for breakout of Triangle Pattern. currently consolidating 3 ups and 3 downs. wait for confirmation
helpful tip; avoid getting in too early due too possible false breakout. wait for a candlestick pattern and retest. patience patience
**in my Opinion** AUDUSD LONG Reason Below.
Fib retracement .618
-Broke major downtrend line
-Currently retesting backside of broken trend line
-Bouncing off of 200 SMA and 50MA
-Hitting previous support
**in my opinion. audusd is in a bearish trend still and hitting an down trendline for resistance but has a uptrend line that has been tested 2 tines and could hold up again. Fib retracement is perfectly @ .618 retracement. waiting for additional info too ride down too .68154 area. **Helpful Tip; fib retracement strategies can help you discipline your entries by...
** in my opinion for USDCHF; Waiting on wedge too be broken too upside or downside. right now its looks to be in a rising wedge. but the RED LONGTERM trend line has held up 3 times and very well hold up a 4th time, on the other side; white Long Term trend line has also been tested 3 times and could hold up for a 4th before break out. expect too see alot of...
** in my opinion: looking back on UsdJpy/ personally i will not touch this pair until a break occurs on monthly time. for me it is too risky too fight with the small ranging and consolidation, easy way too blow an account will look on daily or weekly time frames for entry/ but will wait for monthly too break out first; maybe even a retest Good Luck!
**in my opinion** EurUsd is currenlty in a small Bearish Channel, could break out for either side. Key Idea. On this Monthly chart. it is currently in a really big wedge; therefore i will be waiting a while on Eur/Usd too take advanatge of the Big break it could potentially have too the upside or down side. Helpful Tip: Bigger times show bigger picture:D
Broke huge counter trend line; 15 min chart hitting resistance; at the major structure level of support and resistance in the past; like even bounce off of the REDA TREND LINE and stay In a range. profit too 1.31118 @ an area of previous recent support. Taking it bearish or now. GOOD LUCK!
**in my opinion** AudUsd inside a channel, broke down trend line bullish and coming back down for retest. around the .618 fib retracement. Will enter Buy based on any type of price action signal;ect. Risk 1:3 **helpful tip; channel is in uptrend. :)
*in my opinion*
Looks too have broken then neck like in daily inverted head & shoulders pattern. Neckline has been broken, waiting for retest and probably and candlestick pattern for entry. Hopefully will break too the outer trend line (blue) and eventually break too Long Term trend line (green) and **helpful tip** look at weekly stricter levels of resistance and...
inverted Head and Shoulder pattern? Peak ting for confirmation on neckline break too the upside. (Big could be hitting resistance where it’s at. So wait for your rules based strategy to go through 100%)
