WFFX

WFFX

Another interesting set up, EURAUD Long. Formed a higher high last week and pulled back to previous structure which acted as resistance now turned to support. Waiting to see how price reacts and see if we get a reversal candlestick pattern at this area of interest.

WFFX

Morning everyone, quiet Monday for me but couple of potential trades today. New higher high and higher low, so we could see further upside to test or even break previous highs. Something on my watch list but we'll see what happens and how price reacts as it comes down. Higher time frames are bearish so something we don't want to be fighting with. If it doesn't...

WFFX Updated 

Afternoon, just getting together my weekly watchlist and this setup I am quite interested in. Messy chart but I've tried to visually label points I look at and pick out price action cycles in terms of impulse and consolidation and the next impulsive move. EURAUD Long, last week we printed a new higher high, which is my reason for looking for further long...

WFFX Updated 

Lets see what price does, just a possibility which we can plan for, we have a nice higher high being formed, price could push straight up from here. But my preferred option is to wait for the pullback and continuation of the bullish trend. If you also go across to the DXY we have a clear downward break of the pennant pattern and also looking for a pullback and...

WFFX

Evening everyone, rounding up a great week with it fast coming to an end, few opportunities I see, look like there going into next week, which looks like its playing out to be another big week. Little break down of what I look for in a trade, again looks messy but labelled points I look for, building up confluences and cons of a trade. Obviously this one not...

WFFX Updated 

EURUSD Short: Chart looks a but messy but I've labelled key points. Just waiting to see how price reacts with the downward trend line. Wanting price to slow down as seem to pick up bullish momentum this morning, looking for potential hourly/4 hourly candlestick reversal pattern. Confluences: After the break of the counter trend line we printed a 4 Hour lower...

WFFX Updated 

We have price on the daily forming a lower low and a lower high, price comes back up to form a double top, and again makes a move to the downside, looking for further downside movement. Confluences Double top Break of trend line Daily lower low Break of daily and 4 hourly 50ma Awaiting 4 hour close

WFFX Updated 

Potential head and shoulders on eurnzd, will price break the first area of resistance and retest previous highs?

WFFX Updated 

USDJPY is in a bearish trend, we're looking for further moves to the downside, we're still above the hourly and 4 hourly 50ma. we may have formed a head and shoulders, looking for price to retest previous lows. Confluences - daily lower low daily evening star showing bearish momentum head and shoulders break of counter trend line

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Break out of upward trend line, price has been in a bearish market for a while, seems to be a nice short trade down to previous lows with tight stop loss

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Price has broken out of the upward trend line and printed a lower low, and looks be forming an equal high, i am anticipating a move to the downside, to retest previous lows. Awaiting candlestick reversal pattern confluences - Double Top Lower low rejection of higher time frame downward trend line I don't like however that price is above the 4 hourly 50ma and so...

WFFX

Keeping an eye on EJ as it broke out of the upward trend line and has again retraced, I am anticipating price to form a lower high at a key fib level and again head to the downside to retest previous lows or to continue further to form a lower low and continue the bearish trend. Awaiting reversal candlestick pattern.

WFFX

EURGBP we can see price on the daily has printed a new higher high and is consolidating forming a descending flag, I am anticipating a bullish break out, targeting highs at around 0.94300. Once I see a clear break of the downward trend line and price has stayed above the 4 hourly 50ma it is my signal to buy.

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On higher time frames, we can see a break out of the downward daily trend, we've now come down to retest the daily 50ma and the 0.382 Fibonacci level, looking down on to lower time frames we can see the hourly we have broken upward of the trend line plotted an equal high and coming back down to print a new higher low which could be the formation of the right...

WFFX

We have an area of previous resistance, which price has now reversed off of, price has now broke and closed below the upward trend line, with large bearish 4 hourly candles, first targets would be at previous lows around 1.269.