Potential rising wedge pattern in 4HR chart. Stop loss of approximately 20pips with a 1:10 R:R targeting 4HR order block
Technical and Economical Analysis Aud/jpy to go long after economic news on Monday. Target 1 is 50% of previous days range with a stop loss of 30pips. Target 2 is previous days high. This pair was in a consolidation period before NFP on friday sent it short. I expect to see the price return the the first long candle before the short.
Looking for a rejection off support level and momentum to the upside to meet and break the trendline, targeting next area of resistance.
Hoping to see a rejection from the support area to continue up to the trend line and hopefully break out to the upside to the next resistance area
Hoping to see a breakout to the upside from the wedge the price is currently at.
Expecting a rejetion off the 200 MA to continue on an uptrend
Rejection off support level, Hoping to regain momentum after news last week.
broken through 200 SMA and retraced. Fibo levels to determine stop loss and take profit levels.
Broken Bearish Trend on 1 Hour hoping to see a continuation to the upside. Broken 200EMA Support.