Could be looking to complete another high complete a double top on the daily to the 11889 zone.
On the H4 we look for buy opportunities on the upward trendline.
We look to follow e white line and ride the market both ways. First we see a break and retest to trendline 1., nice scalp, next stop we look to short the market on the daily trendline 2. ,should we get the reversal at best a double top to the 0.98908 resistance in confluence with trendline we look for short opportunities.
Weekly buy setup with previous weekly bullish engulfing candle reversal on te 126.994 support. We looking for a retest o te lime green weekly trendline en entry long following white line.
Sell opportunity on H4. this trade can be looked at in couple of different ways. Firstly we see a trend line breakout a short consolidation channel and a reversal doji close on the 1.64175 resistance. We looking at a shorting @ current price or @ "entry level 1". post retest.
Late post on this. Trendline breakout. Either look for a reasonable retracement on the lower time frames or wait for the break downwards and retest to the 95.504 zone and enter short heading for TP.
ON the EURGBP we a possible short reversal. On the H4 we see a double top forming on the 0.92609 resistance. Two options here we look for perfect entries by entering on a sell if we see a failed break to the upside(we are looking for a doji, or evening star close on the h4, say around 19:00Cat we look for short opportunities. For a safer trade and better...
Looking for a third touch to the upward trendline then maybe a retest to the 1524.378 resistance then a short entry swing trade (Following the White line). Following green we see a short trendline setup so should they fail to break to the upside and validate the analysis will be looking to hold in expectation of a breakout heading for tp 4.
GBPJPY Showing signs of reversals. We see on our weekly chart that Price is trading around a support zone and along our Monthly upward trendline. On the H4 we see price tried to break the 128.122 support and is going at it for the third time (Confirming a triple bottom). Should they close above the 128.122 again on the current H$ candle that started at 15:00CAT...
Late post on this. Trendline breakout. Either look for a reasonable retracement on the lower time frames or wait for the break downwards and retest to the 104.655 zone and enter short heading for TP.
