We seem to be done with the pull back and I am now expecting a leg up.
Gbpaud has been in a downtrend for the past couple of days. A bear flag has been spotted and we will be looking to sell the breakout and swing to targets on the next demand zone. Trade with care.
A corrective structure on Audusd. A breakout is anticipated on the rising channel and so on.
Retest of a previously resistance area now turned support.
Await a break below blue box and retest to enter the short position.
Retest of broken TL and pin bar formation on the TL qualifies this short trade. Looking closer this could be a head and shoulder pattern with the right shoulder being incomplete.
Looking to go long at the break of the handle/channel
With oil anticipated to fall and due to negative correlation between this pair and oil , we MAY expect a rally. Await a strong buy signal.
THIS LOOKS TEXTBOOK LIKE LONG.GUYS WHAT ARE YOUR THOUGHTS ON THIS PAIR?
A few couple pips off gold short. Is there a reason why this trade wont work out?
THE USDZAR IS SHOWING AN ASCENDING TRIANGLE AND A BREAKOUT IS SPECULATED TO THE UPSIDE IT IS STILL YET TO MAKE A NEW LOWER HIGH. WHAT ARE YOUR THOUGHTS? YOUR ENTRY SHOULD BE AFTER THE BREAK OUT OF THE TRIANGLE HAPPENS. FOR AGGRESSIVE TRADERS YOU CAN GO LONG. SAFE TRADING TRADERS! ChserTeam
The EURUSD short I anticipate for the week. I will be looking to go short @ 1.12130 after a confirmation a bounce/pull back @1.12140 and my target @ 1.10165 with my stop loss @ 1.12180. Lets see how it pans out.