Downtrend has turned into a triangle. Will need to wait and see if it breaks lower
I previously noted this area for a potential EURUSD long. The market has retraced to the zone, however, it's Sunday evening before London open. So good to avoid.
Lower highs and lower lows. Possible to look for a short if the market retraces to the key level.
AJ showed a double bottom. If market can retrace to 7660 area, may offer a decent LONG risk/reward scenario
IF the wedge continues, NU might reach a decent area for a LONG trade that offers good risk reward. *** This is only valid if the higher lows continues and offers a decently small area to put a stop loss below. However, there is some concern as there was a double top. We will have to see if the pattern emerges
If UJ retraces to a key area a short trade can offer approximately 1.5X risk/reward. A more conservative entry is to look for a confirming pattern on a lower timeframe (e.g. 15min) once the market retraces above 101 even handle
If market can break through some resistance on the 15min; the H1 shows a possible long
Didn't continue the lower low. Possible to make a long trade with stops below recent support
Decent risk reward on NU short. However, with a rate decision coming up...I'd rather avoid
Looking for a long in AU, but not until it pulls back to this zone
If looking long, I'd wait for at least this zone and a 1.3 reward to risk. The blue zone is previous resistance, so there is limited upside.
NFP tomorrow, so I will probably pass up on this one..
UC retraced to resistance area
Flat highs and broke previous support. Moving back to a previous area of resistance. Possible decent area for a short that offers OK reward/risk
Double top, look for dip below support with subsequent retrace
Retraced back to key area 2618 on wider timeframes
Possible that after 7 consecutive red bars we find some support for a bounce