gibbsys

gibbsys

Trend: Bearish (short term) Structure: Support & Resistance Plan: We look for AUDUSD to rebound off of the current resistance level. We await candle close in 15 mins to see if price respects the resistance level, if it does then we look for price to fall to previous low

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Trend: Ranging Structure: Support & Resistance Plan: We look for CHFJPY to respect the lower support level and make a move towards the 0.618 Fib Level.

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Trend: Bullish Structure: Support and Resistance Plan: We see price bounce off support, we now expect it to continue the underlying bullish trend and move up to possibly the 0.618 Feb level (dashed line)

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Trend: Bullish Structure: Resistance levels Plan: we expect price to fall back to support levels then retest and either break lower, in which case we leave the trade, or respect the support level start to make a bullish move and take a long up to resistance level

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Trend: Ranging Setup: Support and Resistance & Ascending Wedge Plan 1: We expect price to continue to fall to a support level (green line) and reverse to previous high, alternatively it could break out and move towards an even lower support. Plan 2: We expect price to fall to the lower trend line then either break out and continue to move towards support level...

gibbsys

Trend: Bullish Structure: Support and Resistance Plan: We look for price to fall to either of the support levels shown on the chart then to continue its bullish momentum to resistance on a higher timeframe. Alternatively use Fib levels as a TP

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Setup: Support and resistance retracement Sentiment: Bearish Trend: Bearish Expectation: Price to bounce of previous high resistance level and move down hitting various support levels with a possible move to previous low or continuing the bearish nature and moving lower.

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Structure: Parallel Channel & Support and Resistance Trend: Bullish as price > 100MA Expect bounce off support and move toward upper channel

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Structure: Support and Resistance breakout, re-test Trend: Bullish Comment: Price has broken out of long standing resistance levels (black line) also retested and confirmed breakout. we now look for DMI confirmation before taking a long until psychological price level of 0.71000. Also if you want to look into candle stick analysis we see a few bars of...

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Trend: Bullish Structure: Parallel channel We await confirmed bounce off lower trend line before taking as long as it is possible price breaks out and re tests support However overall uptrend suggest a possible continuation of bullish momentum to the upside.

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Analysis: Breakout of trend and retest or breakout of resistance (green line) and retest. Trend: Bullish DMI: Possible bullish confirmation Price action: we expect price to move upwards towards support and resistance

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Structure: Parallel Channel Trend: Bullish RSI: <40 DMI: Awaiting Bullish confirmation Moving average: Possibly bounce off of 100MA to the upside.

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GBP NZD 1HR Trend: Bullish DMI: Awaiting Bullish confirmation RSI: <40 Setup: Wedge, we look for a breakout to the downside then hold until support zone or we look for price to respect lower trend line and break towards the upside

gibbsys Updated 

H1 - Upwards trend to the market, possible secondary entry as it bounces off lower parallel channel line. We expect price to move towards upper support and resistance

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We have identified a rising parallel channel that has multiple tests. Along with an inner channel/trend line. Look to take a long up to the inner channel line (blue on chart), we then would expect it either to respect the trend line and move lower or break upwards to pervious highs/upper channel line.

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CADJPY possible long scenarios represented by the coloured arrows. Scenario 1 (Green Arrow): we see a wedge pattern where it bounces of lower boundary to then make a move to the upside breaking out to resistance at 83.000 (psychological price level). Scenario 2 (Blue Arrow): We see it break upper resistance (Black line), retest then move towards 83.000 Scenario...

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Upper slopping channel identified on AUDCAD. Possible quick scalp like trade here with a Risk to Reward ratio of 1:1 not ideal but as TP and SL are reasonable close to current price so the possible loss is somewhat limited. Price could respect lower parallel channel line and move towards previous high or upper trend

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Upwards sloping trending channel setup on GBPCAD. Look for price to fall to lower trend line then move upwards towards upper resistance (black line)/upper trendline.