a really really nice trade already formed right here. we have hit Fib 382, held and looking like a nice drop to come. Shall be opening a position here when the markets open. candles are also in perfect formation on the 15M TF.
I can see a nice pattern forming on this pair. a little resistance is now showing, with the possibility of a small exhaustion on this current down trend, then a push to the downside which will see me take a short position.
We can see here a few resistance lines appearing, we have gone way beyond .382 fib so the retrace on this is perfect - would like to see a little more of a pulldown before i look to take a position.
This pair has broken the rising wedge pattern support line. we will now look to have a Retest, exhaustion, then go in for a long if all plays out.
This is already a perfect Setup, taking a very bullish movement. we can see the support level has been tested twice, it hasn't broken through, i will wait for a small exhaustion before i take position on this pair, but looking like a very good setup.
Looking at NZDAUD i can see the trendline is acting as resistance right now - a possible short forming if trendline gets tested and a rejection to the downside. Will keep an eye on this pair over the next few days.
I can see a short forming here, looks like we've had a good short already, and now pushing a small rejection at this level. Hoping to wait for the exhaustion to happen - then hop in for a nice Short.
After a really good Short which we managed to milk some good profits from... i can now see an exhaustion happening! Hoping to continue to the downside to our current support levels - before going in for a long!