I'd like to see it come back down to this level before we make an entry on a buy. Waited a few days for this so lets make it worth it!
so following on from my previous post, i had higher expectations for the pair. after re-evaluating it i think it still has more room to come down before heading back up again. using the fib retracement and our EMAs are getting close to crossing over i now think that when it reaches the zone i have put in we should see some sort of reversal happen.
i think we will see it react here well enough that it pushes on up again before coming down harder
Seeing if there is a reaction here and looking for a buy position.
Clearly falling down now, heading towards another major support line. Waiting for a pullback here to my golden key level to enter in a sell position for a potential 1800 pips! This will be a longer term trade, holding most of the week if needed.
Are we still in an uptrend here? Will we see another push to previous highs before coming back down?
think it might boune here and head up great r/w
Still in an overall downtrend as not made new highs yet. Looking to see it come back off this key level I've added and continue the downtrend.
After seeing AUDJPY in an uptrend since the last week of April, we've finally broken through and now bouncing right off the trend line. As long as it breaks the previous low we will enter a short position.
This is the 4 Hour AUDCAD chart and after a recent up-trend we have now established swing high and swing lows. We're waiting to see confirmation of a reversal around the golden zone.
Can we get a bounce off the current support line here? After seeing it break the previous trend line, pull back and re-test it we fell into a downwards trend. Now we're looking to catch a nice bounce off the support created previously, or a breakthrough and another pull back.
Here we have AUDCAD in an uptrending channel. Bit late posting this, but can also re-enter on the pull back to the support line.
CADCHF is within an upward channel. Recently reached the resistance line, broke thru before coming back down fast. Now we're seeing a rising wedge formation and expecting it to break below to the bottom of the channel.
Here we are looking to see a potential reversal back down as we see it break the monthly resistance and breaking back down below it. We're now testing that still as resistance.