Price is currently moving within an ascending channel which has potential to move higher to create a 3rd touch of the channel at the physcological level of 1.119 before the bearish run starts. If price is unable to break above 1.0935 then I will look for a short entry to 1.04 range. Follow your trading plan and be patient. Share your opinion on this pair by...
NZDUSD is trading at an area of interest which we are currently in a bullish trend. A short term consolidation is needed to complete a potential bullish continuation structure or we may just breakout upwards of the neckline as we have Inverted H&S pattern in completion. I personally expect short term growth of USD before continuing the bullish trend. Looking...
Price action bearish, looking for next impulse phase down. Thanks Trade Safe
Sellers are failing to breakout of a developing Ascending channel. We could see price move to top of the channel for a higher probability sell. Trade Safe Thanks
EURGBP has been shaping up for the next bullish impulse phase. Price impulsively broke out of the HTF reversal structure and made a bullish continuation structure to tell us more growth is possible. Thanks Trade Safe
GBPJPY is currently trading within a developing structure which we could see a push down to create another low. Price has failed to break above 161.200 range multiple times which we should see bearish price action form for a sell opportunity. Recommend short term selling to 155.6 range. Thanks Trade Safe
Price made a double bottom and impulsively broke out of a expanding structure which we have now seen a LTF correction give us a buy opportunity. Thanks Trade Safe
Buy Setup ▪️Strong Impulse breakout of Wedge Pattern ▪️Buy entry after pullback from 98.00 area Sell Setup ▪️Bearish Continuation ▪️Short from 98.00 area to previous lows for next impulse phase Leave a comment below and share your opinion. Trade Safe Thanks
Price has retraced to top of a correction indication we should see further downfall. We had a strong impulse downward from 1.57 range which a bearish continuation is developing. Price is correctively moving back up to the top structure for a good sell opportunity. Trade Safe Thanks
DXY has been tanking recently due to less then expected NFP news. We can see a trendline being respected since June 2021 which we are correctively moving down in a descending channel to indicate a potential reversal is coming. Look for buy opportunities only if all your entry criteria is met. Follow your trading plan. Thanks Trade Safe
AUDUSD had a strong breakout of reversal structure which we can expect further growth in the next coming days. I will wait to see if we get a correction to confirm a buy entry. Thanks Trade Safe
Price action is shaping up to give us a reversal for a long entry. Keep an eye out for buy entry if all your entry criteria is met
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Price was unable to keep the momentum pushing any higher instead we had a strong reversal which we had a nice pull back for a sell opportunity. More bearish price action expected. Thanks Trade Safe
Looking for a sell opportunity around the 99.30 range. Price is correctively moving towards an area of interest which could see react to a double top. Look for an entry that fits your trading plan. Thanks Trade Safe
Less then expected NFP data brought the price back to a critical area of interest to catch the next bearish impulse phase. Keep this one on your watch list for next week. Share your view on this pair by leaving a comment! Thanks Trade Safe
Price has on the downfall for quite some time which shows sellers were in control. Looking at the current price action, we can see there is much more room for further downside, however buyers are getting active and we might see price breakout of the correction and head north to regain some ground. Best to wait for confirmation and find an entry that suits your...
Price action is indicating a reversal may be coming soon. Currently we are moving within a descending channel approaching a double bottom area which we may get a buy opportunity if confirmation is met. Thanks Trade Safe