memit

memit

Potential long on this pair. Price on the daily made an impulsive bullish move out of the daily/weekly trend-line and is now printing a correction back into support. This looks like it may be a complex pullback on the 4-hour so I am expecting one more leg down before it goes up. TP1 and TP2 are marked and based on daily resistance levels. I'd look to enter this on...

memit

Potential short on this pair. Price made a new low on the daily downtrend and has now corrected back into a nice area with lots of confluence.

memit

Potential short on this pair. traingle developed on the 4-hour so will look to see if we get a clean break and close of it.

memit

Not sure about this trade. It looks like its setup nicely for another move down as price has retraced into resistance and is now printing indecision candles at this important level. Plenty of room for a 200pip move down. However, I am not keen on the large rejection candle on the daily and how the previous weekly candle closed. If I take this, I'd wait for price...

memit

This is a potential long trade. Price has bounced off a strong weekly trend-line and is now making a correction on the daily daily and a 4-hour bull flag. I will look to go long on a break and close through the 4-hour trend-line.

memit

This is a potential short on the USDSGD. Price on the daily broke out of a long term channel and had made a new low. A bear flag is now appearing on the 4-hour. Will look for a break and close of the bear flag on the 4-hour for entry. The curving on the weekly/daily is a sign of weakness to the upside.

memit Updated 

Price has printed a triangle on the daily after breaking through a strong weekly trend-line. I will Look for to go short on further bearish momentum. TP targets are marked with dotted lines.

memit Updated 

This is a potential short on the AUDSGD pair. The daily/weekly is in a very large bearish channel/wedge pattern. Within this structure, price has bounced off the top with strong bearish momentum and is now making a nice pullback into support and the ema's. The manifests as a bear flag on the 4-hour. I may look to go short on a break and close of the 4-hour...

memit Updated 

This trade is similar to the AUDSGD one I posed. This is a potential short opportunity, price on the daily has broken the weekly daily/weekly trend-line and has now made a pullback into resistance/emas and trendline- a lot of confluence here. It looks like a rejection candle is in the making but we will see how it closes. There are a few of these AUD crosses...

memit Updated 

This is a potential short on the CADSGD pair. Price has broken below a significant trend-line on the daily and has now printed a symmetrical triangle continuation pattern. Price may break out of this and continue down

memit Updated 

This is a potential short on the CADJPY pair. Price has broken the daily/weekly trend-line to the downside and it now retesting it as resistance. The 4-hour shows this as a nice bear flag. I will wait for price on the 4-hour to break and close below the 4-hour bear flag before entering. TP would be at at the dotted line.

memit

This is a short off of a daily swing level where an inside day candle has been printed. Price has just broke out of the inside day candle in the 4-hour so it may drop from here. Looking for a measured move objective down to support

memit Updated 

The CADCHF is in a massive weekly triangle. Within this, price on the daily broke out of its own triangle to the downside and has now made a 3 candle pullback into the MA and resistance. On the 4 hour this has manifested as nice bear flag. It may go down from here and has the potential to hit the lower weekly trend-line.

memit

This is a long trade on teh NZDCAD pair. Daily is in an uptrend and respecting the trend-line (that I drew on the daily chart). Also this is supported by a strong horizontal S/R line which it is now testing from the upside. Daily has printed a bullish engulfing candle and if it stays like this at the end of today's daily candle close then this would be a valid...

memit

This is a potential short on the USDSGD pair. A lot of confluence here. Price broke out of a channel which has been intact since June this year and is now printing its first pullback into the trend-line and some horizontal support. The 4-hour looks like its printing some form of double top. I may go short on a break of the inside day candle on the daily (Orange box).

memit

This is a potential long on the NZDJPY. Price on the daily broke out of the weekly trendline off nice bull flag and now retesting that trendline as support. The daily chart is printed an inside day candle at this level which manifests are a pullback on the 4-hour. I may look to go long on a break and close above the 4-hour trendline. I have a set a conservative...

memit

This is a potential short on the GBPNZD. The daily is testing previous support now resistance. An inside day candle has been printed on the daily at this very nice level so I may go short on further bearish momentum (break of that inside day candle to the downside). Take Profit is a measured move objective into the next level of support. Only thing to bear in...

memit

This is a potential short on the GBPJPY. Price on daily is in a downtrend and has now broken below trendline support. An inside day candle is now being printed just below it (as marked by the orange box). Price could break to the downside from here and next level of support is at 140.445