AUD/NZD broke the Daily trendline, it is now breaking the hourly trendline. I will be expecting more downside to come from this pair, therefore I am looking for a good sell setup. Trade safe traders - Pavel
NZD/JPY is once again hitting the Daily Support level. This is also the bottom. From here we have to wait and see if we get a rejection, or a break to the downside which would give us a sell setup. We also see the completed Head and Shoulders pattern (which could indicated more downside) but we have to wait for a full break. Make sure to leave your ideas in the...
GBP/JPY Broke a key 4 hour trendline and is now retesting it. It also just rejected the top trendline as indicated. Will be looking for a sell trade.
4 hour Trendline has been broken by AUD/NZD and we have also seen multiple resistance rejections at the top. I will look for a pullback before I enter a sell trade (for confirmation.)
USD/JPY hitting daily trendline. Also recently bounced from a key resistance level. Will be looking for a break then a retest of the trendline, or anyother suitable sell setup before I enter the sell trade.
GBP/JPY rejected the 4 hour resistance as shown in the chart. It also broke through the 4 hour trendline. I am currently looking for a retest or another form of sell setup before I enter this trade. If we break above the trendline the trade is voided.
CHF/JPY retested the Weekly Trendline and broke past the 1 hour trendline. Looking for a Setup to the downside.
NZD/JPY recently bounced from key support level with a bullish engulfing candle. I will be looking for a buy setup as this is a long term trade. If we break below support the buy trade is void and will be looking to sell.
We'll see how this goes. If we get a nice rejection I will be looking to enter a sell trade.
Awaiting to see what EUR/JPY will do. Could see a bounce or trendline rejection.
Im looking for a short term Sell on GBP/AUD. Clear resistance bounce and we also had a trendline breakout which is currently being retested.
Clear Weekly trendline break and retest, we have not had a retest and have confirmed the upside movement. Looking for a good entry.
EUR/CHF broke a key weekly trendline. We have to be careful to not get caught in a fakeout. Before I enter a Sell trade I will look for more downside confirmation.
BTC/USD is closing in on the triangle pattern. A breakout to the downside would mean further downside. However a break to the upside would mean we should see the value of Bitcoin appreciating.
EUR/NZD broke the top trendline. It is currently in the process of retesting it. Once the retest structure has been broken to the upside I will be looking to buy.
CAD/JPY broke an important trendline on the 4 hour timeframe. It is now retesting said trendline in the form on an Ascending Triangle, this gives me further proof to believe that we are expecting a large downside movement.
EUR/AUD looks like is bouncing from a major resistance level. Will be looking for sell trades, if it breaks to the upside I will be looking to buy.
Broken key Top trendline. Also at the bottom of key structure, hitting large support zone on the weekly.