pipsqueak316

pipsqueak316

Order entry short on NZDUSD at 0.70905. Last weeks Big Shadow close on weekly TF suggest further move to the south. Price has broken below .711 daily Support level and is now showing signs of resistance which makes this a good time to short.(if trade is triggered at .70905 RR 1.25 We also have confluence with EMA and MA indicators.

pipsqueak316

Price was rejected heavy from .75904 weekly resistance is on major downtrend.

pipsqueak316

Daily close on USDJPY suggest Bears are in control on price. 103.40 level was once support on 1H is now showing to be resistance. Used 4H time frame to select target. Makes for a 1:3.2 RR

pipsqueak316

Though scalping isn't really my expertise, I have been experimenting on the one hour time frame, using a daily bias. strong daily close yesterday suggest some temporary bullish activity. 1.2255 level was oncer resistance one hour and is now proving to hold as support. Longing with a decent R/R . Wish me luck

pipsqueak316

I am currently Long on AUDUSD. It is coming down to retest previous resistance level and indecision candle lead me to believe this level will now be treated as support. Also coincides with uptrend. R/R 2.4 - Goodluck Traders

pipsqueak316

GBPCHF has pulled back to retest Daily S/R Line. It is showing good price action on 4 hour chart. R/R 1: 1.75

pipsqueak316

I think AUDNZD i still bearish for the next couple of days.. Double bottom in Red suggest downtrend could be over soon, but it has faded pretty well from this area in the past and now with daily trendline confluence we should get more sellers. Resistance line held up pretty last time so we could get a nice sell off. R/R 1 : 1.5

pipsqueak316

EURCHF is retesting Daily chart resistance line that is now support. It is now on an uptrend (see HL and HH). RR 1:3

pipsqueak316

I have see some major rejection of this support level in the recent past which indicates price may fail here and drop down. I'm doing a entry order here at .69269 . Stop lost andtarget are shown above.

pipsqueak316

Indecision has formed on top of support a bearish trend. Setting target kind of low due to heavy consolidation the graph showed on the way down in the .973~~ Area. Stop loss and target are seen above. This is an order entry.

pipsqueak316

Bears seemed to have lost momentum and a indecision candle suggests possible bull power. Setting up order entry to enter at 158.197 (a higher high off the indecision candle. Target and stoploss can be seen in chart. Hopefully this trade triggers and completes.

pipsqueak316

Overall downtrend since mid February. Indecision formed on level of resistance. Lower high and lower lows indicate bears will take over!

pipsqueak316

I believe we are at a pivotal moment for the AUDUSD depending on the next 1 or 2 candles. The yellow line above was a major support level in the past for the head and shoulders pattern and was also validated a few more times after that before break at the neckline. If price stays above this neckline in the next couple of candles, I predict the AUDUSD will...

pipsqueak316

I believe we are at a pivotal moment for the AUDUSD depending on the next 1 or 2 candles. The yellow line above was a major support level in the past for the head and shoulders pattern and was also validated a few more times after that before break at the neckline. If price stays above this neckline in the next couple of candles, I predict the AUDUSD will...

pipsqueak316

I'm bearing on the AUD/JAP based on the double top that formed on the daily chart. The recent spinning was followed by a weak candle which leads me to believe its going south. Stop lost is placed just above double tops peaks. Target 1, 2,and 3 are place on graph. Target 3 was chosen based on consolidation that was shown previously around the 81.00, also it a...