raegenius
long opportunity once candle closes above trend line support.
USDJPY daily inside bar breakout. Just watching this for demonstration purposes.
NZDUSD is making gains following a good jobs report. Looking for breakout to the upside @ 0.6560 or close above range.
CAD has been gaining gradually on USDCAD. Entering short aiming for trend channel low.
GBP has been bearish and is now consolidating in a channel. Entering short at top of channel targeting 1.4313
AUDUSD broke strong support at 0.6900 going as low as 0.6827 and is currently rebounding from that low back above 0.69 level. Looking to enter short when price suggests that is ready to resume the downward trend.
GBPUSD forming new low, going short. The pair has been generally weak and we are going with the trend.
Despite significant downward strength the bears were unable to let prices clear trend line support. Entering long with stop below spike low.
Entering short below daily close below trendline support. Stop placed above trend line at 120.65.
horizontal support coupled with pin bar on hourly chart gives the inclination to go long, however noting the overarching downtrend of the EURUSD and a possible break of the diagonal support being setup here with a doji on 4hr chart, there is also an inclination to go short. Looking to take short focus below 1.0935 with a TP of 1.0910 and SL @ 1.0952 staying flat for now.
AUDUSD has faced multiple rejections at 0.7245 and has once again risen to that level and failed. TP: 0.7222 SL: 0.7255
NZDUSD finding resistance @ .6800 long term trend line, NZDUSD has shown weakness breaking below trend long term trendline. After the play out of a double top formation (angled) price failed to break 0.6800 on the retracement. Going for TP 0.6761 with SL above 0.6810
GBPJPY breaks strong support area around 180.30 and still showing signs of weakness. Entering short with SL above 180 and TP about 178.75