cadjpy @neutral point hence intraday and scalping technic can work here definitely not swing trade so weekly price broke a uptrend channel to the downside that could be a breakout or false breakout as price broke it and retested trendline last week and close under 50ema but this week price is not certain yet....daily we have a possible head &shoulders forming...
wen will see a pullback on the week opening , lots of bullish pressure we wait fir price action to buy ...we have conservative and aggressive entry will update as we go
CADJPY very bearish technically ,waiting for a engulfing bearish candle or price to break our blk moving average to the downside and weekly trendline confirming our long SHORT trade, though tomorrow we have major cad news so we must be caution ....we do not predict , we react to the market hence things can change due to fundamentals .overal analysis we are BEARISH.
eurgbp sell tp 1 white horizontal line tp 2 greenline
For better rrr i will be entering short if only price move back to the blue zone , even better if news goes positive on AUD ....2.30AM S.A time then our technicals with confluence with fundamentals ......my tp1 will be at 4h trendline which is again in confluence with 50ema ....i c a dbl top ....good luck
i see sellers getting in ,though a structure was broken , gray area is where we will be putting our sell orders....remember we react not predict the market
EURCAD IS BEARISH but with EUR fundamentals today if it goes in favour of eur we will see a nice move to the upside ...we labelled our tp1 to tp3 before that eurcad has to go down a bit to have a strong momentum to the upside .....this is educational not a signal , market is reactive not predictable .
MARKET IS BEARISH , i see 3 possible turning points hence look for sell signal within those ranges
i see a short heading for a triple bottom, after that could break channel retest it and head up. ENJOY !
hi i see a potential reversal H&S , this is educational ...we are at our monthly resistance , rejection @ our weekly trendline with a daily shooting star...h4 i see a clear potential H&S 2 things can happen on the opening of markets next week 1. 15m they is a falling wedge which may coz the price to head up before going down towards our h&S neckline or price will...
Daily price broke uptrend and now retesting trend line potential sell , with a rising wedge as confluence on h4 ...also at same zone ....very good area for short opportunity
LETS SEE HOW MARKETS PLAYS OUT REVERSAL PATTERN
waiting for clear shot
TRENDLINE SELL ON RALLY, WAITING FOR SELL SIGNAL