1-Head and shoulders pattern is forming here 2-trend line enter sell when neckline is broken
as expected, EURUSD kicked the sellers out, and shoot up to create a third touch for our purple channel. I can see more stop loss hunting coming next week. let us be patient about this pair.
by breaking our last swing standing downward(in grey), it will kick the buyers out, thus makes our sell more valid and we can enter with more confidence
USDCHF is breaking all boundaries! broke the first last swing standing, However, I am still waiting for our second last swing standing break to enter this one with confidence. late, yes, but conservative.
We are still holding a buy on GOLD with our stop loss at 1209.80 we may experience some rejection around the blue trendline, but we will keep holding our trade as long as it is still above the small horizontal purple line
as expected, DXY crashes after reaching our red rejection zone completing our objective channel in purple. Three touches on both Trendlines. Now a small correction is expected after reaching the low purple trendline before breaking it and get exposed to our blue long term trendline. we are expecting a long downward move on dxy reaching our green zone after the...
1- Objective Head and Shoulders (still not completed) 2- Rejection level between 87.00 and 89.00 and purple long term trendline rejection - Trend Following Setup 3- Objective Trendline in orange
1- 0.8200 and 0.830 support/resistance round levels rejection 2- Objective Trendline IN BLUE 3- one histogram divergence on MACD in blue Waiting for a momentum candle close below our last swing standing to sell
We are readding USDCHF to our watchlist 1-- Divergence in yellow on H1 2- Objective Head and Shoulders pattern formed waiting for a break under the head and shoulders neckline
AUDCHF 1- 0.7300 strong support/resistance round levels rejection 2- Objective Trendline retest in red on Daily 3- Objective trendline break on M30 in orange 4- Multiple histograms divergence on MACD on M30 in red Waiting for a momentum candle close below our last swing standing to sell (which is also a break outside the rejection zone)
AUDUSD H4 - 1- Objective trendline on H4 in red 2- divergence on MACD in red, 3- Daily round support levels rejection 0.7100 - 0.7200 which also is a Demand area Waiting for a momentum candle close above the gray zone to buy
we prefer to sell this pair as we have more confluence pushing this pair down 1- Objective Symmetrical Triangle in red 2- Trend following trade confirmed by a rejection of previous broken support area 1.0850 - 1.0870 Waiting for a momentum candle close below the gray zone to sell