I am looking for a sell on EURUSD.... Perfect Smart Money setup. It may not come back up to that point because it has already tested my area of interest. But if it does come back up.. take the trade... sit on your hands.
I am looking at CADJPY for a massive sell off. It has the potential to turn at the current market price but I if it goes up to 85.300 and closes below on 4 hour candle close I will take the sell.
Possible SEll... Two Entries - 61.8%
Head and Shoulders Pattern - Looking for 50pips at least.
Right Now AUDUSD is completing its bullish flag. Trade Idea: The first yellow circle can be Entry Point 1, If price goes down then the next yellow circle is entry price 2. If price goes up from this current point.. the yellow circle on top will be entry price 3.
GBPJPY currently in a triangle. But based on history this pair usually retraces at least 50% t0 61.8%.
BTCUSD is in a downward trend. Price broke support and now retesting as Resistance.
Buy opportunity. If price breaks trendline prepare for a sell.
Analysis was done using simple support and resistance and pull backs.
Trade Setups using basic support and resistance and pull backs.
Following that strong bullish move today, I think EurUSD wlill continue its move up after that pullback.
After that strong move up last week, I think that GBPCHF will continue its move up. This is simply using Four Confirmation. The price is currently by a strong support and I expect a push up during London breakout session.
Based on four confirmations, I am expecting that price will fall after breaking the upward trend. First I expect price to retest that trendline like a side ways resistance level and then fall. Depending on how good NFP data comes out this has the potential to being a huge sell off. Lets watch and see. Look out for large spreads around news.
Short Term Sell: Price is currently at the right shoulder level. (head and shoulder pattern). Price may begin to fall to either price (151.75) or to downward trendline. See analysis for long term buy position. Long Term Buy: Very strong move up today (7th December 2017). This move broke the downward trend line and also a very strong resistance line. I am now...
Another analysis using simple four confirmation. I think GBPJPY is going into a nice sell.