waiting for price to break below on 4hr, retest the broken support turned resistance to take sells down, whilst closing partials at wick fills to the left
The trend will reverse around this point as it's at the lowest of the month
Getting ready for the AUDUSD reversal at the Mid month. At the time of writing, I am Selling due the the Psychological Line at 0.68 being respected. I am targetting the 0.677-6775 zone as that is where we have a double bottom/W formation which should give us a good indication that the up trend/reversal has started. 1st half of the month came down by 126 pips, my...
AUDUSD is overall in a down trend I predict a small buy at the price shown in the chart above
Intraday trading idea - holding 1 to 3 days The EURUSD has hit a major support level at 1.1 The price action has formed a double bottom (W formation) on the 15-minute chart. I believe that the price will reverse on the uptrend now, I have 4 entries set at different TP levels
Double session buy +50 pips Price sitting at the current London session high (as of writing) can expect a 75% reversal retracement but reducing it to the nearest big round number.
Trade set up potential on Gold. We may see this pair go up to 1514-14.50 then reverse down to 1509 at least (50 pips)
You can see the head and shoulder pattern forming, it will be a short
This is not to be relied upon! I am just testing to see if my analysis is correct on this one. Long term trade/Position trade, targetting 1.1550 on EUR/USD Buy
looking at thee trend, a triangle has formed and the lines are ever edging towards the inner, narrow part of the triangle. A breakout is inevitable, as the pair has already hit a major support, a bounce up higher is likely.
At this point, it could go either way but ultimately, it is in an upward momentum for sure. In the triangle inner corner and will move according to the news release.
This has hit resistance 5 times on the hourly chart, sitting at support on daily. This looks to be going down technically, waiting on the AUD news release tonight at 10pm (GMT)
It has hit major support, entering at 131.9 SL 20 pips TP 30 pips
Targetting a reversal around 0.697-0.698 to a TP of 0.71 (swing trade)