If the low is broken, I think we will see 121.05
Also EURCAD ... Head and Shoulders Pattern on Daily with a nice PIN BAR at support !!
EURCAD Bull Flag on H4. I will go long on a trend line break. Target is 1.4476
Look for bearish signals around 1.2540 zone
I still like a short on EURUSD to 1.10500 or lower The momentum of additional rise is fading .. there is an obvious divergence between price and RSI, MACD, and momentum
Favoring a long trend trade in AUDCAD to 0.98300 and ultimately 0.99380
I am liking a trend continuation long trade in AUDUSD for this week. My target will be around 0.8300
Bulls are facing fierce resistance from Bears. Price is definitely at a resistance level with MACD divergence. I like a short trade to 184.0 area
1. Bearish Engulfing Candle on Daily 2. Price at a previous resistance level 3. MACD Divergence (Price made a higher high while MACD histogram made a lower high) 4. RSI overbought 5. Stochastic RSI is u-turning Price may fall to 1.55 area in the coming week or two weeks. In my books, this is a high quality setup. However, price can do what it wants so...
I am preparing to short Silver next week based on a bearish gartley formation on the daily time frame. I will not enter a trade immediately but will wait for a confirmation. That can be a trend line break on a lower time frame preferably with divergence. My target will be 16.75 which is a previous resistance level that may act as support. I will keep you posted...
Favoring Short GBPUSD on a break of TL break with a target of 1.492
Planning to go long on a trendline break targeting 1.232
Expecting Dollar Index to rise to 11980 before dropping again . I am interested in shorting EURUSD & GBPUSD this week . Going to look for bullish setups on the USD index for this week. IF USD Index breaks the A Low, I will reverse my thinking and start selling USD
AUDJPY formed a bearish gartley with a double top plus divergence on the daily time frame I am interested in shorting AUDJPY from the lower time frames (H1 & 15 MIN). Targets on the chart