CHFJPY might start a reversal from this level after it could not get a new low and formed a possible double bottom on h4.
I am not trading this pattern but wanted to share this with everyone because it looks almost too good to be true :).
Took an aggressive long trade on gbpjpy hoping for at least a bounce to upper channel or even a reversal. Please do your own analysis before taking a trade and have strict risk management rules!
Took an aggressive long trade on AUDNZD from the bottom of the bullish flag which is also 0.618 fibo level.
Looks like we bulls are exhausted and this pair might drop to the bottom of the channel.
My trade idea on what DXY gonna do in the next months.
I think we have a good opportunity to long this pair after bulls recaptured a key level and we saw some strong rejection with huge pinbar.
Took a short position from 48.60 on ukoil after price reached an important resistance area and 0.618 fibo.
Here is a possible idea on what EURUSD might do in the next days.
NZDCHF is making a nice bearish flag on h4 and i am waiting for it to break a major tl to enter short on this pair.
USOIL is developing an inverse h&s on daily, i am waiting for a buy opportunity around 38 which is a key support area with some big fibo confluences.
I just took a long trade on GBPUSD hoping to ride a wave up to 1.33.
Waiting for a clear wedge breakout to enter short on this pair.
GBPJPY looks like is making an inverse head and shoulders on h1, i am watching this closely because is at a key level and if it breaks now we might have a reversal of the main trend.This is just an idea, please do your own analysis before taking a trade!
GBPAUD might develop a possible inverse H&S on h1 after it broke out of a downward channel so i am waiting for a clear neckline breakout to buy this pair to 1.7050.
Looking to get short on this pair after it made an ending diagonal pattern on h1 at the break of the wedge
Took an aggressive short trade on USDCAD expecting a drop to 1.30 and 1.29 with good RR.
I was hoping for a breakdown on this pair but after yesterday market reaction on gbp rate cut i think we might have one more move up to 0.87-0.88 area where is a resistance and 0.618 weekly fibo level.Anyway if we dont get the push and market is still sideways in the little channel, sell idea will still be in play for the next weeks. ...