Looking to short E/U, price is currently holding at a strong monthly resistance level. If price breaks the trendline and makes a lower high, I'm selling longterm.
Looking to buy into NZD/CAD, it is in a strong uptrend.
Looking to place a buy on E/U. Multi-time frame analysis done on this markup. The higher low is forming right now.
According to my analysis, U/J is now in a uptrend. I'm only looking for buy opportunities as of now. I'm expecting a rise and strong pullback to the downside, to create the higher low.
I'm looking at a potential head and shoulders setup on a A/U. I'm expecting a pullback to the downside, where a lower low will be formed. Then I'm expecting a pullback to the upside, where the lower high (right shoulder) will be formed. Keep an eye on this setup next week
The NFP news put Cad in an uptrend, by breaking the previous lower high. I am anticipating a pullback, that will make the higher low continuing the uptrend.
Price failed to retrace to 38.2 fib level. I'm looking to short on a retest of this trend line, where the lower high will be formed. and target 140 pips. For more confluence, go to the 1 hr chart ( possible H&S pattern). Also extremely oversold on the RSI.
Looking to short NZD/USD based on my prediction. If this pattern plays out I will target 150 pips.