wjsharples1

wjsharples1 Updated 

Head & Shoulders pattern formed on 1hr chart, signs of a potential breakout opportunity.

wjsharples1 Updated 

Strong uptrend on 4hr time frame followed by uncertainty in a key area of resistance. Stop sell order placed below previous candle lows, if it is triggered we should see a reversal back down to previous swing low.

wjsharples1 Updated 

Bullish engulfing candle on 4hr chart, could represent a change in short term trend. Price is sitting on a strong support zone so an increase in price is looking likely. Take profit just below 0.5 retracement at the previous swing high, with the stop loss below the major support zone

wjsharples1 Updated 

Pinbar formed at resistance area on the 4hr chart. There is a possibility for a trend reversal. stop order below low of the previous candle.

wjsharples1

strong uptrend leading into a significant area of resistance, possibility for a reversal. sell order placed below previous candle.

wjsharples1 Updated 

There is a potential for a short trade opportunity. AUDUSD should fill the gap created from Sundays open. Price is likely to bounce off resistance and if it does then we could see the completion of the head and shoulders pattern

wjsharples1

Strong uptrend on the 4hr timeframe, followed by a candle of indecision at a significant resistance area represents a possible trend reversal. Stop order placed below last candles low, with the stop loss above the previous candles high. TP just above the major support zone.