Head and shoulder pattern, taking an early entry based on the break of the trendline. TP! can be at the neckline, and further profit if there is a continuation to the downside
Breakout to the upside to retest prior resistance. Fib and Trendline in confluence
Having approached resistance, USDJPY is showing weakness. Looking for a drop.
Based upon multiple confluences and the greater downward trend this looks like a great short opportunity. FIb, Resistance and Trend all inline
Overall trend is downwards. Looking for that move off the trend line which is on confluence with MA cross and resistance.
Simple technical set up. Broke counter trend and also price action set up ideally for a short.
We have a weekly support line, if there is a break of this, we can see further upside. However, if it breaks the triangle and forms a lower low, we can see further downside.
Simple trend analysis, this pair looks to continue its move downwards. However a confirmed break of that trendline to the upside will make this trade invalid.
Price is moving around a monthly support area and along with this triangle formation, i expect this pair to go lower, one a confirm break is seen in the direction of the trend.
Notbeing able to push beyond minor resistance, there seems to be further selling pressure. I am short on this pair and looking for a take profit around the monthly support area.
Once again this pair has approached a major support and losing strength in doing so. We can look for a long position from here.
AUDUSD has been approaching a major support and so we can expect a reversal. Once this trendline is broken and i get a confirmation, i would be long on this pair. It has also found a minor support around this region.
USDCHF on a longer time frame is in a general downtrend. Along with this on the 4hr we can see a pullback which is approaching a key resistance. But both this and the trend line are in play here and see we can expect a pullback to continue a move downward. Entry - Current price Stop Loss - Give some room above the trend line and resistance
We can see here that a descending triangle is forming and the price is also approaching a major trendline. If this breaks down we can see a nice move to the downside. Along with this price is approaching a crucial whole number resistance point which acts as a psychological level. I will be looking to short this once trendline breaks and i get a confirmation.
Wedge formation on this pair. Also approaching a major support. Sellers may be running out of strength and so i am looking for a break to the upside. Direction : Upwards Entry: Wait for break of trendline with candle confirmation
Looking to go long on this pair. Once this range is broken and confirmed we should see a move to the upside.
EURCHF has been declining for some time now and has approached a major support. Once this pair breaks out of this range it is currently in we can see a move to the upside. So far it has broken the trendline and i am now waiting for this range to be broken and confirmed. You can take entry off one hour.
EURNZD trading to the downside between trend lines. Follow trend, along with triple ema cross. RSI pointing lower. Enter off 15min or 1 hr. Set stop accordingly