Price Action Setups Daily – AUDNZD, EURUAD, EURCAD, EURJPY – August 3rd
AUD/NZD
After breaking the inside bar pattern the long position was opened, but on Friday pin bar candle showed so we can try another buy...
EUR/GBP (H4): In a downtrend
EUR/GBP (H4): In a downtrend
Forecast: Further losses, targeting previous low
Alternative Scenario: Another test of downtrend line
Comments: Recently EUR/GBP once again rebounded lower from trend...
CAD/JPY (H4): Approaching support once again
CAD/JPY (H4): Approaching support once again
Forecast: Rebound from long-term horizontal support (94.4000)
Alternative scenario: Trying to breach current key level
Comments: 94.4000 provides strong support since...
Price Action Setups Daily – AUDNZD, EURAUD, EURCAD, EURJPY, GBPUSD, NZDUSD – July 31st
AUD/NZD
Position that was opened yesterday. After attacking the resistance, inside bar pattern formed and I was awaiting for a selling signal. However purchase opportunity...
Price Action Setups Daily – AUDNZD, EURUAD, EURCAD, EURJPY – July 30th
AUD/NZD
Broader upward correction on AUD/NZD. We should still look for sell signals (using D1 and H4 TFs) – the bias will change after D1...
NZD/JPY (H4): Inside consolidation
NZD/JPY (H4): Inside consolidation
Forecast: Price reacting to consodliation upper limit (82.80)
Alternative scenario: Trying to breach current resistance
Comments: Investor should consider going short – consolidation...
Price Action Setups Daily – AUDJPY, AUDNZD, EURAUD, EURJPY, NZDJPY – July 29th
AUD/JPY
Outside Bar pattern formed which gives opportunity to consider long positions. D1 trend is clearly downward, W1 also. RR ratio with SL around 70...
GBP/AUD (H4): Correction to local support
GBP/AUD (H4): Correction to local support
Forecast: Looking for purchase signals near 2.1235 (near-term support)
Alternative scenario: Moving back to lower channel limit
Comments: GBP/AUD moves in...
Harmonic Trading – GBP/CHF Bearish Shark Pattern
In Harmonic Trading articles we look for currency pairs harmonic patterns on M30 and H1 time frames. You need to remember, that formation alone...
Price Action Setups Daily – AUDJPY, AUDNZD, GBPJPY, USDCHF – July 28th
AUD/JPY
Interesting situation here – after visible decline and retest of previous low, market retraced dynamically. There is a possibility of forming big Outside Bar...