Sr
NZDUSD Early Reversal signs showingEarly reversal signs are showing with a pinbar on a major area. I will be looking for a short opportunity to happen somewhere next week around Tuesday/Wednesday.
Most likely price will make a double top before the bearish move really sets in.
The shown possible entry and stop is indicative.
Good trading all next week :)
USDCHF Buy next weekThe pitchfork shows a bull bull bias, last week's 12 hour candles show a push up towards the next SR zone. Let's see if early next week, Monday and Tuesday, this bull trend continues.
If it does, enter for a long trade towards the 0.5 Fib retracement level (not shown on chart, but that TP is the 0.5 fib)
Good trading next week everyone!
NZDUSD Short retracement to 0.5 FibI think long term this pair will still go up, but short term it looks to retrace to 50% fib level and bounce up from there. If last week is any indication the selling might continue next week. Tuesday will definitely tell which direction this pair will go.
If it break support, go short till the 0.5 fib level for a 1:4 RR possible return.
Good weekend and good trading!
USDCAD BuyPrice looks to bounce off major Support zone and eventually move back into the pitchfork channel. Short term movement also indicate upwards momentum. Likely meaning the USD fundamental data is good. At around 7:30pm (GMT+7) when news hits, this should boost this pair up a bit.
Be careful for the possible volatile swings though (always unpredictable!)
Good trading everyone!
GBPUSD Reversal ShortMassive sell off move just occurred, the 12 hour candle will close with quite a long wick that would indicate further down movement. It's likely to go towards the median. Enter with a tight stop for a good RR of 1:8. Protect potential losses if it does decide to swing up again at intermediate SR zones.
Good trading!