I see AUDUSD sitting at weekly support (OK, I am ignoring the spike happened 6 weeks ago). I would like to see if this level holds. Anyway, this is weekly chart. I am just trying to get a view of big picture.
Here is the ….. CHART!
USDCAD has been moving within a channel, and now we are sitting at the lower channel band. With the assumption that the channel movement will be continued, I am testing with a small long position from here. First target of long position is the mid pivot of the channel, and upper channel band is the 2nd target.
Let’s see how it goes.
Here is the….. CHART!
This is a swing trade setup. Cable is moving closer to retest previous broken trend line, and a bullish harmonic pattern is forming. It depends on one’s risk tolerance, I prefer to build entry near trend line. Still watching for now. I expect some reactions at the trend line retest.
Here is the … CHART!
[tab:Setup]
After RBA’s decision to leave cash rate on hold at 4.75%, I see an interesting setup in ASX200. This is an intraday trade setup. I am testing the idea with small risk. As long as the last low holds well, long bias remains. Let’s see how it works out.
Here is the …. CHART!
[tab:Update]
Support was broken. Pattern failed.
A bearish harmonic setup is observed while NZDUSD is retesting the broken trend line. Bias remains short for now.
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