Trade Ideas

by Feb 24, 2021Market Reviews

AUDNZD – H4 Timeframe.

Rejected the double top we were looking at yesterday after a break of a flat top triangle on a lower time frame.
If we can stay below 1.08270, look for moves to 1.05700!

 

CADJPY, H4 Timeframe.

We are seeing that the price has started to move up to the 83.700 Price, which was the same level as the Potential Shoulder line.
Look for a Head and Shoulder pattern to form for an option to go down.

 

GBPAUD – H4

Has closed back inside a major Zone and has now retested the broken resistance as a support level.
If the next or the one thereafter H4 Candle can close above 1.18400 w could see a move to the upside, which has no traffic on the left.

 

NZDUSD, H4

Has broken a double Top and has now retested this previous resistance.
If we can stay above 0.73200, look for further moves upwards.

 

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