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AUD/NZD Potential Trade:
The price broke the resistance area and made a pullback. The setup is not valid yet, since there is no bullish price action on the S/R area. If we get a long wick rejection candle, we’ll look for an entry on the4h timeframe.
AUD/USD Potential Trade:
The price broke the support area and started making a pullback. We’ll look for the price to push all the way into the S/R area for a potential entry short in combination with bearish price action.
CNH/JPY Potential Trade:
The price broke the resistance area. We are now waiting for a pullback and bullish price action for a potential trade long.
EUR/NOK Potential Trade:
Here, the price is overall in a downtrend, but we see the price made a higher high, which could be a sign of a trend change. The price also broke a resistance area, and if the price makes a pullback back into the area and shows rejection, that would mean it also made a higher low, which would confirm our trend change and would give us a valid entry long.
EUR/PLN Potential Trade:
The price broke the resistance area and formed a pullback with nice long-wick rejection candles. This confirms our setup and we are now waiting for a break of the 4h trendline for an entry long.
MXN/JPY Potential Trade:
The price broke the resistance area. We are waiting for a pullback and a potential trade long.
NOK/JPY Potential Trade:
The price broke the resistance area and made a pullback. We are seeing long-wick rejection candles on the S/R area. We’ll be looking for an entry on the 4h timeframe after a break of the trendline.
USD/JPY Potential Trade:
The price yet again broke the resistance area. We are now waiting for a pullback in combination with bullish long-wick rejection candles for a potential trade long.
USD/SEK Potential Trade:
Another potential trade long if we see a pullback after this break of the resistance area.