Larrywalks

Larrywalks

NZDCAD is on an UPTREND in the 4HR timeframe. It broke above the 0.81900 level, It may retrace to the 70.5% FIB level which is in line with the rising TREND LINE . If these 3 confluences align, they would provide a sweet BULLISH ENTRY at 0.81500 STOP LOSS @ 0.80950 TAKE PROFIT @ 0.82800

Larrywalks

GBPJPY has been ranging for 3 days. If GBPJPY breaks below that range it may go to 181.xx to grab liquidity before climbing to reach higher highs above 184.xx. I would put my BUY LIMIT @182.00, SL @ 181.00 TP @184.00

Larrywalks

GBPJPY has broken out of a HEAD & SHOULDER structure and now we are waiting for price to retest the support that turned into a new resistance which is also the NECKLINE of the HEAD & SHOULDER structure at 166.00. After the retest price may to fall to 160.00 a distance equal to the height of the HEAD & SHOULDER structure.

Larrywalks

USDCAD two different scenarios of going SHORT. 1st SCENARIO After Price has broken the HEAD & SHOULDER structure and retesting the resistance at the neckline it may fall directly to the support at 1.32000 2nd SCENARIO Price may continue rising to Hit the upper trendline in the falling channel then sell off to 1.32000

Larrywalks

NZDJPY GOING LONG. It has hit a weekly resistance and long held trendline.

Larrywalks

The head and shoulders structure's support has been broken and price has retested this new resistance. Price may sell off to the next support level at 1.316, a distance equal to the Height of the broken HEAD & SHOULDERS structure.

Larrywalks

I have spotted a head and shoulder formation. the price has broken the resistance and the pair may retest the new support then fall.

Larrywalks

GOLD has formed a double top. If it breaks out the support at 1720 it will come back and retest the new resistance 1720 that was a previous support and fall to 1680 levels.