Prep Work - Week beginning August 19

in forex •  5 years ago 

EURUSD

4 Hour Chart

Chart Link - https://www.tradingview.com/x/HeVcSO48/

Bias - Short ( negated on trendline break to upside )
Notes - Look for long entries closer to previous swing low around 1.10300 coinciding with Trendline break to upside

AUDUSD

4 Hour Chart - https://www.tradingview.com/x/med7nbW6/

Bias - Neutral
Notes - Short Squeeze rally above 68300

GBPUSD

4 Hour Chart - https://www.tradingview.com/x/mczPuJTR/

Bias - Long ( negated below 1.20850 )
Notes - Trendline break retest.

USDJPY

1 Hour Chart

Chart Link - https://www.tradingview.com/x/y8MCc8Ve/

Bias - Follow price , break either side of dotted lines should be good for 50 pips
Notes - May enter long on break of Solid Trendline to upside and assess near to dotted zone

GBPJPY

Monthly Chart - Bounced on 3rd touch

Chart Link - https://www.tradingview.com/x/LidDt1pM/

Hourly Chart

Chart Link - https://www.tradingview.com/x/m66XguRN/

Bias - Look for Long entries off Hourly Trendlines

Cheerio
FXcrypto

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Thanks for sharing your analysis