Forex Trading System - Potential Opportunities

GBP/CAD.
Bulls look like exhausted and unable to pull this pair higher. There is the Bearish Advance Block pattern on the daily chart and the Rising Wedge on the H4 chart presented below.
A signal to sell will appear only when the price goes lower the support line of the wedge.

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Daily chart

gbpcad-h4(2).gif

H4 chart
 
CHF/NOK.
Potential trading opportunity appeared on the daily chart - double bottom and bullsih engulfing. Supposed target - 6.09065.

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Daily chart
 
Combining elliott wave, candlestick patterns and simpe MA... very nice set up :)









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EUR/NZD.
The price pushed off the support line with the Morning Star pattern and most probably will move higher.

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H4 chart
 
GBP/DKK.
On the daily chart there is a Falling Wedge and the Last Engulfing pattern (bullish). Also you can see two bullish candlestick patterns on the H4 chart - Tower Bottom (not marked) and 3 Inside Up.

gbpdkk-daily(2).gif

Daily chart

gbpdkk-h4(2).gif

H4 chart
 
EUR/SEK (euro/swedish krone).
Clear 3 Inside Down pattern and resistance of the top level on the daily chart. On the H4 chart there is going to be a short upside correction before the fall.

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daily chart

eursek-h4(2).gif

H4 chart
 
AUD/USD.
Bullish signal occurred on the daily chart of this pair. See the chart below.

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Daily chart
 
You are picking direction but not stop losses, why is that?

Stop losses and entries depend on your trading system and appropriate risk that you are willing to take. I just try to predict the direction according to certain signals. Conducting trades is your own task.
 
EUR/NOK (Norwegian Krone).
The price is consolidating right now and we have a Descending Triangle pattern on the daily chart that is usually followed by further upside movement. After the price breaks the upper line of the triangle, we can buy this currency.

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Daily chart
 
EUR/NZD.

Resistance level reached on the daily chart and 3 Inside Down pattern on the H4 chart.

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Daily chart

eurchf-h4(2).gif

H4 chart
 
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