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Potential Setups for Week Starting 17th October


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I have been browsing through the charts to find some good momentum setups. There are two markets which

seem to look positive

 

Trading Setups

 

1) Bearish Weekly inside bar setup in EUR/JPY

2) Bearing Weekly Outside bar setup in AUS 200

 

Attached to this message are the screenshots. Please feel free to comment 



 



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Hi thanks for the charts. I am not an expert at all when it comes to charts so I have a few questions.

 

On the first chart zoomed in. It seems that the resistance lines has been broken pointing to a downward trend. Is this correct?

 

The second chart the weekly seems to have a triangle also pointing downward is this correct?

 

Could this imply a small bounce before going further down again?

 

 

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