GBPUSD Short Term Sell Idea After Bearish Trend PatternH4 - Price is bouncing lower from a key resistance zone formed by the 100% Fibonacci expansion level of the first wave and the 61.8% Fibonacci expansion level of the second wave.
Bearish divergence.
Price still has room lower towards the key support zone formed by the 38.2% - 50% Fibonacci retracement levels of the bullish trend pattern.
H1 - Bearish trend pattern.
Until the strong resistance zone holds my short term view remains bearish here.
Bearishtrendpattern
CADCHF Short Term Sell Idea Inside A Bearish ChannelH4 - Price has bounced from the top of a bearish channel. Bearish divergence.
Price still has room lower towards the bottom of this channel.
H1 - Bearish trend pattern.
Currently it looks like a pullback is happening.
Until the strong resistance zone holds I expect the price to continue lower further in the short term.
EURCAD Sell Idea Inside A RangeD1 - Price bounced from the top of the range, we have the first leg down.
Currently it looks like a pullback is happening.
Expecting further continuation lower after this pullback.
H4 - Bearish trend pattern.
Currently it looks like a correction is happening.
Until the strong resistance zone holds my view remains bearish here.
NZDJPY Short Term Sell Idea Towards Key Support ZoneH4 - Bullish rally followed by bearish divergence.
Currently it looks like a correction is happening.
Price still has room lower towards the key support zone formed by the 38.2% - 50% fibonacci retracement zone.
H1 - Bearish trend pattern.
Expecting further continuation lower in the short term until the strong resistance zone holds.
EURJPY Sell Idea After Trend Line BreakoutD1 - Potential double wave down.
Price still has room lower towards the 61.8%(122.479) Fibonacci expansion level of the first wave.
Currently, there are no signs of trend change.
H4 - Bearish trend pattern followed by double wave correction.
Bearish divergence, most recent uptrend line breakout.
Expecting further continuation lower in the short term.
US Dollar Index Bearish Continuation ExpectedH4 - Bearish trend pattern followed by double wave correction and the price has broken below the most recent uptrend line.
Currently, there are no signs that show this bearish trend is over.
Until the downtrend line holds I expect the price to continue lower further.
AUDCAD Sell Idea After Bearish Trend PatternD1 - Bullish trend pattern completed. Bearish divergence.
Currently it looks like a correction is happening.
Expecting one more push lower to the downside.
H4 - Bearish hidden divergence. Bearish trend pattern.
Personally I expect the price to continue lower further in the short term.
Ethereum Short Term ForecastD1 - Bearish divergence. Currently, it looks like a correction is happening.
There are no signs of trend change.
H4 - Price has broken below the most recent uptrend line and is holding below it.
H1 - Bearish trend pattern.
Currently, it looks like a correction is happening.
Until the strong resistance zone holds my short term view remains bearish here.
Gold ForecastD1 - Extreme divergence, expecting corrective phase to happen now.
H4 - Price is holding below the falling resistance and the horizontal resistance zone.
H1 - Bearish trend pattern.
If we get a valid breakout below the most recent uptrend line we may then consider it as a validation for the bearish view.
AUDJPY ForecastD1 - Price has reached a key resistance zone formed by the 100% (76.988) fibonacci expansion level of the first wave and the 61.8% (78.624) fibonacci expansion level of the second wave. Bearish divergence.
Expecting corrections to happen now.
H1 - Bearish trend pattern.
Expecting the price to continue lower further.
NASDAQ ForecastD1 - Price has reached a key resistance zone formed by the 261.8% (11191.7) fibonacci expansion level of the first wave and the 161.8% (10995.4) fibonacci expansion level of the second wave. Bearish divergence.
Expecting corrections to happen now.
H4 - Bearish convergence. Currently, it looks like a pullback is happening.
H1 - Bearish trend pattern.
Expecting further continuation lower after pullbacks.
Oil ForecastD1 - Price reached a key resistance zone formed by the 161.8% (38.16) fibonacci expansion level of the first wave and the 61.8% (45.28) fibonacci expansion level of the second wave. Bearish divergence.
Expecting corrections to happen now.
H4 - Bearish trend pattern followed by a double wave correction.
Expecting the price to continue lower further.
NZDCAD ForecastD1 - The price which is moving higher has reached a key resistance zone formed by the 100% fibonacci expansion level of the first wave at 0.89197 and 0.89 psychological level, bearish divergence.
H4 - Bearish divergence.
H1 - Bearish divergence followed by a bearish trend pattern in the form of three lower highs, lower lows.
Expecting further continuation lower after pullbacks.
EURGBP ForecastD1 - The price tested and false broke the 0.91 psychological zone. Bearish divergence.
We also have the 61.8% (0.90920) fibonacci expansion level of the first wave coinciding in the same zone, which makes this area a key resistance zone for us. The price is currently holding below this key resistance zone.
H1 - Bearish trend pattern.
Expecting further continuation lower after pullbacks.