CADCHF - Potential retracement 🔽CADCHF rejected the ascending channel resistance.
Sell entry ⬇️- breakdown below the trendline support + previous swing low.
Target 🎯 - ascending channel support.
Forex-currency
USDTNGN - Potential retracement 🔽USDTNGN is testing the ascending channel resistance.
RSI is printing a bearish divergence signal.
Potential retracement to the ascending channel support + fibonacci retracement levels ⬇️.
GBPNZD ✅GBPNZD brokedown below descending triangle support as expected from my previous analysis.
Possible price action indicated.
CHFJPY - Descending triangle pattern CHFJPY is consolidating in a descending triangle pattern.
Price is approaching the triangle resistance.
We could see a breakout above the triangle resistance ⬆️ or a rejection of the resistance ⬇️.
EURGBP - Potential buy entry Buy entry ⬆️ - breakout above the ascending triangle resistance.
Target 🎯 - previous swing lows.
GBPAUD - Possible price actions GBPAUD is testing the ascending channel support.
We could see a bounce off the channel support ⬆️ or a breakdown below the channel support ⬇️.
AUDCAD - Big move AUDCAD is testing a resistance level.
Price action is printing an ascending triangle pattern.
We could see a breakout above the ascending triangle resistance ⬆️ or a breakdown below the ascending triangle support ⬇️.
CADJPY - Potential sell entry 🔽CADJPY retraced as expected from my previous analysis.
Price is testing the 0.5 fibonacci retracement level.
RSI is printing a bearish divergence signal.
Potential downtrend continuation.
Sell entry ⬇️ - breakdown below the previous swing low.
Target 🎯 - downtrend swing low, major support level.
USDJPY - Potential sell re-entry 🔽USDJPY rejected the descending channel resistance.
Price retraced and is testing the 0.5 fibonacci retracement level.
RSI is printing a bearish divergence signal.
We could see a a continuation of the impulsive downward move.
Sell re-entry ⬇️ - breakdown below the previous swing low.
Target 🎯 - descending channel support.
GBPUSD - Possible price actionsGBPUSD is testing the descending triangle support.
We could see a breakout above the minor descending channel resistance ⬆️ or a breakdown below the major descending triangle support ⬇️.
AUDNZD - Potential buy entry 🔼AUDNZD is testing the descending broadening wedge support.
Price action is printing minor falling wedge.
Buy entry ⬆️ - breakout above the falling wedge resistance + previous swing high.
Target 🎯 - Trend line resistance, broadening wedge resistance.
NZDUSD - Potential sell entry 🔽NZDUSD is testing the ascending broadening wedge resistance.
RSI is printing a bearish divergence signal
Price action is printing a minor rising wedge pattern.
Sell entry ⬇️ - breakdown below the minor rising wedge support + previous swing low.
Target 🎯 - ascending broadening wedge support.
CADJPY - Potential retracement 🔼CADJPY rejected the major resistance level and brokedown below the trendline support.
Price is approaching the minor support level.
RSI is printing a bullish divergence signal.
The market is printing a falling wedge pattern.
Buy entry - breakout above the falling wedge resistance + previous swing high.
Target - fibonacci retracement levels.
DXY(Dollar Index) is pushing UP!
Hello, Traders!
DXY went Up from the same support
Just as I predicted before
And now retested this support again
Respected it
And is now on its way UP
Will most likely go up further
To retest resistance
Buy!
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EURAUD - Imminent breakout EURAUD is consolidating in a pennant chart pattern.
Breakout is imminent.
Possible price actions indicated.
EURUSD - Potential sell entry 🔽EURUSD is testing the resistance level.
Price brokedown below the ascending channel support.
RSI is printing a bearish divergence signal.
The market is printing the head and shoulders reversal pattern.
Sell entry ⬇️ - breakdown below the head and shoulders neckline support.
Target - Support level
EURCAD - Potential rejection of descending channel resistance 🔽EURCAD bounced off the descending channel support as expected from my previous analysis.
Price is testing the descending channel resistance.
RSI is printing a bearish divergence signal.
Sell entry ⬇️ - breakdown below the previous swing low.
Target - descending channel support.
GBPAUD ✅GBPAUD obeyed the predicted price action from my previous analysis ✅
We could see further dump to the descending channel support ( breakdown below the previous swing low).
EUR-GBP is still in channel. Sell from resistance!
Hello, Traders!
EUR-GBP is still falling in the channel.
Just as I predicted.
The pair has found horizontal support at 0.88695
And is headed to retest channel resistance
We will see a pullback once reached
Sell.
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