AUDCAD CLOSE UP PLEASE READ THE FOLLOWING INFORMATION!
AUDCAD is coming off a strong bearish move. Currently waiting for price to reverse in the area where you see the box at, to confirm the trend will reverse from bearish into bullish. Waiting to see if the previous low point (where the orange mark is) to be rejected by not creating a lower low, lower close at that level to continue down OR reverse.
Investwithk
EURJPY - DON'T MISS OUT!During this mark up, I will be providing you with a visual break down of my prediction of EURJPY ! Before you take a look at this mark up, please be sure to understand that everything is color coordinated to make it easier for you to understand my prediction and perspectives of the market.
BE SURE TO ZOOM IN AND ZOOM OUT TO SEE THE DIRECTION OF THE MARKET!! 😊
Listed below are the steps to my prediction…
1. Yellow Trend Line = Support and resistance mark up
2. Green Lines = represents the higher high and higher lows of the market
3. Blue = The kill zone. Where I am looking for price to make its move.
During my analysis for EURJPY , I went from the 1-hour chart to the 4-hour chart. During that time, I was able to identify a 3-bar reversal looking to go bearish. Starting from March 11th to March 16th on the 1-day chart is where I was able to identify this reversal. If you have any questions about my mark up, please be sure to leave comments below and I will answer your questions as quickly as possible.
Thank you for taking time to view my mark up!
USDCHF - SELL - INVESTWITHKImarked up my support and resistance points, identified the violation of the trend from bullish to bearish; at the candlestick with the blue box around it. If you look left, the previous support was violated so price created a lower low, lower close at the candlestick inside the blue box... Looking to sell during this pair.