EURJPYEURJPY is trading in bullish parallel channel, and created Head and Shoulder pattern at strong resistance area. And a massive sell rally break the neckline of HnS pattern. any successful retest of broken level will be nice option to sell.
if the sell pressure continues, the next target could be the back to lows at 156.50 region.
What you guys think of this idea ?
JTS
EURUSDEURUSD was trading under declining trendline and recently it seems like the sellers are bit exhausted then bulls took the charge and break through declining trendline.
Currently the price has given the breakout from falling trendline and now forming a local support around 1.0500 region.
Will the bulls take charge again continue for leg higher?
LPTUSDTLPTUSDT is trading in symmetrical triangle pattern. The price is reacting well the support and resistance of triangle.
Currently the price is at the support of triangle where it is also forming a local support zone and seems like the price may break through the triangle.
If the breakout sustain to upside the optimum target could be 6 followed by 8
What you guys think of this idea?
LUNAUSDTLUNA is trading under declining trendline and now creating a local support in the form of minor range. as the price action indicating the pause in sell pressure.
If the bulls become able to break the range and declining trendline , it will be fine buy setup.
One can trade it with buy stop on the breakout of range and declining trendline.
If the breakout sustains the next target could be 0.4590
GBPCADGBPCAD is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could be 1.6760
AUDUSDAUDUSD is trading in descending parallel channel and recently it seems like the sellers are bit exhausted now and the pair is started to get support within the channel.
Currently the price is forming a local support around 0.6290 region and seems like buyers are getting ready for some serious move to upside.
Will the bulls take charge again continue for leg higher
MCUSDTMCUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could be 0.3850
What you guys think of this idea?
MKRUSDTMKRUSDT was trading in descending parallel channel and recently it seems like the sellers are bit exhausted now and bulls took the charge and now has given the breakout from descending channel.
Currently the price is forming a local support around 1380 region.
Will the bulls take charge again continue for leg higher?
What you guys think of this idea?
XEMUSDTXEMUSDT is trading under declining trendline and recently it seems like the sellers are bit exhausted now and the pair is started to get support within the channel.
Currently the price is forming a local support around 0.0245 region , seems like the buyers are getting ready for some serious move to upside.
Will the bulls take charge again continue for leg higher
AUDCHFAUDCHF is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 0.38% Fib retracement level.
If the sell momentum continues the next target could be 0.5770 followed by 0.5740 region.
What you guys think of this idea
CHFJPYIs CHFJPY exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 163.6 followed by 162.70
What you guys think of it
OGNUSDTOGNUSDT is trading in more like of triangle pattern and recently it seems like the sellers are bit exhausted now and the pair is started to get support within the triangle .
Currently the price is forming a local support around 0.1150 region and a bullish divergence also indicating the buyers are getting ready for some serious move to upside.
Will the bulls take charge again continue for leg higher
GBPAUDPrice is moving between support and Resistance no big move we have seen for the last few days. recently the price was trading in descending channel and will drop before the horizontal resistance but pair successfully broke it and hit the horizontal resistance then drop down towards the support. Now again it is being expected that, near the horizontal resistance price will push down and start it's bearish journey
GBPJPYIs GBPJPY exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 181.5 followed by 179.5.
What you guys think of it
EURGBPEURGBP is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 38% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could be 0.8700.
US30US30 is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the sell momentum continues the next target could be 33100 followed by 32800 region.
What you guys think of this idea
EURAUDEURAUD is trading in descending channel pattern and recently it seems like the sellers are bit exhausted now and bullish take the charge and has given breakout of the channel.
Currently the pair is forming support at 1.6550 level, and it seems like bulls are getting ready for another leg high.
What you guys think of this idea?
USDJPYUSDJPY was trading in rising wedge pattern till the sellers took control from channel resistance and has given the massive sell rally. That sell rally break the inclining trendline of the wedge.
Now the price is retesting the broken trendline and broken support level.
it seems like the sellers can attack again this bearish confluence.
If the sellers takes charge again, the next target could be 147.35
ARBUSDTARBUSDT is trading in bullish parallel channel, and created Head and Shoulder pattern at strong resistance area. And a massive sell rally break the neckline of HnS pattern. any successful retest of broken level will be nice option to sell.
if the sell pressure continues, the next target could be the back to lows at 0.7400 region.
TONUSDTTONUSDT was trading in descending parallel channe and recently it seems like the sellers are bit exhausted then bulls took the charge and break through declining trendline.
Currently the price has given the breakout from falling trendline and now forming a local support around 2.08 region.
Will the bulls take charge again continue for leg higher?