Will USDCAD bounce down?USDCAD is at key level where it may bounce down, due to historical key level that price has bounce off it multiple time.
Looking for a breakout is where i will open a sell position.
Keyzone
Oil is at key level..I've made this analysis last week, 2 week ago waiting for the good buying confirmation.
It is now at the key level where it may bounce up or bear are still in control to 2nd buy scenerio.
Important zone for BitcoinI think this green zone very important for Bitcoin (as techincal) if the price moves up my first traget is 5800$
GBP/JPY Break through or Bounce?[Key zone]The price is in the key zone near the strong mirror level of 147.500 which previously acted as both a resistance and as a support (the areas are marked on the graph) And also next to the lower boundary of the rising channel.
Options for the development of the situation:
1.The price will bounce off this zone that will be a signal for the purchase and continuation of the upward movement.
2.The price will break through this zone, deep below the level / lower boundary of the channel, which will signal a further downward movement. (However, the entrance to the sale should be sought from retest)
P.S. I apologize for grammatical errors English is not my native language
Is this the perfect spot to sell EURAUD? Price move in a daily rising Channel. I'll wait for the price to touch the monthly resistance line.
Gold H4 possible Doubletop - wait for break of necklineRSI in the D1 is overbought. The H4 timeframe shows a possible Doubletop in the keyzone. Also RSI is overbought on the left high and shows a bearish RSI divergence. Nice short possiblity if price breaks and closes below the neckline.
EURUSD D1 Rising Wedge correlate with W1 TrendThis could be another scenario on the EURUSD. Weekly chart shows downside potential. Furthermore the price build a rising wedge and reaches a resistance zone on the D1 timeframe. Could be a good short opportunity, if price breaks out of the rising wedge.
EURUSD M240 Support Zones for long SetupsLooking for long setups at this 3 support zones. If Price closes below the D1 keyzone I'll watch out for short opportunities.
EURUSD D1 wait for the price to close above the keyzoneLooking for a long opportunity, if price closes above the keyzone. Possible Doubletop, if price fails to close above the keyzone.
EURUSD M240 - ascending Wedge, wait for the BreakoutEURUSD formed an ascending Wedge on the M240 timeframe. Wait for the breakout for a possible downmove.
EURUSD M240 - Doubletop with Divergence for further DownmovesDoubletop in the M240 Timeframe. Shows bearish RSI Divergence.
