Rejection
WEEKLY ANALYSIS AUDUSD! VULNERABLE NEWS AHEAD OF AUD! Good day traders! Hope you all are enjoying your pleasant weekend! Take some time to clear your mind and come back stronger into the market again! Everything will be alright!
AUDUSD has rejected to move higher on Friday and closed in bearish pinbar candlestick under weekly candlestick. The upcoming week will be a challenging week ahead of AUD as major data and news will be announced. Therefore, expect AUD to lose some strength.
A push to the downside is most likely to happen and ideally to retest the trendline which lies at 0.7043.
Do enter the trade with your own risk management control. It's not about you versus the market, it's always you versus yourself.
Happy trading!
GBPUSD Massive Sell Set-Up Opportunity Clean three touch ascending channel, with a complete middle section, along with price reaching the 3rd touch in a smaller ascending channel, with a bearish wick rejection on the trend line just below the double top for this Long and short term sell at the high value area
DAX - DE30 video top-down analysisHello everyone, here is the top-down analysis for DAX, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
EURUSD waiting for a trigger to sellon DAILY: EURUSD is sitting around a strong resistance zone in green so we will be looking for objective sell setups on lower timeframes.
on M30: EURUSD formed an objective wedge in red and we also have a regular bearish divergence adding more confluence to our setup.
so we are waiting for a momentum candle close below the last swing (in gray) that forms around our red trendline to sell.