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Three Drives

Significant areas on GBPJPYSpotted 155.345 and 162.332 significant areas on the contraction happening in the daily chart. The accumulation has provided three ascending drives alongside divergence occurrence. With this being said, the market is gaining bullish momentum due to how it reacted to the third touch. However, the current price is within the breaker block which is now a delicate area(could experience rejection), but should the area be violated, then we wait for a pullback in order to execute a smooth bullish drive to hit price 162.332...
by tokelohomi
AUDCAD analysisThe market is still in a bullish trend, but it’s pretty much in a phase of change in market structure. Initially the 4h resistance was respected, which it then got violated and turned into this current support which was activated by the pullback at price 0.93095. From this current price we’re anticipating a bullish move to our daily supply region or at least price 0.94044. Double bottom has been violated along side with the three drives being completed, this activates the slight bullish move, then we prepare for the ultimate bearish move after a significant candlestick confirmation of course...
by tokelohomi
xauusd idea...hello guys... if gold break up that red level it determines the continuation of the upward movement and in my opinion, xauusd will form a three drives pattern and reach to 1.6 fibo level (almost $1882)... but if gold doesn't break red level be ready for hunt setup and get short position... every movement depend into this critical level... this analysis will be update after break or return! always do your own research. If you have any questions, you can write it in comments below, and I will answer them. And please don't forget to support this idea with your like and comment.
OANDA:XAUUSD
by melikatrader94
34
mina will touch $1.4 IFhello guys today mina BINANCE:MINAUSDT was one of the top gainers, but in my opinion, it is not ready for upward movement until breaking up a pink level and three drives' trendline. so put this currency on your watchlist because if it breaks this important level it could touch the $1.4 level which means a 130% gain, it is worth it. always do your own research. If you have any questions, you can write them in the comments below, and I will answer them. And please don't forget to support this idea with your likes and comments.
Long
by melikatrader94
11