2 opportunities, short and medium term, are presented in this pair. You choose!
I show you an extended wave 5 idea. I would like to know your opinion. Thanks!
After presenting rejection in strong resistance, the price could go to seek the ground in the liquidity zone
After trend break, an inverted shoulder head shoulder appears to be seen
We see a strong drop to the liquidity zone and support in the trend line, price should make a new maximum
After a long period of upward accumulation, it seems to break out strongly, adding to the weakness that the CAD is experiencing due to lower oil.
after false bearish breakout and subsequent strong rejection candle, appears to be heading to downtrend breakout and into supply zones
The structure of this pair seems to be forming an inverted shoulder head shoulder, our objective will be a first impulse and then we will wait for the pullback to make a second entry
Triangle break in resistance zone after distribution, probable move to demand zones
After a spectacular rise, the price has reached a significant resistance zone. Double top formation and bullish channel breakout are appreciated
After marking a double bottom in lower timeframes and breaking the bearish guideline, the price seems to enter an accumulation zone for a new bullish momentum.
After breaking the trend line and stopping in a zone of certain resistance, the previous accumulation zone is tested to complete the range.
eurnzd is moving into a range zone in what appears to be a bullish build
we wait for a first stop at the support accompanied by the trend line to go looking for supply zones again
It appears to be forming the typical ABC correction in wave 4
Strong purchase volume is observed in demand areas, likely to test supply area again