NZDUSD break the channel and now gonna retesting the broken channel. And also has any others confluence: 1. Demand zone 2. Fibs level 3. Retesting the broken channel.
Currently AUDUSD correcting and also forming a flag pattern, and gonna waiting for bounce and break the channel then we can entry.
EURUSD Closed below 1.14000 1. On the supply zone 2. 50 Lvl fibs 3. Retesting the counter trendline. 4. Price closed below 50EMA in Daily timeframe. It will gonna back to 1.13000 to retest the strong support before it go up.!
1. AUDUSD broke the channel. 2. Broke the resistance and now act as a new support. 3. Market structure. Gonna wait for bullish set up on the zone (support zone) also have the fibonacci 38.2 and 50, gonna focus to that level and waiting for price action to take bullish.
Clear triple TOP and that indicating price may reverse !
GBPUSD break the channel and also break the resistance. And price closed above the 38.2 level fibs also retesting the broken resistance and now become support. Goood luck!
GJ back to the retest the broken trendline, and if u can see it's forming Head and Shoulders pattern.
Price is consolidating at the moment, and we just gonna wait to wait for more confirmation to take action bearish or bullish.
NZDUSD is sitting on the strong support on the 4H timeframe. But if u see on the weekly time frame it's still bearish and it looks like gonna continuing the bearish move. We just gonna wait and see what's gonna be next year.
As we can see on the chart: 1. Price retesting the broken support 2. Rejecting and respecting market structure 3. Retesting the down trendline and also made a Higher low. 4. Fibs 38.2 So much confluence!
On the daily chart we can see the rejecting the support third times. Just waiting to break the down channel.
Price rejecting the down trendline with pin bar on the daily timeframe. And also rejecting the resistance based on market structure.