Blackboot_Battalion

Blackboot_Battalion

We see this metal broke above a falling trendline resistance and clearly a break of structure is evident with price finding support on the rising trendline support + 38.2 fib level. My guess is that if price was to push up from here, the 2 targets will be -27 and -61.8 fibo level respectively.

Blackboot_Battalion

Price is consolidating inside a pennant which is bullish continuation pattern. If bulls accumulate enough moment we might see price breaking above the bullish pennant with a potential run up to $1,350

Blackboot_Battalion

Price recently broke out of a critical resistance level at 0.78. The pair is currently trading in a bullish channel and a retracement back to the resistance turned support in conjunction with 50/61.8 fib levels should send this major pair to higher ground. Next target would be 0.795...

Blackboot_Battalion

Price is currently retracing back to the support turned resistance in conjunction with 38.2/50 fib level. I’m expecting bearish pressure around this area to continue the downtrend.

Blackboot_Battalion

Price is trading in a strong bullish channel and is showing more growth is in the way. We can see price breaking out of a bullish flag inside the bullish channel. My guess is a test of the 106.5 level isn’t out of the picture just yet.

Blackboot_Battalion

We see a double bottom pattern on the daily timeframe. Scaling down to the H4 timeframe, If EURUSD breaks the neckline of the inverse H&S pattern, there is a big chance we might retest the previous high at 1.235, and a break above this level will certainly send the euro to higher ground possibly to the 1.25 level in the longer run. #bless

Blackboot_Battalion

GBPCAD is currently testing a critical supply zone on the Weekly timeframe. Usually I’d look for aggressive bearish pressure at these highs. However, we see a H&S pattern formation with the supply zone serving as the neckline. Fundamentals also tell us that there is more GBP strength expected since Britain has positive news coming in with regards to the COVID-19...

Blackboot_Battalion

Price has bottomed below 11 month lows and is currently trading in a strong demand zone. Scaling down to the H4 timeframe, price is still moving within a falling channel. A break of that structure could push this pair to higher ground.

Blackboot_Battalion

The minor pair is pushing to higher ground trading within a rising channel. Currently we see price breaking above previous resistance and finding support on it also respecting the 38.2 fib level. I expect to see more bullish energy from this area .

Blackboot_Battalion

Price is trading within a daily rising channel. Scaling down to the H4 timeframe we see an inverse Head and Shoulders pattern with price currently breaking out of the neckline. Retesting this trendline should send this pair to higher ground.....

Blackboot_Battalion

NZDJPY is currently trading within a strong bullish channel. Scaling down to H1 we can clearly see a bullish flag pattern. A break of this minor structure could push this pair higher.

Blackboot_Battalion

Price broke and closed above 200 day-SMA with strong bullish momentum. If we scale down to the H4 timeframe we see price trading within an established ascending channel. My guess would be a push up higher is till on the cards if we get a pull back.

Blackboot_Battalion

Price aggressively broke out of a critical supply zones. Now we see price falling back to test resistance turned support. I expect to see bulls to step into the picture soon.

Blackboot_Battalion

EURJPY broke out of an ascending triangle pattern on H4 and currently falling back to test the broken structure. I’m expecting bullish reaction if we retest is successful.

Blackboot_Battalion

Potential right shoulder forming. Possible long if we break neckline of potential inverse H & S pattern.