Price broke through a rising daily trendline, indicating the possible end of an uptrend. Likewise, it has broken below a strong support and is currently retesting it. A complete retest will give an entry to sell this pair.
From a daily perspective, price is in a rising channel. In addition, price just formed an inverted head and shoulders pattern after bouncing off a daily support. Anticipating a break and possible retest of neckline to go long.
Price just broke and retested a rising wedge in a downtrend. This is a good opportunity to short this pair.
Price is currently consolidating in a descending channel. A break of structure will confirm the bullish bias.
Price broke and retested a confluence of descending trendline and daily resistance. We have good confirmations to buy this pair.
CADCHF formed a rising a rising wedge and price is attempting to piercing through the lower trendline. A confirmed break will signal a short entry.
NZDUSD is bullish at the moment. Expecting a little retracement to the confluence of daily support and the fib 23.6% level before going long.
Gold has broken above a descending trendline and is currently heading to the supply zone ahead.
Waiting for break of structure and trendline to short this pair.
Looks like GBPCAD is set to resume its bullish trend. A break and retest of the descending trendline will confirm the bullish bias.
Price bounced off a rising daily trendline and also broke through an H4 descending trendline and resistance. Waiting for a minor retracement to go long.
Price is currently ranging. Waiting for a confirmed break and retest on either side to take a trade.
Watching out for price action on this pair to make a final directional bias. In the meantime, I am bearish on it.
Price formed a nice inverted head and shoulders pattern after bouncing off the trendline. Anticipating a break and retest of the neckline to go long.
Still observing this pair. A break of the minor resistance and trendline will confirm my bullish bias. A break of the support, however, will confirm the bearish bias.
Price already broke below the inner trendline. once the daily support is broken, I will be looking for a short entry on EURCAD.
Price has broken below the neckline of the head and shoulder pattern as well as the trendline. Price is also currently retesting it and could provide a good shorting opportunity.
A correction is expected after an impulse. I expect GBPCAD to make some retracement this week. I will be on the lookout for a bearish market structure before shorting.