As we can see, price has left pockets of liquidity and making highs after last week's price run higher. We expect Friday's Low to be taken out before price runs higher to continue the bullish trend. We can also see an unmitigated bullish orderblock situated in a Daily Fair Value Gap and just below the 50% fibonacci level on the most recent & impulsive swing high....
Hello guys, I hope you're having a wonderful holiday period. As we can see, USDCAD just moved to an old low on the daily timeframe, we are anticipating a close above the signified sell stop liquidity pool and a move upward! Let us see how it will play out. Be sure to drop your thoughts in the comments!
Hello friends, Christmas awaits us! Here is a bullish bias for EURGBP, be sure to drop your thoughts and share with the community! So, EURGBP formed a liquidity void with the sudden upward move, this void would have to be filled in the next few moves as we saw it come back down to the former low, it rejected and went back to that low. Triple bottom? Double...
Hey guys, My thoughts on NZDJPY, be sure to share yours!
So far the EURAUD has been playing along with quite some choppyness but overall forming an descending triangle. Will hope to see a bearish move and a retest of the flat-line of the triangle and some more shorts.
Cup and Handle on EURCAD? The triangle already looks violated from that huge price spike but I'm still betting on it lol, most likely a break to the upside because of the cup & handle formation but it looks like bulls are losing momentum and price will continue bearish, a break to whichever side will determine what happens next, I guess
AUDUSD might be lossing bullish momentum as the bears are back! Likely retracement at the 61.8% fibonacci level, a strengthening USD and upcoming news that might discard EVEN more momentum on the Australian dollar, we might be seeing a fall in this pair.
This might be Pretty daring considering the tensions with USD.
We Might be seeing some bullish movement on this pair.
We might be seeing some bullish movement on CADJPY
Possible heads and shoulders formation on this pair and we might also see a perfect retracement at the OTE (50%) level from the previous swing high to the latest swing low.
Current channel movement is bullish, two strong bullish candles and let's go!
Going short after completion of heads and shoulder pattern plus price breaking the market structure.
EURUSD will fall back down to retest the previous strong support zone, if it breaks it this time, we might be seeing a new resistance area.
USD/JPY will take a strong bounce upwards and hit the recent support level!.