Ladies and gentlemen, meet the USD/CAD – your favorite currency pair's favorite currency pair. 🎯📈" The Head and Shoulders Gym Session: Classic Head and Shoulders pattern in play here. Left shoulder? 💪 Bulging. Head? 🧠 Standing tall. Right shoulder? 🤷♂️ Trying to keep up, but hey, it tried. That breakout above the neckline? 🔥 The USD is basically yelling, “I’m...
🚨 Gold’s Got Drama: Is the Shine Fading? Let’s Dive In! 💰 1️⃣ Medium-Term Trendline: The OG Support! This trendline has been holding like your favorite pair of jeans—reliable and never letting you down. But here’s the tea ☕: the price has slipped below it and is now knocking on its door like, “Hey, can I come back in?” 🔑 Key Point: If the door slams shut (aka,...
🎯You’re here because you’re tired of watching the market run away without you, right? 🚀 You enter too late, exit too early, or worse—hold onto losers like they’re a long-lost love. 💔 It’s time to stop trading like a gambler and start trading like a sniper. 🎯 Buckle up, because this isn’t just another “blah blah strategy” blog. We’re breaking it down George-style:...
Pattern Breakdown This chart is just showing off with all the head-and-shoulders patterns. We had a couple of textbook setups earlier in the year that gave us clean breakdowns, and now? We’ve got an inverted head-and-shoulders at the bottom. Translation: USD/CHF is hinting that it’s tired of going down and might be ready for a serious comeback. The Old School...
So, here’s where we’re at: CAD/CHF has been hanging out in this tight box between 0.6230 and 0.6430 for a while, just begging for a breakout. And Edge-Forex is calling it – we’re leaning bullish on this setup. Here’s why. 👀 Top of the Range Pressure 💥 Right now, price is sitting right up against that 0.6430 resistance, and with the way momentum is building, it’s...
So, here’s the deal with EUR/USD – it’s throwing out a pretty juicy head-and-shoulders pattern. If you’re not familiar, just think of it like this: the market is literally shrugging its shoulders, and when it does that, it usually means it’s getting ready to slide downhill. And guess what? We’ve seen this exact move before... twice. 📉 Pattern Repeat: Déjà Vu, But...