REASONS FOR A TRADE Bullish flag correction complited Third touch of the trend line At strong support which is previously broken resistance
after reaching the suport region we expect it to drop towards next level of resistance to comlpete the flag pattern
as we have seen on the chart EURNZD has meet strong resistance at 1.76000 we expect it rising following the channel toward the major downward trend line, then contunue falling
after completing the structure er expect usdjpy to reverse
We expect an uptrend as a correction from downtrend, then follow the channel as shown above
we expect euraud to retouch the resistance zone then push down to the next zone
after retracing to a support line at fibonac 61 which was a previous resistance we expect it to push higher to continue the uptrend
after retracing to a support line at fibonac 61 which was a previous resistance we expect it to push higher to continue the uptrend
after retracing to a support line at fibonac 61 which was a previous resistance we expect it to push higher to finish the uptrend
EURUSD 1Hr Possible second shoulder formation
NZDUSD Aproaching resistance zone we expect a bounce off the zone
CADJPY Buy after touching support zone
After touching the resistance zone we expect it to drop to support level 2