OchubaVictor

OchubaVictor

Potential shorting opportunity

OchubaVictor

Short term sell entry on the currency pair. Price approaching strong resistance zone. What do you think?

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Resistance retest and continuation to the downside

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Rejection in the upside

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Price produced a double M formation in a downtrend. I expect a correction of the double M formation before completing a move to the downside. What do you think?

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EURCAD on a downtrend forming a triangle chart pattern. With price currently at 50%fibonacci level. We go short (sell) with tp at 23% fibonacci level. Meanwhile, price just hit resistance on the triangle which signals sell entry. What do you think?

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Support retest before continuing an upward move

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THE MARKET IS EXPECTED TO DROP DOWN TO SUPPORT BEFORE COMPLETING A RETRACEMENT BACK TO PREVIOUS HIGHS

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Resistance and support channel

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Price hit double resistance in a downward trend. Will it break or will the bears gain momentum.

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Price broke away from the resistance channel and coming back for a retest. If price gets rejected, we go long (buy) on a short term. What do you think?

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As price falls back into a long term channel,its expected to be headed for the support. For entry,after price breaks, wait for a pull back before you take a long SELL position

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BROKEN RESISTANCE RETESTED

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TREND CONTINUATION

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Possible double top formation on a long position

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Resistance and support channel Buy short

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Long term Resistance and support channel

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A buy trend through the long term Resistance and support channel