We can see that price has been making Lower swing highs and lower swing lowers. price is currently rallying(Pullback), i am hoping that the end of the rally will be at one of the levels of resistance before price falls again. Please follow our instagram page @GlobalForex_BC
BREAK AND RETEST OF TRENDLINE AND A FORMATION OF A DOUBLE TOP AND ALSO A BREAK OF THE DOUBLE TOP FOLLOW IG PAGE: @GLOBALFOREX_BC!!
Basic support and resistance. we have a pin bar close on the weekly. Market always has a push and exhaustion phase, right now it's in a exhaustion phase, we're hoping for another push before entering entering short on it's exhaustion. Goodluck Please like and follow.
BROKE DAILY TRENDLINE, WE'LL BE HOPING FOR A SMALL AMOUNT OF RETESTING OF THE DAILY TRENDLINE BEFORE ENTERING SHORT PLEASE LIKE AND FOLLOW
Break of rising wedge, it should come back up to retest the wedge or the resistance level before going down . Also we have divergence on the RSI and MACD
AUDUSD is currently having downward movement and this can be seen by the parallel channel on my 1H timeframe and it's currently at a important level, we're hoping for a string bullish close candle before entering