Price respected a resistance zone on the 1 hour timeframe, and initiated a bearish run which cleared a major bullish imbalance in price. This week, we expect to see price push lower towards 1995-1986 areas after consolidation.
Priced nicely respected a key level of support on the daily time frame. The pair has experienced a bullish movement since respecting support. We expect to see a bullish continuation for the pair as price heads towards our initial target for this setup (18.94617). What are your thoughts ? Do you agree with my analysis ?
As our analysis on Sunday predicted, the price successfully reached the key resistance level and initiated a bullish reversal as well. We expect the price to make a few adjustments in price before heading straight for our target. What do you think ? Do you agree with my analysis ?
Possible bearish continuation for this pair this week. Last week, we just saw the price ranging at a key resistance zone. This week, I expect a bearish continuation from CMP towards targets 1.64286 through to 1.59933. For this pair, we'll be looking for opportunities to short when the market opens. However, our setup will be invalid if the rice retraces and...
Last week we saw the pair rally with a bearish reversal from a key level of resistance on the daily timeframe. OANDA:USDCAD This week, we expect to see a bearish continuation as well, with a possible short bullish reversal around a recent support zone (1.32650--1.32181). If price breaks that level of support to the downside, we might see a continuous bearish...
The pair made an aggressive bearish reversal after 4 false breakouts of a key resistance level (daily timeframe). Now heading towards a major support level, I expect a bearish reversal to be possible. We'll be looking for opportunities to buy after a retest of the key level of support (17.96227-17.87925). We should see the price moving towards our target...
The price is heading towards a major key level of resistance on the daily time frame. I'm confident that this key level will be tested this week. We might get to see a quick bearish reversal from that region, so it's safe to say that we'll start looking for opportunities to short after a retest of that resistance zone. Do you agree with me analysis ? If your...
Last week, the price made it to a key level of resistance on the daily time frame. This week, we could see a major bearish continuation from the pair. Target 1.61102.
The price nicely respected a major key level of resistance and is looking to gain major sell side liquidity. My analysis should see the pair create lower lows as it's heads to the next major level of support at 1902.