Nice rejection from the hourly trendline. This trendline has been holding strong. 15m tf also showers a head and shoulder pattern.
Rejection from hourly trend. Trendline resistance still seems to be strong. Got some sell orders/tp that happen there also. Look at lower tf for p.a. Going for a 2:1 rr
Reversal candle pattern playing out. Last resistance is 1974. Price can make a triple tap so I’m doing a 1:15 which happens to be at the support.
Xauusd just tapped the hourly trend line and is creating a 3strike bearish candle on the hourly. Also made a triple tap at 2010. 2:1 rr
price went up and made a triple top at 164. lower tf shows head and shoulders and it just retested the neckline of the head and shoulders sell now!
i see a nice head and shoulders that should play out.After price made a 3 touch at 1974 its been bearish . 1970 has been holding up as a good resistance and 1964 as a minor resistance. i dont expect price to stay bearish but it should drop down to the trendline at least once more. 2:1 rr
price rejected off 1.72850 on the hourly and a strong push down followed after to support 1.70900. price started to consolidate creating a lower low and is now pushing down to create another leg.
Head and shoulders playing out on the 4hr tf. price is in retracement and just bounced off the 0.5 price may retrace 0.88700 since it is next to the trendline.
Price rejected off 0.9500 creating a double top and just broke out zone 0.9400-0.9500. weekly close below 0.9400 after leaving demand zone 0.9200-0.9300. while loading in the zone the p.a gave a bearish continuation pattern price created a new low. price may retrace to 0.9200 but i believe bears are in control at the moment
Price broke support 0.08350 after coming down from a double top on the daily tf. price retested 0.08350 and ended the week with a strong bearish candle. im expecting price to retrace to the 0.5 of the whole up move. 1.5 rr
Audcad is heading downward after rejection of 4hr. Head and shoulders pattern seems to be in play in a bigger picture of things and the current bearish pressure is coming from a 3 top rejection of the trendline. 2:1 RR
Price just broke trendline on 4hr time frames and appears to be making bullish structure. All 3 emas are gapped and flowing in the same direction. 2:1 RR
Beautiful Head and shoulder patterns is playing out. price retested after breaking the neckling and is now continuing the pattern. if it closes belor strong support of 68300 then we can expect a full ride down to 66750.
nice buy happening right now. usdchf failed to make a right shoulder for a head and shoulder pattern and price is giving a nice hourly bulling candle bouncing off 50 ema showing good trend strength.
Eurusd seems to be in downtrend. usdcad is bullish at the moment and eurusd met resistance at 1.06700 which was also the 20 ema and the last lower low.
Usdjpy is in the zone 132.5-136.9. price has been destroying resistance and seems to be making its way to the top. a break and close above 135.5 is a great confirmation of a buy since it will be also breaking the current trendline. risky sell since it is at the top of the trendline but since it just broke the last higher high with a strong bullish candle i feel it...
Cj may start to follow route with the other jpy paid. it seems to be bearish but is still in a demand zone so once broke out of the demand it should be a valid sell. Sell order at 99.240