Price is testing confluence between 0.67400 zone and bullish trendline. If bullish reaction occurs, I will look for the opportunities to buy.
Price formed bullish reaction to 0.89900 zone that I marked long time ago. It is currently testing 0.90400 broke support. I will wait for a reaction (break or confirmation).
Our H4 support zone is still holding the price. I will wait for a reaction and better structure to trade. If price breaks 1.33200 zone, I will look to sell.
We can see strong downtrend here, but price broke the trendline and created new support zone. It is possible to see new higher low formation followed with a bullish move.
Price retested 1.24300 zone and we can see higher lows that I connected with a bullish trend line. I expect to see move up and potential test of our resistance zone.
Price failed to break our support zone. It formed higher low indicating bullish pressure and then broke 1.12800 previous high. Stoch. RSI showed low readings which was another confirmation of a potential bullish move.I put my SL below the candle that broke our high and TP around previous supply zone. I shared this trade in VIP too 🔥
Price is still moving between our significant zone and support zone. It is currently consolidating and moves are very slow. I advise you to wait for a breakout.
USD/CAD potential bearish zones: 🔻1.35400 🔻1.36300
USD/CHF 🇺🇸/🇨🇭 Price broke 0.93200 zone and our bearish trendline so I expect to see bullish move.
Price broke previous support zone and went down to test 165.500. We can see bullish reaction and it is likely to continue and possibly test 167.700 zone again.
Price formed lower lows and lower highs. It broke 1.7700 zone and bears are in the control, so it is likely to see bearish move.
Price retested our support zone and bearish trendline (confluence zone). Bearish pressure occurred and I expect to see move down.
Price failed to break 1.02000 zone. It confirmed it with a double top and went down. It formed strong bearish move and started to consolidate between minor 0.99600 support and minor 1.00100 resistance. Price broke it, but this could be a fake-out. I expect to see bearish move.
Price reacted to our confluence zone with a strong bearish candle. It continued to go down and I expect to see bearish continuation.
Price continued to go down. We have nice bearish trendline here that connects lower highs. Price broke our support zone with a strong bearish trendline. I expect to see move down.
Last week price started to trend up, but reversed once it reached 1.47000 previous high. It went down to test our significant zone. I will wait for the price to react to our trendline.
After very strong downtrend price has formed strong bullish candle today followed with a bullish wick rejection. However, price has failed to break 1785 and bears quickly stepped in to push the price down again. Because of that, I expect move down.
Price confirmed our 1.17100 resistance zone and went down. It broke previous major support zone 1.15400. It went down to create new low 1.14500 but it broke this level too. I expect to see move down.