Based on the structure of price action. There's a potential H&S, if this plays out then we can expect movement to the downside on the right shoulder, if not, we can see price move further above that supply zone. DISCLAIMER: THIS IS ONLY A POSSIBILITY not a guarantee. The point of technical analysis is to understand structure and have clarity of the charts not so...
Based on Higher TF structure of USDCAD, It is yet to retest zones that have high liquidity needed for further downside move. This is a potential trade set up of the pair. TRADE what you see not what you feel. DISCLAIMER: THIS IS ONLY A POSSIBILITY not a guarantee. The point of technical analysis is to understand structure and have clarity of the charts not so...
THis is a long term set up for GJ. Look for entries and scale in as necessary
This Pair has been in an uptrend lately but we is experiencing a weakness in bulls. The structure we see is a reversal pattern and thus we are looking to short. Hope you guys have a great trading week.
There was a rejection off the support level that was very bullish. Great possibilities to see it retest level of resistance. The market is exhausted so lets see how it plays out
This was a set up from US30. I dont trade it often, only when i see a set up. Confluence was there for the trade. Double Top and resistance level on the rising wedge