Simple daily correction breakout with a series of pullbacks/ retests. looking to enter once price has touched the resistance and broken the supporting trendline
Correction breakout now forming retest on daily timeframe showing signs of potential long term bears. Targeting next low a couple years back.
Stop trading the consolidation, you should be ready for the drop down to the major daily trendline.
Looks like the only way is down for this pair, stop buying into the bull trap that will never happen. Simple correction play.
Clear descending triangle pattern formed on the 1hr and clear on the 4hr timeframe. Price has already broken and now coming back for the retest to proceed further to the downside.
Looking at this pair we can see a descending triangle pattern on the 4hr time frame suggesting further continuation to the downside, targeting the bottom trendline which is also a low from a couple years back. Waiting for a correction to be formed before entering on the breakout.
the dollar index is looking to be following a new channel heading to the downside in the long run, potentially. We can see that price is at the top end of the channel so we will wait for this small trendline & current support to be broken then we will enter short on this chart. Looking to target the bottom end of channel. This should introduce some USD pairs to a...
After catching a good sell off from an earlier correction, it seems as if price just wont stop falling, if you look on the daily timeframe you will notice why we have a large trendline at the bottom which is our target as it is a daily trendline that price will most likely (in our opinion) meet in the near future.
After our last analysis with this pair, its time to put the simple corrections aside and focus on what appears to be a descending triangle pattern forming for further downside continuation. After following corrections every time, it appears that price is now losing momentum, however this could lead to a huge breakout for a bearish push down to the wick-end from...
EURGBP having clear signs of potential bears although price is still following this rising channel, so he best thing we can do is simply wait out this pattern until a clear breakout is spotted, otherwise if we try to trade for price to leave this channel without it actually doing so, then price will continue to follow this channel and keep stopping out a lot of traders.
Price following this large downward channel after breaking out of the daily trendline a few weeks ago. Now within this smaller, rising channel. We can see a breakout although price seems to be creating a potential correction for further continuation. Looking to go short on the breakout of this correction trendline down to the bottom of this current rising channel,...
Price looking likely to form a falling wedge pattern on the daily timeframe although we can expect one more push to the downside before we see any signs of a breakout. simple correction play where our potential entry could be, which is a lot clearer on the 4hr & 1hr timeframes.
Falling wedge pattern expecting for price to break out on NZD strength against CAD weakness in the next week or two. Around 160pip target
Falling channel broken along with the ascending triangle, looking for price to reach 1.265
EURCHF daily timeframe has broken this continuation pattern after breaking the major trendline back in 2018. clear retest of this support zone showing potential bearish movement.
EURUSD looking like its formed a new channel showing a clear continuation pattern in pursue of a bullish direction. Alongside US weakness ahead of us with major bearish signs on the DXY, this may be the push the Euro needs to complete this move.
price broke trendline after reaching the top of this channel, looking for a short position once this correction has been fully broken as well.