Team Canada will do well in coming months. We are back in the triangle with Risk/Reward ratio of 5.
It will be a great year for AUD and we believe that it will outperform NZD. There is a significant interest in 1.02-1.05 area pointing towards 1.11 with a healthy risk-reward ratio of 1:4.
Short. We will evaluate the strength as we get closer to the bottom.
It looks like we will be catching a knife but we have a strong supportive trend line and also psychological 1.75 to our advantage. Trade at your own risk.
We are targeting area around 0.73. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions.
We have identified Descending Broadening Wedge in Gold 4H chart. It is very likely that the price action will try to retest the $1200 level and then target $1185 and $1165. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation...
GBPCHF bear flag formation identified. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions.
This will be our favorite one to watch next week. We are not advising you to buy or sell. We just love to chart and this one caught our eye and we are happy to share this with you.
Multiple Time Frame Analysis suggests to buy. We are pretty much in the buyers zone.
Bears in control until 1.5800 - 1.5850 area where the rebound is expected due to positive 1W Stoch RSI in play.
Weekly, daily and 4H RSI oversold.