If this pair could break this resistance, we could see a moving upward around 60pts for the first profit line or around 144pts for the second profit line
EURGBP broke the previous support last week and it is retesting the previous support. Moreover, it has also shown that the bullish momentum has become weaker and weaker once it gets near the previous support on the 4hr timeframe. and jumping to 1hr timeframe we could find the perfect entry. It is just below the high low of the structure.
Here is another pair of CHF but this time against the Aussie Dollar. We see the bearish flag on CADCHF after broke the support while AUDCHF has formed the rising wedge which is a sign of bearish momentum.
CADCHF broke the support and upward trendline yesterday and has formed the bearish flag and retest the previous support. We could see another drop soon.
Another pair of CHF also shows a possible long opportunity. we could see around 200pts if it could hit Third Profit Line
I have a bias on long for USDCAD and it could be a huge move upward for this pair since it has formed an Inverse Head and Shoulder pattern on the weekly timeframe. We may see some movement upward next week since it has broken the resistance of the Inverse Head and Shoulder.
I have been monitoring this pair for several months already. Price rejected the monthly key area and moved down. In these 2 weeks, however, price didn't move much. Last week, price formed the invert Head & Shoulder, but it failed to break the neckline. I am looking to see the breakout of this ascending trendline before enter the short position on this pair. The...
Price has broken and second retested the trendline and also rejected another trendline
Looking to short this pair after a pullback
Yesterday, price pushed up high to the strong resistance and rejected with the long wick. And the price has broken the ascending trendline and currently the price is rejecting the 50% fib lvl. However, we are waiting to enter the short position after the pullback is ended.
We are waiting to see the break of this short-term trendline before looking for a short entry trigger on NZDJPY
We are waiting to see the breakout of the pair. Let's see how the price react later
Pirce has reached the supply zone and tried to break the supply zone several time, but it failed. I am looking to short Gold once it breaks the support
Price has broken the trendline and formed the Head and Shoulder Pattern
After the big ran up yesterday, the price broke the Bearish Flag. However, price is likely to form the Head and Shoulder Pattern. We are waiting to see how will the price react. If the price come down, it could possibly be a Head and Shoulder Pattern while the running in the Channel
After the big down move, price is likely to form the Bearish Flag which is the continuation pattern of the bearish.
Price has stuck at the strong resistance. However, price formed a very nice round bottom and price could form the handle of the cup ( or Bullish Flag). We are waiting to see that will it be formed the Cup and Handle pattern or not?
Waiting to see a break of the support, so we can confirm the short signal