with the first and second target being displayed, expecting gbpaud to see the 1.7500 resistance zone and above, after a deep fib retracement and some technical analysis
USDCAD which has been on a downtrend had broken our weekly support key zone now turned resistance, retraces coming back to retest, gives us a double top inline with our ema, rejection at 781 fib level, we will wait for it to break our ctl before looking to go short, but there are a lot of confluences inline already to make us consider going short. Knowing how to...
GBPAUD has broken and retested our resistant turned support zone on the daily chart, closed previous day candle was a shooting star pattern rejecting on our ema. And also considering that audusd and gbpaud negatively correlates, audusd is in an uptrend, so we expect gbpaud to drop likewise, with other technical analysis i will not clearly state here clearly for my...
euraud has been in a down trend steady making lower lows and lower highs an d you know the popular saying ''never trade against the trend''. It is one thing trading inline with the trend, another this is being able to determine the real trend. some traders tend to be trading the wrong trend thinking they are trading inline with the real trend. Euraud broke our...
cypher pattern spotted on gbpjpy , in line with other technical analysis . first and second target dispalyed
I will be looking to go long on eurchf b ased on some technical analysis reason. But there, there are confirmations to be made, before making an entry on this one. Eurchf breached my 1.17000 monthly resistance level,came back for a retest and rejected around 61.8 fib level, previously gave me a 3 strike trend line strategy. in order to make this brief and not also...
I have been watching gbpchf for a while now, going in depth to the technical analysis , you will notice that a very strong trend line on the daily candle has been broken, after giving us a reversal head/ shoulder pattern inline with my monthly support region. This rejection and reversal pattern here tells me there is bound to be a reversal, looking at the daily...
Expecting eurusd to make new highs, first and second target well displayed
USDCAD breaks and retest our counter trendline in confluence with my moving average currenly acting as resistance. breaking and closing below the 1.26651 support region is further confirmation that it will see the 1.25629 zone, completing a possible abcd pattern