Euro has been comfortably above 1.04 since December 2022, On a daily chart we can see it as a diamond pattern which is a sign of a reversal of the trend. UK election will impact EURO, which is scheduled in the first week of July. Trading Diamond pattern is similar to any pattern breakout, wait for the breakout and place the stop above or below the swing.
GBP bulls are totally in control, buying the correction might be more profitable than this idea. flags, pennants, or anything. Good luck
I believe the downward correction is over, wait for the breakout, and ride the next wave up.
Gold Monthly trend is unstoppable breaching all the record highs, is this the ultimate top that gonna hold gold for months or years? The way gold is going it could easily cross 2500 even 2700. watch the breakout of consolidation, once it breaks the current top above 2450, grab some popcorn and enjoy the show.
The Price is hovering around 60k, I believe it is a pullback of the last impulse up, and now it's ready to shoot up again around 66800.
GBPUSD is consolidating and the last high was unable to break the top, looks like it's looking for a deeper correction. Sell the breakout! Stop if H1 breaks out the TOP.
Looks like USDCAD broke the bullish structure and made another bull flag to make another impulse again. confirmation buy is the breakout of the smaller structure. Good luck
Bear Chaos everywhere, Bulls are losing hope, But I see a sharp move towards the 1.4 area on GU. Good luck.
wait for the correction to ride the next impulse wave up to 1.4 - 1.44. Good Luck
Short GU for the next leg down, Hopefully, the sharp rise is just a correction and it's ready to make the next leg down before going up again. selling here is less risky with a great reward. Good luck.
The monthly Chart shows, that price might reject and make a new leg down or just break out and make higher highs. I would bet on short. Good luck.
Buy the bottom on USDCAD, The price on daily TF is currently running on a bullish pennant, Breaking the structure upward would push the price to the upper resistance level. Good luck.
Buy the dip on USDCHF, Price is looking to hit the bottom of the falling wedge, The ideal TP would be 61.8% Fibonacci of the last leg down. Good Luck.
Hello Traders, It looks like a potential bearish bat pattern on Dollar, it invalidates if the price brakes the "C" point. Good Luck, and trade safe.
Good resistance at the top, Price is trying to break the resistance, even a softer dollar did not make it pass through, the structure looks like a range of triple tops that might push it to the next support level. Good luck, and Trade safe.
There was an excellent price rejection from the Friday top, which pushed USDCAD to the bottom again. we are still looking for buys targeting significant Resistance, divergence on oscillators supports the buys as well. There might be 3 scenarios that we can see this week. Good luck.
Short the breakout on GU, Price gonna test bottom support, Setup invalidates if Price goes back up above the broken structure.
USDCAD on the support level, Bullish Reversal on H1, It's more likely that it will test the resistance above, Good luck