Could this be the end of an ascending trend by this pair? It just closed below last previous lower high on the 1h. I'm still waiting for confirmation on the 4h. I'm looking for a 0.382, 0.5, or 0.618 fib retracement, to what's now the new resistance for a continuation to the downside. I'm expecting price to drop between 0.9763 and 0.9747. Let's see for the next...
Good night everybody, I hope everything is good! This pair is providing a buying opportunity if I get a strong bullish candlestick pattern that will trigger my entry. Price has broken higher high on the 4hour time-frame and on the 1hour is sitting at strong support level. Also the trend lines show that price is in an ascending wave. I'm patiently waiting to see...
Good Morning Traders, According to my strategy, this currency pair meets my conditions of a sell. Price broke last higher low on the 4H time-frame, thus creating a lower low. On H1, the market retraced up to a strong resistance zone, which is the 0.382 Fibonacci. I'm looking for bullish exhaustion candlesticks at this level along with a bearish pattern formation....
Watch this level, is a potential continuation for usd/cad, it can go down to even number 1.2700
This pair could go down to 126.05, I'm waiting on how price responds to it.
Yesterday February 2, 2021 we had a positive employment change for the NZD currency, and a actual less than forecast for unemployment rate, which is good for the economy. As of technical analysis, the price created a new higher high, breaking descending trend line and last lower high, now it is retesting that zone (now support). I'm waiting for an entry in smaller...
Under my trading plan and analysis, Usd/Jpy recently broke last lower high, creating a new higher high structure, the price is now retracing to a strong fibonacci support level. I want to wait and see how this pair will react to the 0.618 level, (right around 103.77). This level is also a respected zone if you go back in history. Depending on how it responds, I...
I bought Usd/cad after waiting for multiple confirmations. 91 pips in profit, looking for the next opportunity, good luck everyone!!
Gbp/jpy just hit my take profit at 133.329. 2% gained. risk reward 2:1. Following my plan. Good luck this weekend