monthly, bearish. weekly.there is W pattern. price retested, will move upward. will look in 4H for entry opportunity.
AUSUSD looks interesting. monthly: bearish weekly: bullish with "W" pattern formation and indecision candlestick near the resistance. Daily: bullish. 4H: market started downward movement. will look for best entry opportunity. ** more sellers are entering, other way, peoples are buying USD and selling AUD.
Monthly: bearish market. price is at resistance turned support level. weekly: looks like head and shoulder pattern. Daily: bearish. 4H: falling wedge pattern broken. Price might go down few pips before moving upward.
Currently, there is wedge formation with strong resistance level and low downward momentum. Price will reverse. GBP Is weak as there is neither buyers or sellers. EUR has added more longs(buyers) and reduce shorts(sellers). There is probabilities market will move up.
Price will make one more move to upward touching the resistance and move downward. GBP has been weak past few days as big players are neither buying or selling.
Market will make one more impulse upward before dropping.
Wedge formation in 4H, if the pattern is broken and retest, will look for a possible entry. if the price breaks up, we will look for a buying opportunity. I will wait now for confirmation.
The market is in low momentum, currently, We will wait for the price to reach the resistance and look for a probable short opportunity.
Price has tested support turned resistances and 50% level. We will look for a selling opportunity. JPY SAFE HEAVEN!
Looks interesting, price is near the resistance level.
Wedge pattern and price is near the resistances level.
waiting for an upward impulse and retest to enter the trade.
Look at the chart. I will wait for more confirmation before entering a trade.
price is near the level of 61.8 look for breakout and retest