The market structure shows a bullish bias with higher highs and higher lows forming. 🔹 Key Highlights: Price is respecting demand zones, indicating strong buying interest. Anticipating a pullback to the demand area around 0.9050 before a bullish continuation. Targeting the resistance zone near 0.9120. 📈 Plan: Watch for confirmation at the demand zone to enter a...
The pair continues its bullish trend after breaking key resistance zones and flipping them into support. 🔹 Key Observations: Strong momentum pushing price upward. Demand zones holding well, suggesting buyers are in control. Expecting a retracement to the marked support area before continuation to the next resistance zone near 166.500. 📈 Bias: Bullish. What do...
The market structure is showing a strong bullish momentum, breaking previous resistance levels and forming higher highs and higher lows. 🔹 Key Highlights: Downtrend broken with clear bullish dominance. Price respecting demand zones with impulsive pushes upwards. Potential retracement expected to the marked zone before continuation to the next resistance area...
📊 EURAUD 4H Analysis The market structure has shifted from a bullish trend (higher highs and higher lows) to a bearish one with the break of structure and a new lower low (LL). We observed: 🔹 Impulsive Move breaking the bullish trendline. 🔹 Corrective Move retesting the supply zone. 🔹 A potential continuation to the downside is expected as the market may...
This analysis highlights a potential bearish continuation scenario for EURNZD, supported by multiple confluences. 1️⃣ Key Resistance Zone (1.84250–1.84400): The price has repeatedly rejected this significant resistance area (highlighted in red), indicating strong selling pressure. The recent spike above this level failed to sustain, forming a clear bearish...
This chart highlights a potential distribution phase forming near the recent highs, signaling a possible shift from the bullish trend to a bearish trend. Key Observations: The price recently formed higher highs (HH) and higher lows (HL), maintaining a bullish structure. A key support zone is marked, which could act as a turning point if broken. The...
This chart shows the GBP/CAD pair on the daily timeframe, highlighting a strong bullish market structure characterized by Higher Highs (HH) and Higher Lows (HL). Key observations: Price is respecting the uptrend pattern with consistent HHs and HLs. A key support zone is marked, acting as a potential demand area for price reactions. The projection...