USDCAD is approaching our first support 1.3198 (Horizontal swing low support, 100% fiboancci extension, 50% Fibonacci retracement ) and a strong bounce might occur pushing price up to our major resistance at 1.3269 (Horizontal overlap resistance, 50% fibonacci retracement ). Stochastic (34, 5, 3) is also approaching support and we might see a corresponding rise...
By the grace of Allah the most high in my previous ideas the TNTBTC gave 92 percent and 28 percent respectively. This time it has completed the gartley pattern and the price action is in PRZ insha Allah. I have defined the targets accordingly plz find on chart.
Pattern to complete lower. Will be watching out for this trade
Previous day candle shows at bearish Doji candle, rejection from the resistance area . Oh the 4-hour chart, it shows three black crows pattern which is used to predict the reversal of a current uptrend. A risk to reward of 1.66. All investment comes with risk. Trade at your own risk. Open to ideas and sharing from all passionate traders, please comment and share...
A potential UG (Unified Gartley ) pattern is setting up on gbpaud . Good luck.
USD/JPY is moving on an uptrend Current Price: 110.993 Next Resistance: 111.318 Next Support: 109.744
GBP/USD testing support U.S. Retail Sales m/m Price Movement Since yesterday, GBP/USD moved up by around 40pips before coming back down for around 90pips. Trend GBP/USD is trending downwards. The U.S. Retail Sales data measures the change in the total value of sales at the retail level. It is scheduled to be released tonight at 2130 (SGT). It is...
Possible cup and handle . Details on the chart. This is my viewpoint and my opinion. I am not giving advice but only sharing what I see.
From my point of view, GBPAUD may be at the end of a distribution phase, having completed a H&S pattern. I see the beginning of the markdown phase just around the corner. The best scenario would be for it to make another lower low, breaking the support, retesting it, and then dumping the price.
Cad/Jpy on 61% retracement level might see a sell off on the pair
HELLO EVERYBODY, WOULD NZDCAD CRASH 500 PIPS IN SHORT PERIOD OF TIME? YES. THIS IS VERY POSSIBLE.