Past price movement has shown the current area we are in as a Support. Price has met this area, formed a congestion and broke to the upside. Price will now test this congestion and we wait for confirmation to buy.
With price moving in downtrend, the market reversal hit a double top and broke our neckline, price has retested and now about to fall again.
Good day fellow traders. Here we have a analysis on the EURUSD. Price on this pair has been moving slightly bullish the past week, this week though price is set to meet its ceiling and reverse to the downside.
Morning Traders, A beautiful sell on AUD USD has emerged. Overall market direction is bearish, price has created a double top and broken the neckline and now it has come for a retest. On the lower timeframe we wait for confirmation and take an execution on market.
Price came form downtrend, Market structure has been broken and HL has been tested. Target is set at Previous Major High.
After a big selloff price is completing its move toward the bottom of the previous flag formation
The EUR/USD pair has been trending down for a long while now, it is currently testing resistance and is on the 3rd touch in the trendline. We can wait for candlestick confirmation and then take the trade.
From market moving in a sideways direction. sellers broke through support. Bulls pusged price back up but the pressure has been coming mostly from the sellers in the market. Wait for 4H candle stick to close as bearish engulfing candle the place sell and MILK IT!!