Price is rejecting a strong zone on the 4H. Correction is done. Next week market starts with the impulse wave. Catch it while you can. Buy the dip. Take profit is next resistance zone
Recently GBPNZD has been trending in a downtrend channel and recently made a fake breakout to the upside, Now we wait for retest before entry
Price is currently at a very important zone, Will the market break through or respect the trendline back to the downside?
On 1Htimeframe, EURGBP broke out of a descending channel. Overall trend of the market is bullish. S/L and T/P are set on the chart. Goodluck!
On the 4H timeframe, CADCHF broke out of a channel now we wait for a retracement to the level shown about before the massive fall.
On the 4H Timeframe, GBPCAD broke out of the descending channel now am expecting a retest to the previous support + candlestick stick confirmation before I enter my buy position. Stop loss and Take profit are given on the charts.
EURNZD overall trend is currently in a uptrend, What is happening on the chart is basically a retracement to the upside, I will be waiting for the channel to break before I enter a buy position. Trade safely and don't forget to use RISK MANAGEMENT, Good luck!
On the 4H Timeframe, CADJPY hit a major strong resistance and candlestick confirmation shows selling pressure, Stop loss and possible profit targets are shown on the charts. Good luck!
CADJPY Broke out of a descending channel, Price is currently at retest, So I will consider buying. Remember to use risk management.
GOLD is currently in a descending channel, waiting for it to either respect the trendline or breakthrough it, Either way patience is key.
GU broke out of the channel on the 4H Timeframe and we expect a retracement to the zones shown on the chart before the huge drop. Thoughts?