Hello Traders around the world!
Many of you are wondering what might happen on EURUSD the next few months..
As we all know, EURUSD reached a very important mass psychological level.
I will be waiting for a reversal pattern to execute a long position in this area.
Whenever I'm in the trade, I'll be moving to breakeven & I'll be risking 1%
Patience is key.
#THEPRIMES
Hello Traders !
As you can see, USDCAD has a repetitive behavior on the upper trend line on the daily chart.
On the lower time frame (4H, 1H) I will be waiting for a continuation pattern for more downside.
If the price went higher, I will be focusing on taking a reversal pattern on the upper TL.
#PATIENCEISKEY #THEPRIMES #SIMPLICITY
Hello traders!
Lets talk about USDCAD .
Since August 2021 we can clearly see that we have an ascending channel followed by a repetitive behavior till present.
Currently the price touched a rejection point at 1.30759 and broke an ascending channel on the 1H chart signaling a reversal of the price.
When the price moved lower, it formed a bearish flag and I...
What's the NEXT MOVE on GBPNZD ?
As you can see on the monthly or weekly chart, since October 2016, there is an ascending channel showing us some downside gravity on this pair.
On the daily chart, from Feb 15 2022 till present, the price might be forming a bearish flag signaling more downside movement.
Now inside the bearish flag / ascending channel on the...
