NZDACD has been forming a consolidation cluster in what seems to be a preparation for strong bullish rally. CAD overall appears to be weakening which may add momentum to the brewing rally.
Happy Trading
-----------------------------------------
This idea is for entertainment purposes only, and must not be construed as an investment advice.
Looking at the church, It seems to me that breakout to the upside is more probable. However, it always wise to wait for price to confirm it to us.
Happy Trading
-----------------------------------------
This idea is for entertainment purposes only, and must not be construed as an investment advice.
Happy Trading
-----------------------------------------
This idea is for entertainment purposes only, and must not be construed as an investment advice.
Could this play out?
Happy Trading
-----------------------------------------
This idea is for entertainment purposes only, and must not be construed as an investment advice.
It seems like the party for bears is momentarily over as bulls seem preparing to charge upward. At present, buyers are promising than sellers.
Happy Trading
-----------------------------------------
This idea is for entertainment purposes only, and must not be construed as an investment advice.
AUDCAD seems now about ripened to fall from the highs. However, the pair is still bullish, and the said falling may be just a retracement by sellers.
Happy Trading
-----------------------------------------
This idea is for entertainment purposes only, and must not be construed as an investment advice.
XAUUSD looks due to extend its bearish leg before heading up again. Sell opportunity looks more probable.
Happy Trading
-----------------------------------------
This idea is for entertainment purposes only, and must not be construed as an investment advice.
It seems to be me that sellers are in control going forward in the week.
Happy Trading
-----------------------------------------
This idea is for entertainment purposes only, and must not be construed as an investment advice.
USDZAR is leaning downwards, with probability for bearish impulse reckoning high.
I will ignore any buy setups and focus on the sell side during the upcoming week.
Happy Trading
-----------------------------------------
This idea is for entertainment purposes only, and must not be construed as an investment advice.
Bulls appear to have probable prospects here. The chart speaks for itself. The confluence of the demand zone with the rising trendline provide for stage for high-probable bull run.
Bulls have been having a hard time lately and this week their exhaustion got pronounced. Both weekly and daily, including the 4H timeframe are giving strong hints into a more probable trend reversal. This week's Pin Bar may commence a selling pressure which in turn may begin a bear market. This trade clearly offers an opportunity highly lucrative for swing...
