Bearish Engulfing Candle on the 4Hr chart. on the resistance line of previous broken support aligned with the 20 EMA Below 50 EMA
Since price has reached a Resistance Zone, this seems to push the price down . seeing selling pressure on the lower (1hr )time frame bearish engulfing candle decided to go short. Target might be in the support zone where we had breakout on the inversed head and shoulder neckline
FX:USDCAD USDCAD is looking bearish to me , Head and shoulder pattern, if the neckline breaks out we might see a correction t0 1.29 -1.31 .
GBPCAD Rising Wedge + double top Bearish patterns. double top neckline has been broken and now being retested. Bearish Rising wedge pattern, once lower support line is broken we might see a correction
it is currently trading in the selling zone, testing previous broken support on the 4 hrs chart , looking for the upcoming 1 hr chart candle on 13:00 ET for engulfing patterns or selling pressure and short from there. Good luck to all
1 hr chart showing a heads and shoulder, we also break support on 1 hr. bearish Reversal sell...
1HR CHART riding wedge bearish breakout , short opportunity to the support zone , sell....
If Head and shoulder neck level is broken at 1.3587 broken we might see a downward move to 1.3210
Falling wedge pattern, is about to breakout i have traced the brearish scenario and the Bullish ones, cheers, but hopefully we don't break the wedge from the bottom it will be catastrophic