tradingmoment121

tradingmoment121

Formation of cup and handle parttern on a daily chart. A pullback into point of breakout to retest the upper line of the handle to give more room for a buy opportunity and upward move of price to the upside.

tradingmoment121

there is a short term short position for EURUSD to 1.19585. waiting for this correction before the bulls can resume back on the up side back to 1.23204. there is an hidden divergence between 1.16388 and 1.19585 which has indicate a possible short position on the short term. there is an invert head and shoulder indicating a bullish bias to 1.23204 and possibly...

tradingmoment121

AUDUSD has broken the falling wedge up north on the 4hrs TF and a Bullish butterfly patter seen Price is seen trading at 0.71424 and 0.71184 which are 78.6 and 61.8 FIbo levels respectively. if price retraces at 61.8 fibo level then we should expect the bulls to drive price up north with targets at 0.71729 and 0.72395.