Tow false breakouts in the weekly timeframe. I think it needs a pullback before trying a third time.
EURUSD is setting up nicely for a reversal after former a swing high at 1.09300. After creating a poor high yesterday markets, the pair looked weak going into close. I expect for the pivot at 1.08506 to act as resistance through Asia and Europe and for a reversal to take markets down to 1.07990 or the swing low at 1.07129.
EURUSD / 4H Hello traders, welcome back to another market breakdown. Technical analysis: The EURUSD currency pair has been experiencing a downward trend, with the price consistently breaking lower. Furthermore, on the monthly time frame, the price has rejected a major key level. In addition, the Dollar index DXY has also rejected a macro level, indicating...
Currently EU has bounced off our Daily Zone across the first London Session of the week. During the previous week, the first 5 trading sessions respected the previous market structure, before consequently dropping to continue maomentum on HTF's. Currently the 4hr is retesting a previous 1Hr/4hr zone 1.06. Will the Lower High Hold? Will the bear stay in control?
I'm expecting a last leg down for a WAVE 5 but I want first to see EURUSD trending a bit higher towards the 38.2% and maybe a bit above. I've set an Alarm and I'm getting ready to 'PULL THE TRIGGER"
This week, EURUSD set a new higher high higher close on a daily time frame again. The price has successfully violated 1.091 - 1.093 horizontal resistance. Now the price retraced. I will expect the next bullish wave from a confluence zone based the underlined horizontal structure and a major rising trend line. Goals: 1.103 / 1.11 ❤️Please, support my work...
EURUSD Based on DXY analysis posted below, potential to catch a move down here imo.
next level for me is 1.0900 / 1.09500 upside is limited, expecting to see a roll over soon. But not yet
Hello guys, This is an update of previous analysis (blow link). Everything is clear on the chart for you like always. In the previous analysis we said has the potential to reach the target and this happened. For now the price under the major resistance and you have to be very very careful and even consider a bull trap. If and only If the resistance base is broken...
EURGBP is trading in Descending Channel Pattern, According to chart pattern analysis, we might see downside in EURGBP till support level shown in chart. trade with stop loss and own capital risk management. views / opinions are welcome to discuss.
CADJPY has given breakout from Ascending Triangle pattern as show in chart. According to chart pattern analysis we might see upside in cadjpy towards the resistance level. trade with stop loss and own capital risk management. views / opinions are welcome to discuss.
USDCHF is breaking out of falling wedge pattern so According to chart pattern analysis , we might see USDCHF heading towards the resistance trendline. views / opinions are welcome to disucss.
USDCAD is trading at resistance level of Ascending channel pattern. According to chart pattern analysis we might see USDCAD o downside towards the support level as shown in chart. trade with stop loss and own capital risk management system views/opinions are welcome to disucss.
Hello guys, This is an update of previous analysis (blow link). Everything is clear on the chart for you like always. In the previous analysis we said that Price has the potential to break the zone, and now the price is retesting the zone and you can look for an entry signal. So monitor the price's action in the circle. on the other hand, If and only If the...
GBPUSD is trading in rising wedge pattern .currently it is trading near the resistance level . According to chart pattern analysis we might see down side in GBPUSD from current level towards support trendline 1 and later support trendline 2. Trade with stop loss and own capital risk management. vews/opinions are welcome to discuss.!
USDJPY is trading in short term Ascending Channel pattern within the long term Descending channel pattern. according to chart pattern analysis we might see USDJPY trading in Ascending Channel pattern for while and then breakout from pattern towards the down trendline resistance level as shown in chart. Trade with stop loss and own capital risk management...
EURUSD is trading in Ascending Channel Pattern . price is at upside resistance level of Ascending channel pattern also there is long term daily resistance level at current eurusd price level . According to chart pattern analysis we might see 200 pips downside in EURUSD price . Trade according to your individual stop loss and capital risk management. views and...