EURCAD is trading in descending channel and printing consistent LLs LHs. Currently the price is broken the important support zone then any retest of broken level will be another sell option. If the sell momentum continues the next target could be 1.4500 region. What you guys think of this idea
Is USDCHF exhausting at highs? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 0.88600. What you guys think of it
Buy GBPNZD wedge Breakout in H1 Chart Price breaks the wedge Pattern Now, its Good chance to Buy now Thank you..
EURJPY has formed expanding triangle or we can say a megaphone pattern. Usually price react extremely well to the support and and resistance of the pattern as we can witness in the pattern. Currently the price is at the resistance of the pattern , if the price start to continue dropping the next target could be 157.715 followed by 157.192.
IDUSDT is trading in descending channel and printing consistent LLs LHs. Currently the price is trading at important resistance zone which is 50% fib retracement level as well. the red candles at resistance zone Will indicate the sell pressure. If the sell momentum continues the next target could be 0.2000 region. What you guys think of this idea
AUDUSD has selling for the past 8 consecutive weeks since 12th Jul 2023 to date. Price is currently making upward corrections and i expect it to fulfill the fibo retracement conditions and then short further to the next significant level at 0.62780. The DXY is on the front foot of strengthening more and that could even ignite more shorts on AUDUSD. There is...
XAUUSD is trading in range and perfectly testing the lows and highs of the range. Ranges are best in a sense just buy the support and sell the resistance. Currently the price is hovering near the support level and seems like a fine buying opportunity. If buyers attacks the support zone , it will be the easy ride of $15.
ZENUSDT was trading in descending parallel channel and recently it seems like bulls are starting to take the charge and are about to breakout from descending channel with significant bullish divergence as well. Currently the price is forming a local support around 6.75 region. Will the bulls take charge again continue for leg higher?
TRBUSDT is trading in symmetrical triangle pattern. The price is reacting well the support and resistance of triangle. Currently the price is at the resistance of triangle where the sellers are showing good strength and seems like the price may break through the triangle. If the breakout sustain to downside ,the optimum target could be 22.80 followed by 21. What...
CADCHF is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 38% fib retracement level and the previous broken resistance might be turning as a support. if the market successfully sustain this bullish confluence the next leg high could be 0.6590
BLZUSDT is in strong bullish trend. As the market is started to print new HHs and HLs after the recent massive selloff. currently the market is retracing a bit after last HH, if the market successfully sustain the local support then the next leg up can lead to 0.1763. What you guys think of this idea and don't forget to share your idea.
HIFIUSDT is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and broken resistance which is also reacting as a support. if the market successfully sustain this bullish confluence the next leg high could be 0.6300.
GBPNZD is trading in descending parallel channel and recently it seems like the sell pressure is just being exhaust and support being created to take off. If the bulls take charge and gives breakout of channel the next target could be 2.1350. what you people think of this idea .
EURGBP is trading in symmetrical triangle pattern. The price is reacting well the support and resistance of triangle. Currently the price is had break the support level within the triangle , a successful retest of this broken level can lead the price to support of triangle.
ENJUSDT was trading under declining trendline and recently it seems like bulls are starting to take the charge and has given the breakout from declining trendline with significant bullish candles . Currently the price is retesting the broken trendline , if the retest level holds it could be a nice buying option. What you guys think of this idea?
EURAUD is trading in descending channel and printing consistent LLs LHs. Currently the price is broken the important support zone then any retest of broken level will be another sell option. If the sell momentum continues the next target could be 1.6550 region. What you guys think of this idea
The price suffered a major decline between 22nd February 2021 (0.99901) to 10th October 2022 (0.86040) and the market bulls took over to correct the price to 0.95489 on 23rd January 2023. Since then, price has been a decline for the past consecutive 8 months in a descending channel. Price is nearing a yearly trendline support level which the bulls are...
On the Weekly time frame, the last two daily candles closed below the EMA-200 dynamic support in a descending price channel within a monthly falling wedge. There was a breakout of the falling wedge which under normal circumstances would have been a bullish start at the base of it, but this decline was as a result of the rising DXY index over the week past. The...