NZDJPY is in strong bullish trend.
As the market is consistently printing new HHs and HLs, seems good buying opportunity.
currently the market is retracing a bit after last HH, which is also the 50% 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...
EURNZD is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the sell momentum continues the next target could be 1.7945 region.
What you guys think of this idea.
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
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.
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.
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
AUDJPY was trading in bullish parallel channel and then has given very strong break out from channel. Currently the price is retesting the broken levels which is also a 38% fib retracement and it seems like the bears will take control again and send the price even lower level.
What you guys think of this idea?
NZDCHF is trading in descending channel and perfectly following technical setup of break and retest of structure.
Currently the pair is retesting the previous broken support as a resistance.
Will the NZDCHF follow this pattern and head lower again?
GMXUSDT is trading in bearish channel and smoothly following technical pattern of break and retest of structure. currently the instrument is retesting the broken support level and seems like it is getting ready for another sell off.
VGXUSDT has broken very important support zone and currently retesting that support. As the price is under 50 EMA pressure it seems like after successful retest of broken structure price may head even lower.
MATICUSDT is trading in symmetrical triangle and break through very strong support. As the the price is respecting falling trendline, it seems like a retest of broken level can initiate another sell off.
EURUSD has broke through important support zone and one of the inclining trendline. and currently testing the broken support as a resistance around 1.0900 region. Will the pair hold bearish trend and move even lower?
OAXUSDT was in bullish trend and broke the resistance area around 0.1988 region. Currently the instrument retesting the broken level and seems like it will also provide the 3rd pivot to inclining trendline around 0.1915 region.
Will that region be a good buying option ?
ZECUSDT broke through strong support and is under sell pressure. Currently the instrument is consolidating and seems like it will retest the broken level around $31 region, which is also the 3rd pivot for declining trendline.
CELRUSDT is looking very week and trading under long time bearish trendline. Currently trading at support zone but seems like support zone will not be hold for so long. Will it break through this level to continue its trajectory ?
