GBPJPY on the weekly has hit a resistance, similar to GBPUSD. Mostly due to the United Kingdom's vaccination pace, re-opening schedule guaranteed which means business can now prepare to reopen. However we are seeing U.S. yields rise on anticipation of a potential inflationary period in the U.S., this adds some strength to the dollar and money flowing from other...
We should see another test of 1770
EU looking for buys once it breaks the Flag pattern.
Not much needs to be said about this setup aside from the fact that price has currently pulled back into a previous level of structure offering an excellent opportunity to reload your longs. Sometimes simple is better Akil
That 50 day MA following that bottom trendline looks like a very appealing support to push through that upper resistance
- DXY was developing in a bearish flag pattern - Perfect break and retest of the support trend line - Structure is pushing down - Overall trend is bearish - ( Candlestick ) Bearish Signal - Plan is to go SHORT on DXY - Take the trade when your rules are fulfilled A BEARISH MOVE is probable in this market.
A continuation to the downside could be on the cards for EURCAD
Heineken is heading for another move up after it has been consolidating within a bullish flag pattern. My target is €100.
Green ray is where I buy, Red ray is stop loss White lines upper tips are the TP (50% on the lower, what’s left on the higher)
Hey everyone Here's a look at the EURO DOLLAR from the 4H chart for perspective and direction on lower time-frames hope everyone is good having a good one, the euro / dollar broke out of the descending channel strucutre pushed down for a retest but saw continuation to the upside as momentum was strong with the bulls, looking for a continuation of this move we...
Presented is a brief directional analysis using the 1 hr chart. The trend continued its sell off to start the week following last weeks close. For continuation sentiment I analyze the day chart. Here I see a retest of the next support (very near). This is a great opportunity for buyers to be patient for a potential pivot. Strong sentiment would lean towards sell...
Looking for trend continuation after another bullish flag.
camarilla + cpr. monthly level breakout targets. targets within the month are H5.