We are selling this pair from a strong resistance level we already achieved our target on this pair have look on our past post on this pair as we see strength in CAD because of higher oil price after open lockdown so we trade this pair with low risk and higher rewards guys if u like our idea kindly support us we appreciate ur likes and comments follow us for...
With over 170pips in our direction since my last publication (see link below for reference purpose), the British Pound appears to begin a new wave of Bullish run as it completes a 50% retracement at Demand zone (neckline) since Breakout occurred at the beginning of the month (July 2020). Tendency: Uptrend ( Bullish ) Structure: Double Bottom...
A similar scenario with GBPJPY: after hitting a Double Bottom in June 2020, The Pound began to build a Reversal structure this month (July 2020) as it Breakout of the neckline (1.69750 level) last week. Tendency: Temporary Uptrend ( Bullish ) Structure: Double Bottom | Support & Resistance Observation: i. Our Double bottom describes a change in trend which...
Pattern: Triangle on 1D. Signal: Bullish as: a) the MACD made a Bullish Cross, b) the price broke above both the 1D MA20 and 200. Target: 1.7600 (below the Symmetrical Resistance). Make sure to book profits if you see the price struggling on any of the two Lower Highs trend-lines. ** Please support this idea with your likes and comments, it is the best way to...
Vamos a ver como nos trata este corto en la sesión de Londres.
price is going up hence its keep performing a morning star candle stick pattern and getting a support from middle bollinger band too. high probability to price up. Note: Trade at your own risk
Pattern: Channel Down on 1W. Signal: Bullish as the price rebounded on the 1M Support Zone. Target: 1.72000 (projected contact with the 1W MA200) and 1.78000 in extension (1W Resistance).
Pattern: Rectangle on 1D. Signal: Bullish if the price gets near the Support. Target: 1.77000.