Potential abcd pattern here, price could now be in an uptrend making higher highs & lows. Higher low completed, now a new higher high up to strong Weekly resistance is potential
Price broke out of its initial downtrend, now making higher highs & lows. Another touch to the daily uptrend line is possible before a continuation to create a new higher high!
At a very important decision making zone right now sitting on previous resistance now strong daily support.. Price is in a uptrend making higher highs & lows, I will keep my eye closely on this for CAD news in the morning!
Double bottom to daily support, now price broke its CTL now moving up to create new potential highs!
Watch for a breakout of channel for potential buy opportunities
Price respecting its uptrend, price looking to reach previous resistance again, & from there could potentially break & make new highs
Potential break of the downtrend channel & resistance broken. Now coming for a retest before making a strong move to the upside!
CPI for gbp in about 6 hours for now, im looking for a break of resistance for potential longs up to the 1.34200-1.34500 area.. Price may finally get a breakout of this range it has been moving for some time within. More confirmation needed before executing this trade!
Price made a strong move & broke above its downtrend line, now looking for entry on the retest of the 38.2%/50% fibonacci level for buy opportunities. If you take a closer look the retest could form a nice inverse H&S pattern, showing great confirmation! : ) Trade safe!
Watch for a break & retest of the downtrend line for potential longs, price closed with a strong bullish engulfing candle, & bounce off a strong weekly reversal zone, price could now be ready to change trend direction will be watching closely..
Price broke its channel to the upside, came back to retest & looks to have closed back above 89.000 Key level. CAD rate hikes this coming week we may see a strong move higher !
Price broke & closed above resistance 1.22000, however I would like to see a potential higher low retest to the broken trendline / previous resistance turning support..
Price looks to have broke its daily downtrend, rejecting daily support with a doji candle as well. 20 MA crossing over the 50 MA showing some bullish momentum is about to take place. Lets observe..
Price respecting its uptrend line, making its 3rd touch before pushing to the upside. Price broke its CTL, now coming for a retest, & should continue up to its next area of daily resistance ..
Price made a big time fakeout yesterday, now looks like price broke above resistance & is now retesting turning into support now. Watching for a daily closure for potential buy positions.
Price now trying to break its counter trend line & resistance, watch for a close above & a retest for a potential new higher high..
Price now completing its higher low, sitting on previous consolidation now acting as support, will we be seeing a new higher high shortly?!
CTL Broken, higher high still waiting for completion. Resistance level now turned support ready for a continuation higher now !