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!
Potential break of the downtrend channel & resistance broken. Now coming for a retest before making a strong move to the upside!
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..
Htf analysis indicates we are still bullish, and with the dollar continuing to fail, we should expect the retail stops to be taken one by one. We have had a break in market structure after raiding stop of those who are already long. expecting price to reach institutional level of 0.9 1700+ pips reward from current market
Price is in a clean downtrend.. 600 Pip move since the last double top after its channel breakout. Lets see if price can make its way back to the bottom
4 hour candle close breakout confirmed, now looking for shorts down to the next area of support..
Looks like a potential double bottom off strong daily support, waiting for a daily closure for potential longs. I would now be buying the pullback (lower high) completion before a potential new low..
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..
i short Nzdusd because: he is overbought he outperform and all currencies even the Cad who is the most strong after he is touch many time the down T-line since 27july high and no pass he is supported by commodities so i try a small short for 50 pips 2 x 1lot will cut 1 lot at +15-20 pips and make the second lot with SL at +5-10 pips for secure gain and be safe
Waiting for a daily closure, price has made its 3rd touch to its downtrend line..
Resistance broken, price is now headed to the next level of resistance. Bulls continue to march ...
Price now is sitting on strong weekly support, making a higher low & is in an uptrend, I will be watching for buy positions on this pair
Patiently waiting on this pair to play out & break its counter trend line + retest for longs, & complete its abcd pattern.. Previous resistance now support holding nicely, now its just a waiting game.
Price made a double top at daily resistance, & price is forming a bearish flag pattern after breaking its uptrend now making lower lows & lower highs.. Lower high complete, now looking for another potential lower low : ) Lets see if we can get a completion of the head on shoulders pattern!
Looks like price broke out of its bearish channel with a bullish engulfing candle, now we could see some more potential upside price action to complete the bigger picture Head on shoulders pattern where we could get a strong move to the downside from that point..