Nice H&S pattern formed on Higher low on this bull uptrend... Plenty of bullish momentum and fairly clean Price action! TRADING IDEA --- NOT TRADING OPPORTUNITY!
AUDNZD longs - nice higher low on Daily and H4. Volatile rejection from current support, looking to retest/fill the gap before making the final move up. Zone marked at resistance is first major TP, the rest can be on trail stop and SL kept at breakeven. TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY!
Because I do. Looking for breakouts in Gold in 2022
We are at the top, looking to sell 1. Price movement touched supply 2. Followed by a retracement 3. we looking to short the pair
AUDUSD broke uptrendline Price formed double top pattern Pair is based below key level at 0.7415 MACD shows bearish momentum It's expected to target support level at 0.7285
I see market testing the 200 EMA on the 4H TF. Market bearish on higher TF (8H, 12H, D, W). Kindly like & follow!
Price broke downtrendline We r waiting for the price to exceed SMA 100 and the resistance level at 0.7400 to open long trade It's expected to target HVN at level 0.7465 then supply zone at level 0.7600
USDCAD is below key level at 1.2730 MACD shows bearish momentum we r waiting price to exceed level 1.2670 to open short trade It's expected to target first HVN at level 1.2510 then finally target major uptrendline near level 1.2410
NZDUSD broke uptrendline Pair is trading in downtrend Price is based below key level at 0.7245 Below SMA 100 MACD shows weakness in bullish momentum It's expected to target support level at 0.7130
NZDUSD broke uptrendline Price is based on HVN at level 0.7175 which indicates that pair is in distribution phase Below SMA 100 MACD shows bearish momentum It's expected for coming correction to target support level at 0.7065
NZDUSD broke corrective uptrendline Pair is based below key level at 0.7230 Price is based below HVN at level 0.7190 which indicates that pair is in distribution phase Below SMA 100 It's expected forming bearish Elliot wave 5 to target level 0.7050
USDCAD is trading in downtrend Price rejected from 61.8 % Fibonacci level at 1.2639 Pair is based below key level at 1.2655 Below SMA 100 It's expected for coming correction to target support level at 1.2470
Price broke downtrendline Pair is based above key level at 1.2790 Above SMA 100 RSI is in uptrend we r waiting price to exceed next resistance level at 1.2880 to open long trade It's expected forming bullish Elliot wave 5 to target supply zone at level 1.2955
EURCAD - Technical Aspect: Friday quick trade idea! Pattern: Triangle Formation Resistance: 1.53825, 1.53940, 1.54120 Support: 1.53610, 1.53500, 1.53390 A break towards upside of resistance areas, target area of 200 EMA or 1.53940 area. A break towards downside of support areas, target areas 1.53500 will come into play. How to approach this trade idea? Add...
USDCAD rebounded from support level at 1.2995 with strong bullish movement after forming false breakout MACD shows positive divergence RSI broke downtrend It's expected to target HVN at level 1.3184 then finally target key level at 1.3250
USDCAD rebounded from downtrendline with bearish movement Price is based below key level at 1.3248 MACD shows weakness in bullish momentum RSI broke uptrend It's expected for coming bearish Elliot wave 5 to target first support level at 1.3105 then finally target demand zone at level 1.2995
USDCAD broke down channel Price respects uptrendline Price is based above HVN at level 1.3177 which indicates that pair is in accumulation phase Above SMA 100 MACD shows bullish momentum we r waiting price to exceed key level to open long trade It's expected to target resistance level at 1.3490