NZDJPY is trading within a wide horizontal trading range on a daily.
The price was stuck on its upper boundary for 2 weeks.
A double top pattern was formed.
The price has successfully violated its horizontal neckline last week.
I believe that the pair may go lower.
Goals: 82.4 / 81.6
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AUDJPY reached a key daily resistance yesterday.
The price formed a descending triangle formation on 1H time frame approaching that.
Its neckline was broken then.
I think that the pair will drop lower soon.
Goals: 91.06 / 90.7
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EURGBP formed a huge ascending triangle on a daily time frame.
The price was nicely respecting its horizontal neckline for some time.
It was finally broken yesterday with a strong bullish candle.
Now, the broken neckline of a triangle and its trend line compose a contacting demand area.
I suggest waiting for an occasional retest of that area, expecting a...
I spotted a solid rising trend line on NZDCAD on a daily time frame.
The price dropped to that last week.
Testing that, the pair formed an inverted head and shoulders pattern on an 1H time frame.
Its neckline has been recently broken & retested.
I expect a bullish movement to 0.8675 / 0.8696 levels now.
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Update for NZDJPY.
The price has nicely respected a resistance that we spotted yesterday.
The price formed a double top pattern on 4H testing that.
Its neckline has been just broken.
The pair will keep falling to 83.68 / 83.11
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AUDUSD is approaching a key daily structure resistance.
To catch a pullback from that, watch a 4H time frame.
I spotted a rising wedge pattern there.
Wait for a bearish breakout of its support (4h candle close below).
It will most likely initiate a correctional movement.
Goals will be 0.6925 / 0.6888
Alternatively, a bullish breakout of the underlined blue...
AUDJPY broke and closed above a key structure resistance.
Now, we see its retest.
The price formed a double bottom pattern approaching the broken area.
I expect a bullish continuation to 92.72 / 93.2
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Update for NZDCAD.
Yesterday, we spotted a confirmed breakout of a key horizontal structure
and we underlined a zone from where we should look for buying opportunities.
Testing the underlined zone, the price formed an inverted head & shoulders pattern this night.
Its neckline was broken.
I expect a bullish continuation now to 0.866 / 0.86975
❤️If you have...
Update for AUDUSD.
The price has successfully broken and closed below a support line of a rising wedge pattern on 4H.
Now, the pair attempts to retest that.
Probabilities are high that the market will drop soon.
Goals: 0.6923 / 0.6888
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Gold is on the major bullish trend we have to move with the trends folks and we will fly with the gold so now maybe a samll retracement and it will flow the last high which is 1832$ and we take a small ride on it after the few retracement
Hi Everyone,
Wanted to share my idea on where i think gold is heading for the next days, using price action, support and resistance zones and the Fib Levels.
We can see that Gold did a solid move downwards and now seems to be in a pullback, if we enter now i think its fair to expect a pull back to the 38 and 50 level which are our TPs. Gold also broke the...
US30 dropped to a key daily structure support.
Analyzing a reaction of the price to that, I spotted a head & shoulders pattern on 1H.
Its neckline has just been broken.
I expect a pullback to 33000 / 33200
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
GBPAUD is trading within a wide horizontal trading range on 4H.
The price is currently coiling around its resistance.
To short with a confirmation, watch 1.8128 - 1.8166 area.
It is a neckline of a double top pattern.
We need a 4H candle close below that to confirm its breakout.
Short aggressively or on a retest then.
Goals will be 1.808 / 1.803
If the price...
Update for AUDJPY.
The price was nicely rejected from a resistance line of a falling parallel channel on a daily.
To short with a confirmation, pay close attention to 92.4 - 92.55 area.
It is a neckline of a head and shoulders pattern that I spotted on 4H.
Wait for its bearish breakout (4H candle close below), sell aggressively or on a retest then.
Goals will...
