I have perfectly predicted an intraday bearish movement after a breakout yesterday. Analyzing a 4H time frame, we can spot an intraday consolidation now and a formation of a horizontal range. The next bearish wave will be confirmed after a breakout of the support of the range. 4H candle close below 0.5808 will confirm a violation. A bearish continuation will...
CHFJPY reached a solid horizontal daily support. After its test, the pair started to consolidate on an hourly time frame within a narrow horizontal range. The support of the range was broken then. It is an important sign of strength of the sellers and it signifies a highly probable pullback. Target - 165.63 ❤️Please, support my work with like, thank you!❤️
Even though, EURAUD is trading in a long-term bullish trend, we can not deny the following bearish clues: First, the pair violated a support line of a rising parallel channel and closed below that on a daily. Second, the price formed a descending triangle formation and broke its neckline as well. We have 2 important bearish confirmations now. The market may...
NZDJPY is taking off from a solid rising trend line on a daily. Testing that on a 4h time frame, the price formed a double bottom with a higher low. Its neckline has just been broken. I expect a further growth to 0.8715 ❤️Please, support my work with like, thank you!❤️
On the today's live stream, we discussed AUDCHF. The market is trading in a long term bearish trend. In the middle of August, the market started a correctional movement within a bearish flag pattern. After the price reached the confluence zone between a horizontal resistance and a falling trend line, the market dropped and violated a support line of the...
USDJPY is currently consolidating within a horizontal range. Taking into consideration the fact, that the pair is trading in a long-term bullish trend, probabilities are high that the market will resume the growth soon. Your confirmation will be a bullish breakout - a daily candle close above 146.6 - the upper boundary of the range. A bullish continuation...
GLENMARK PHARMA Key highlights: 💡⚡ ✅On1day Time Frame Stock Showing Breakdown of Double Top Pattern . ✅ Strong bearish Candlestick Form on this timeframe. ✅It can give movement up to the Breakdown target of 710-. ✅Can Go short in this stock by placing a stop loss above 795+.
EURGBP was falling for some time within a channel. After a test of a key horizontal support, the price bounced and violated the resistance line of the channel. It is an important sign of strength of the buyers and a highly probable bullish continuation. Goals: 0.8615 / 0.8628 ❤️Please, support my work with like, thank you!❤️
TVS MOTORS CO Key highlights: 💡 ✅On 1 Hour Time Frame Stock Showing Reversal of Double Top Pattern. ✅ It can give movement upto the Reversal final target of below 1345-. ✅There have chances of breakdown of Support level too. ✅ After breakdown of Support level this stock can gives strong downside rally upto below 1290-.
Gujarat Narmada Valley Fertilizers & Chemicals Limited Key highlights: 💡⚡ 📊On 1D Time Frame Stock Showing Reversal of triangle Pattern. 📊 It can give movement upto the Reversal target of Above 606+. 📊There have chances of Breakout of Resistance level too. 📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 665+. 📊 Can Go Short...
GBPCHF formed an ascending triangle formation on a daily time frame. Its neckline was broken on Friday and the market closed above that. I will expect a bullish continuation on the pair. Next resistance - 1.1225 ❤️Please, support my work with like, thank you!❤️
AUDCHF has recently broken and closed below a major rising trend line. We see its retest today. The price formed a descending triangle formation on that. The neckline of the pattern was broken. It is an important indication of the strength of the sellers. I expect a bearish continuation now. Goal - 0.5872 ❤️Please, support my work with like, thank you!❤️
No surprise, GBPJPY is trading in a bullish trend. However, after the price reached, 183.77 level at the end of June, the pair started to consolidate. The market formed a cup and handle pattern on 4H time frame. Its neckline breakout will be a very strong trend-following signal. 4H candle close above 183.88 will confirm the breakout. A bullish continuation...
The market peaked in a rising wedge pattern completing leg V of a major contracting triangle. Price action ahead is about to drop in a bearish impulse wave.
Hypothetical scenario for the price action based on a possible wave count aiming demand zones and important levels to watch during the expected price decrease.
EURGBP broke and closed above a solid falling trend line on a daily. We see its retest now. The price formed a double bottom formation on that and violated its neckline with a high momentum bullish candle. I expect a growth now. Next resistance - 0.8622 ❤️Please, support my work with like, thank you!❤️
AUDCAD is approaching a key horizontal daily support. Testing that the price formed a double bottom formation on 1H time frame. 0.9 - 0.9002 is its neckline. If the price breaks and closes above that on an hourly, I will expect a bullish continuation. Goals will be 0.9023 / 0.904 ❤️Please, support my work with like, thank you!❤️
EURGBP is consolidating on a key level. The price formed a horizontal range on 1H time frame. To buy the pair with a confirmation, I would suggest looking for a breakout of the resistance of the range. 4H candle close above will confirm a violation. Buy aggressively or on a retest then with initial target - 0.858 level. ❤️Please, support my work with like,...