EURCAD is trading on a key horizontal resistance. To short the pair with a confirmation, watch a descending triangle formation on 1H time frame. If the price breaks its neckline, that will give us a trigger to short. To confirm the violation, we will need an hourly candle close below 1.4607. A bearish continuation will be expected to 1.4579 / 1.4555 ...
USDCHF pair is trading in a minor bullish trend. The price sets higher lows, perfectly respecting a rising trend line on 4H. The market is approaching the trend line at the moment, To confirm one more bullish move from that, watch an inverted h&s pattern on 1H time frame. Our trigger will be a bullish breakout of 0.8998 level - the neckline of the...
TP is 1.35404 Based on the price action and gaps that happened, the USD/CAD will rise up to 1.35404. CAD is always best for traders. Good LUck
The CHF always has the power of the market, but today the gaps did not allow the CHF to have such an opportunity and this currency has predicted the way to rise. TP is UP to 0.56612
NZD/CAD always has a good growth due to the presence of CAD. Therefore, TP can be up to the price of 0.84910 and it can rise based on the gaps that happened. TP is 0.84910
S&P500 Index reached a key horizontal support. The price formed a double bottom, approaching that, and successfully broke the neckline. I expect a pullback at least to 4100 with a potential continuation to 4130. ❤️Please, support my work with like, thank you!❤️
EURNZD reached a key level. The price was steadily falling within a channel. After the test of structure, the resistance of the channel was broken, a double bottom formation was formed then. I expect a pullback. Goals: 1.783 / 1.793 ❤️Please, support my work with like, thank you!❤️
Analyzing a price action on GBPCAD on a daily time frame, I spotted a perfect example of a Cup & Handle pattern. The price has already broken and closed above a neckline, confirming the strength of bulls. I expect a bullish continuation to 1.707 / 1.724 For entries, consider the occasional retest of a broken neckline. ❤️Please, support my work with like,...
AUDCAD reached a very important zone of confluence this week: we see a perfect match between a key horizontal daily support and 618 retracement of the major bullish impulse. The price formed a double bottom pattern on that and violated its neckline. It looks like the market may go higher. Goals: 0.9118 / 0.92 ❤️Please, support my work with like, thank you!❤️
CADJPY reached a key horizontal daily resistance this week. Analyzing the reaction of the price to that on intraday time frames, I spotted a head & shoulders pattern and a rising channel. The price manage to break both the neckline of h&s and a support line of the channel. It will most likely trigger a bearish continuation. Goals will be: 99.59 / 99.1 ...
NZDJPY has recently reached a major horizontal supply zone on a daily. The price was coiling on that for many days, forming a horizontal range on 4H time frame. Its support was broken today. I believe that sellers will keep pushing the pair. Targets: 86.6 / 80.77 ❤️Please, support my work with like, thank you!❤️
Chart shows that stock is near important resistance near 277 and also following a trend line which combine make a ascending triangle pattern breakout above 277 will give target to 279.5 and 282 . If stock breaks trendline and important support of 273.8 than stock might fall till 271
AUDNZD is trading in a bearish trend. The price is currently accumulating within a descending triangle formation. 1.067 - 1.069 is its neckline. If the price breaks and closes below that on a daily, probabilities will be high that the market will drop lower. Next support will be 1.0627 ❤️Please, support my work with like, thank you!❤️
NZDCAD formed a head & shoulders pattern on a daily time frame. Its neckline was successfully broken yesterday. I expect a further decline on the pair. Targets: 0.84 / 0.837 ❤️Please, support my work with like, thank you!❤️
Update for GBPNZD. It looks like the price has nicely respected a broken triangle. The price formed a bullish engulfing candle on a daily. Bullish bias on a pair remains. Goal remains unchanged - 1.997 ❤️Please, support my work with like, thank you!❤️
CHFJPY has nicely respected a confluence zone based on a horizontal 4H resistance and a 0.5 retracement of the last bearish impulse. The price formed a double top pattern on that and broke its neckline. Probabilities will be high that the pair will drop lower soon. Goals: 141.172 / 140.363 ❤️Please, support my work with like, thank you!❤️
Update for my Friday's post on EURCAD. The price has perfectly respected a horizontal key level on a daily: after a formation of a double bottom pattern on 4H, its neckline was successfully broken. Now, a bullish continuation is expected. Targets: 1.469 / 1.4735 ❤️Please, support my work with like, thank you!❤️
EURCAD is approaching a peculiar horizontal demand zone. The price formed a doji candle, testing that on a daily. Analyzing a 4H, I spotted a double bottom with a higher low. 1.458 - 1.462 is its neckline. If the price breaks and closes above that on 4H, I will expect a bullish movement. Goals will be 1.469 / 1.473. If the price sets a new low though, the...