Price with double top rejection Huge impulsive drop to the downside GBPAUD SELL EnTrY: 1.76756 SL: 1.77067 TP: 1.74666 RRR: 1:6.85
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 ❤️Please, support my work with like, thank you!❤️
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...
Gold is actually in the major zone guys so wait for the breakout all the things are explained in the video and enjoy
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 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
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...
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...
GBPUSD we are sitiing on the major trend in the zone let have wait and sell off after the confirmation
This is what we are expecting in the gold scnerio and the wait for the confirmation after retesting the level and take bag haevy
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...
Very peculiar situation on AUDJPY. The market is trading within a falling parallel channel on a daily and approaching its resistance at the moment. Depending on the reaction of the price to that, I see 2 potential scenarios. Bullish If the price breaks and closes above the resistance of the channel, it may initiate a bullish continuation. Goals will be 93.7 /...
USDCAD looks very bullish. We can see that by looking at the bigger picture, the pair is in a nice strong uptrend. This can be confirmed with the breakout of a counter trendline as well as price action turning bullish with breakout of our key level being the lower high. We are expecting to hold trade for around 3-4 weeks. We are looking to make between 10% to...
USDJPY is approaching a horizontal daily supply area. To short the market with a confirmation, watch a head & shoulders pattern on 4H. 135.95 - 136.35 is its horizontal neckline. Wait for its bearish breakout - 4h candle close below, then, sell aggressively or on a retest. Target will be 134.28 If the price sets a new high, the setup will be invalid. ❤️If...
EURAUD is trading within a horizontal trading range on a daily. Approaching its upper boundary, the market was rejected. The price formed a head and shoulders pattern on 4H time frame. Now, we see its neckline breakout. I expect a fall to 1.546 / 1.532 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Hey traders, Yesterday, on a live stream, we discussed AUDUSD. The pair formed an ascending triangle formation and broke and closed above its neckline then. It will push the market higher. The next goal for buyers - 0.689 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️