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!❤️
The stock runs hand in hand with bitcoin. It makes sense for it to keep going up being that the company stated they produced 259 BTC in the month of june. New 52 week high loading? If it can avoid a double top.
CADCHF reached a key daily structure support last week. The price formed a cute doji candle on that. Analyzing the intraday time frames, I spotted an ascending triangle formation on 1H chart. Its neckline was broken, and I bought the pair on a retest. Goals: 0.671 / 0.672 ❤️Please, support my work with like, thank you!❤️
NZDJPY is trading in a long term bullish trend. The price broke and closed above a key daily resistance this week. After a breakout, the price started a correctional movement within a bullish flag pattern on 4h time frame. Retesting the broken structure, the price bounced and violated the resistance of the flag. It will most likely trigger a trend-following...
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...
Update for GBPNZD. The price successfully broke and closed above the neckline of a cup & handle pattern on a daily time frame. It is a very important bullish signal. Taking into consideration that the market is trading in a long-term bullish trend, probabilities are high that the pair will keep growing soon. Next goal - 2.096 ❤️Please, support my work with...
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!❤️
🐂 Trade Idea: Long - BWA 🔥 Account Risk: 1.00% 📈 Recommended Product: Knockout 🔍 Entry: +/- 48.28 🐿 DCA: No 😫 Stop-Loss: 45.29 (46.67 for aggressive trade) 🎯 Take-Profit #1: 51.05 (50%) 🎯 Take Profit #2: - 🎯 Trail Rest: Yes 🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all...
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,...
On a today's live stream, we discussed AUDCAD. The price formed a double bottom on a key daily support. Trading in a long term bullish trend, the market broke and closed above the neckline. We already took a long trade with my students. Growth is expected now. Goals: 0.9054 / 0.9077 ❤️Please, support my work with like, thank you!❤️
Today's focus: GBPUSD Pattern – HH HL continuation Possible targets – 1.2683, 1.2980 Support – 1.2305, 1.2493 Resistance – 1.2640, 1.2660 Today’s focus is on the GBPUSD after buyers made another strong move higher on Wednesday. That move continues the series of HLs and HHs this is a good thing to see in the current short-term uptrend. As discussed in today’s...
GBPAUD formed a tiny head and shoulders pattern on a solid horizontal intraday supply zone. I expect a bearish move from that area. Goal - 1.8596 ❤️Please, support my work with like, thank you!❤️
GBPCHF is trading within a wide horizontal daily zone of demand. Take a look how the price reacted that that area on 1H time frame: first, the price broke and closed above a resistance line of a bullish flag pattern, a double bottom pattern was formed and its neckline was broken then. Chances are high, that we will see a pullback from the underlined...
AUDCAD was steadily growing within a rising channel after it set a new lower low around 0.88 level. The price reached a key horizontal resistance on Friday. After the test of the underlined blue zone, the market dropped and violated a support line of the channel. I expect a bearish continuation now. Goals: 0.8837 / 0.88 ❤️Please, support my work with like,...
There Price Too High/ Too Low in the market. My perspective, GBPAUD still going up. Disclaimer On, trade safe.
Today's focus: EURGBP Pattern – Range/Descending Triangle Possible targets – .8600 Support – .8670 Resistance – .8705 Today’s update, will we see the EURGBP make a new push lower, confirming its descending triangle pattern? Price broke the main trend setting up its first leg lower. From that point, we have seen a consolidation set-up with a bearish pattern in...
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 ...