Reversal spotted move from 1000 to 300 was painful pain looks like to be over High risk reward ratio volumes high Stay tuned for at-least 50% retracement
CHFJPY broken downtrend line now is trading in an uptrend line price above key level around 134.00 price also above SMA 100 RSI above 50 so it's expected bullish movement to the resistance level around 136.70
AUDUSD below a key level around 0.7150 price also below SMA 100 MACD shows bullish momentum weakness RSI below 50 so it's expected bearish movement to support level around 0.6920
AUDUSD trading in a downtrend price below a key level around 0.7170 price also below SMA 100 MACD shows bullish momentum weakness RSI below 50 so it's expected bearish movement to the support level around 0.6975
USDJPY trading in a downtrend line price below a key level around 127.80 price below SMA 100 MACD shows the start of bullish momentum RSI below 50 so it's expected bearish movement to support level around 125.00
A false breakout has occurred around the resistance level at 0.9593 RSI shows negative divergence MACD shows the start of bullish momentum so it's expected bearish movement to support level around 0.9415
NZDCAD formed a bullish reversal 3 drive pattern price above the key level around 0.8450 RSI broke the downtrend line above 50 MACD shows bullish momentum so it's expected bullish movement to resistance level around 0.8560
NZDUSD broke the downtrend line price above the key level around 0.6770 price also above SMA 100 MACD shows bullish momentum RSI above 50 so it's expected bullish movement to resistance level around 0.6960
AUDUSD broke the downtrend line price above key level around 0.7400 price also above SMA 100 MACD shows bullish momentum RSI above 50 so its expected bullish movement to the resistance level around 0.7615
GBPCAD broke uptrend line price rebounded from : -downtrend line -key level around 1.6440 -SMA 100 -61.8 % fib level MACD shows bullish momentum weakness so it's expected bearish movement to support level around 1.6180
EURCAD trading in a downtrend line price rejected from 38.2% fib level price below a key level around 1.3660 price below SMA 100 RSI below 50 so its expected bearish movemnt to support level around 1.3450
EURUSD rebounded from the downtrend line and key level around 1.0920 price below SMA 100 so it's expected bearish movement to support level around 1.0680
EURUSD trading in a downtrend line price below a key level around 1.0900 price also below SMA 100 MACD shows bearish momentum RSI below 50 so its expected bearish movement to support level around 1.0730
USDCAD broke the downtrend line price above SMA 100 price above key level around 1.2535 RSI above 50 MACD shows bearish momentum weakness so it's expected bullish movement to resistance level around 1.2760
NZDJPY broke uptrend line price rebounded from - downtrend line - key level around 85.15 - SMA 100 MACD shows bearish momentum RSI below 50 so it's expected bearish movement to support level around 83.00
AUDUSD trading in a downtrend line price below the key level around 0.7485 MACD shows bearish momentum price below Ichimoku cloud MACD shows bearish momentum so it's expected bearish momentum to support a level around 0.7240
NZDCAD trading in a downtrend line price rebounded from the key level around 0.8720 price below SMA 100 MACD shows the start of bearish momentum RSI below 50 if the price breaks the uptrend line it will confirm bearish movement to support level around 0.8520
Hey tradomaniacs, SPX500 just formed a fakeout above the resistance-zone aswell as the Trendline of the current downtrend: It is very likely to see more downmomentum (probably a bear-rally) as liquidity got grabbed after the break of the trendline. What do you think?