AUDCAD chart in 4H time frame is printing Uptrend with Cup & Handle Pattern and observed there is no any divergence. Therefore market may seem more inclined to move in the direction of the existing uptrend. Hence I'm doing long trade with Buy Stop Order on the breakout neckline level with stoploss below at last Higher Low level.
On 1D scale, seems like bearish trend will continue as there is a Pole & Flag has formed already and no divergence is seen. So enter at the bottom of Pole, Keep S/L at previous LH and TPs as per Risk reward of1:1 and 1:2 respectively.
Bullish flag continuation pattern observed in AUDJPY Pair. There is no divergence, so there is a strong chance of bullish pattern continuation.
Hello traders! ‼️ This is my perspective on EURNZD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I wait price to go a little bit lower to fulfill the imbalance and then to reject from institutional big figure 1.80000 + FIBO 0.618 level. Like, comment and subscribe to be in touch...
Hello Everyone, The USDJPY has experienced a notable decline recently, and now it's crucial to breach the robust support levels at 152.618 and 151.877 on the monthly and daily charts for the bearish trend to persist. Presently, we find ourselves comfortably below the monthly, weekly, and daily pivot points, suggesting favorable conditions for further bearish...
Following my previous idea, when the USDCAD hit the 4h fibb retracement zone, if the USDCAD maintaining the bullish reversal it will retrace in this zone
GBPCHF - Buy Stop - Bullish Flag - Entry if Support is broken
Identified great Inverted Cup and handle formation and it trigger both targets as soon its break the neckline and now its doing a retracement. I am still suspecting it will be back from 0.006 price level which is a major resistance below the neckline and may proceed ahead with continuous downward trend.
The pair is in bullish trend and good cup and handle formation confirm this.
According to our Analysis, We are bullish for short time unless untill the structure breaks to the downward direction.The SR SL TP are given on the chart.Its according to the Wave theory.
Good Day everyone, here is an idea for a Long opportunity! Price has reach EMA and we will expect the price will continue going up. Long now for a good 1 to 2 RR. April -1 JAN (6R) FEB (1R) March (-7)
CHFUSD - Buy Stop - Bup and Handle Formation - Bullish Pattern - Entry point if Resistance is broken
This pair completed the corrective structure;the running flag.Another impulse wave may occure.Please risk 1% only . SR SL TP are given to the chart.Result will be published soon.
Hello Everyone, Early support for EURUSD appears promising, indicating potential to sustain its position above the 1-week/1-day Pivot Point (PP) and eventually consolidate a strong stance above the 1-month PP, thus affirming further upside potential. TradeWithTheTrend3344
- *Rising Wedge Reversal Pattern*: A rising wedge reversal pattern has been identified on the H1 timeframe, which is typically a bearish signal. This pattern is accompanied by bearish divergence, suggesting a potential downward movement if the price breaks below the last higher low¹. - *Resistance Turned Support*: The AUD/CHF pair has recently broken above a key...
NZDCAD - Buy Stop - Bullish Pattern - Bullish Flag - Entry if Resistance broken
Market's been an uptrend since late December, we saw a pullback then maket continued to the upside to grab liquidity, now bears are in control.we should see some downside with this pair, risk management guys.
NZDUSD - Buy Stop - Cup & Handle Formation - Bullish Pattern