ETHUSDT is testing the 2020 ATH and ascending channel resistance. RSI is printing a bearish divergence signal. The market is printing a rising wedge pattern. Sell entry ⬇️ - breakdown below the rising wedge support + previous swing low. Target - mid channel, channel support.
USDCHF is testing the descending triangle support as expected from my previous analysis. RSI printed a bearish divergence signal. The market is printing the head and shoulders reversal pattern. Sell entry ⬇️ - breakdown below the head and shoulders neckline support. Target - descending triangle support.
XAUUSD is testing the minor ascending channel resistance. The market is printing a pennant chart pattern. Sell entry ⬇️ - breakdown below the pennant support. Target - fibonacci retracement levels, channel support.
GBPNZD brokeout bounced off the descending channel support and falling wedge resistance. Buy re-entry ⬆️ - fibonacci retracement levels Buy confirmation - breakout above pullback trendline resistance. Target - downtrend resistance
NZDUSD is testing the ascending channel resistance. RSI is overbought on a daily timeframe. Double top reversal pattern was printed on 4H timeframe. Reversal candlestick pattern was printed on daily timeframe. Target - mid channel, channel support.
XAGUSD brokeout above the ascending triangle resistance as expected from my previous analysis ✅. Breakout was also confirmed on RSI pattern breakout.
LTCUSDT bounced off the channel support + 0.5 fibonacci retracement level as expected from my previous analysis ✅
NZDCAD is printing a double top reversal pattern. Sell entry ⬇️ - breakdown below the double top neckline support. Target - fibonacci retracement levels.
XAGUSD is printing an ascending triangle pattern. Breakout is imminent. RSI pattern breakout as confirmation. Possible price actions indicated.
GBPNZD bounced off the descending channel support, breaking out above falling wedge resistance as expected. Price is approaching channel resistance. Possible price actions indicated.
GBPAUD is testing a long term pennant chart pattern support. The market is printing the inversed head and shoulders reversal pattern on the weekly timeframe. Buy entry ⬆️ - breakout above the inversed head and shoulders neckline resistance. Target - Pennant resistance
CADJPY brokedown below the descending triangle support as expected from my previous analysis ✅.
AUDCAD brokeout above the downtrend resistance. Price is testing the horizontal resistance level. RSI is printing a bearish divergence signal. Bearish pin bar ( shooting star ) formed on 4H timeframe. The market is printing a rising wedge pattern. Sell entry ⬇️ - breakdown below the rising wedge support + previous swing low. Target - fibonacci retracement levels
GBPNZD is testing the descending triangle support. We could see a bounce off the triangle support ⬆️ or a breakdown below the triangle support ⬇️.
AUDUSD is testing the trendline support. The market is printing a descending triangle pattern. RSI printed a bearish divergence signal. Potential retracement to fibonacci retracement levels Sell entry - breakdown below the descending triangle support + trendline support ⬇️