EURGBP is in an ascending channel, but the price is in consolidation on the 4-hourly chart. Price bounced off the resistance level that was tested multiple times before. Look left. We expect the price to retest the support levels and further move down to the support levels. ------------------- Share your opinion in the comments and support the idea with...
AUDNZD is trading in the descending channel, indicating a bearish trend. It is currently moving to the resistance and 61.8% fibo levels. The market created a kill zone: the major trend is bearish, resistane, the upper border of the descending channel, and 61.8% fibo. We expect a trend continuation trade. ------------------- Share your opinion in the comments...
GOLD market went lower and reached a structural support level. We look for selling opportunities since the bearish trend is strong. We expect a pullback and then a continuation of the trend, or the market may just consolidate. ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
EURAUD is in a descending channel and is pulling back to the upper border of the channel. However, the price is near the structure resistance on the 4H chart. The market is decelerating at the resistance level at 1.66000. Price is likely to go down from the resistance level and fibo golden zone 61.8%. ------------------- Share your opinion in the comments...
USDCHF is trading in the ascending channel; it printed a double top and divergence. The market is showing that the bulls are running out of steam, creating a bearish harmonic pattern. We expect a breakout of the channel and a bearish move to retest the psychological level 0.9000. ------------------- Share your opinion in the comments and support the idea with...
GOLD is moving in the descending channel. The market broke and closed below the consolidation zone. Price action is likely to test the support level, which is daily support. We expect a selling opportunity if the price makes a pullback. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
GBPAUD is currently broke and closed above the psychological level at 1.90000. Price rose from the support level after a double bottom. On the 4H chart, price action showed divergence. We expect a move up because on the D chart, the price is still bullish and we have a pinbar at the support level. ------------------- Share your opinion in the comments and...
AUDCHF tested the resistance zone and sold off. Price action broke and closed below the ascending channel. On the D chart, the market made a pullback, and most likely, the trend will continue. We anticipate a breakout and continuation of the trade opportunity. ------------------- Share your opinion in the comments and support the idea with like. Thanks for...
DXY is in a bullish trend and broke and closed above the 106.000 level. Price action is trading in the ascending channel. If price pullbacks to support level,we can look for buying opportunities. We expect the resistance zone to be tested because the price broke a significant level of resistance. ------------------- Share your opinion in the comments and...
UKOIL dropped from the resistance. The market is in consolidation. Price is trading in the ascending channel and creating a bullish harmonic pattern. We anticipate a pullback from the support at 91.00 and a bullish move or continuation of consolidation. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
GOLD is in the consolidating zone following the drop from the resistance. Kill zone for shorting opportunity, where we have resistance at 1880 and 38.2% fibo levels. We anticipate a pullback and short the market from resistance level. ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
NZDCAD is currently trading in an ascending channel, which is just a pullback in the bearish trend. The market is testing the daily resistance level. Price is near the 4-hourly chart resistance and channel border. We expect a false break of the channel and a pullback from the kill zone. ------------------- Share your opinion in the comments and support...
AUDUSD recently broke out of the descending channel; it is trading near the psychological level a 0.65000. The price is likely to consolidate around or below the psychological level for accumulation and go down. The market created the bearish harmonic pattern, which is extra confirmation. ------------------- Share your opinion in the comments and support the...
GOLD market broke and closed below the psychological level 1900. It is making lower highs and lower lows, and if the market pulls back to resistance, we look for selling opportunities. We expect a pullback and then a continuation of price action. ------------------- Share your opinion in the comments and support the idea with Like. Thanks for your support!
AUDJPY is making higher highs, an indication of the bullish trend. The market pulled back to the kill zone and 50% fibo retracement level. The price is oversold at the support level, which creates a buying opportunity. We expect a retest of the major resistance level since we have pinbars as a sign of level rejection. ------------------- Share your opinion...
EURCAD is making lower highs and equal lows and pulling back to the resistance level. Price action is making relatively equal bearish moves and pullbacks. We anticipate a simple breakout pullback and continuation trade from the resistance and fibo cluster that perfectly lines up with the resistance level. ------------------- Share your opinion in the comments...
GOLD is trading in the descending channel. The market is pulling back to resistance levels and a psychological level at 1900. We expect a trend-continuation trade, If the market pullbacks to a resistance level, creating an engulfing candle or pinbar is going to be a good signal to short the market. ------------------- Share your opinion in the comments and...
EURAUD is consolidating following a bearish move. The market is creating an AB=CD pattern where the D point completes right at the confluence level. The market gives us a confluence zone where we have a psychological level of 1.66000 and a fibo cluster. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!