Yes, as we can see there is a channel pattern and there is support from the previous structure, it is possible that the price could still fall first to say it is going up there must be confirmation, wait and see
We can see the pattern on the monthly time frame and this is the time for AUDUSD to rise Then, what we have to pay attention to is the strong area that I described, now the price has made a rejection, all we have to do is wait for confirmation to entry
If we look at it from a weekly perspective, it's time for USDCHF to rise! but it takes a long time let's look deeper! after I consider in terms of trend lines, rejections from large time frames, and look at the structure. I would say that prices will go down first
As we can see, we spotted falling wedge pattern, clearly seen on 1H timeframe and the price has broken the pattern, and you can see candle shape in daily timeframe that show you why i looking for sell You can come in with me with the take profit and stop loss area that I have set on the chart above let see dyor
From my technical view, the 4H trendline has broken, the 4H candle shows hammer pattern and the price made bullish structure in minor timeframe .so,today eurnzd will go up, the chart I show is the conclusion of my analysis, so as not to confuse you guys the area over there is an area where you can entry, you can wait the price move up and retest for better...
As we can see, the price has broken the major trendline and confirmed with 4H candle, in the 1h timeframe we can see double bottom and has broken the neckline, 2 confirmation valid. if we go to the 30m timeframe, we can see the bullish structure that we can use for entry this is just intraday trade, maybe the major trend and minor trend doesnt match, but we can...
As we can see, the channel pattern has broken and the price makes a double top pattern, we can take advantage of this pattern to take sell entry DYOR
As we can see, at 2h Timeframe it is very clear that the price made a channel pattern, and yesterday it has broken through the resistance. where will the price go? from my point of view and how the candle moves ( you can see the daily candle ), the price will go to the strong area and will come back again. what's unique from here is that I found the possibility of...
As we can see, The Double Bottom pattern clearly seen on 4h timeframe, and triangle pattern has broken, so we can plan for buy. But , you have to consider today's news, even if it's new zealand news, usually australia is still affected *stay tune for the update DYOR
As you can see, the channel has been formed, so i just wait for confirmation to entry DYOR
it's simple, when I see a pattern and it's neatly formed, I'll wait for confirmation to entry! DYOR
After a few hours I considered this signal, now I'm sure and if it ends up failing, it's fine *Analysis As we can see, there is strong structure area ( minor structure ) after major structure break so we can take advantage of it when the price comes back, when you ask, why is the entry area below the support area? it's because of my tolerance for the price,...
After a few hours I considered this signal, now I'm sure and if it ends up failing, it's fine *Analysis As we can see, there is strong structure area ( minor structure ) after major structure break so we can take advantage of it when the price comes back, Thanks, dyor!
As you can see, the structure is bearish when the price come back to lower high, im looking for some pattern then i found the head and shoulder good luck! DYOR
The trend is bullish ( in this case, my major trend is 30m) we can clearly seen the price has been break the trendline or we can call it minor trend so, this is our confirmation to take the trade make sure you have your own analysis
I just follow the structure in the current timeframe and i draw crucial area to limit myself goodluck!
it is very clear that the structure of the market is bear in the current time frame, I took a sell entry there ( on "lower high" area ) and the limit of my profit area is at the support My trade risk is 1 : 2 goodluck!
As you can see at the current timeframe, the trend is bearish ( for now ) as long as the price not break the last LH ( Lower High ), i still persisted to take it short but still consider important areas my current trading risk is 1 : 2 goodluck!