There is high possibility that the price may retest the low before massive buy.
The possibility is high that GBPJPY is aiming double top before great sell.
Market price has broken structure to the down side. The current bullish move could be either retracement from the impulse that made lower low or the beginning of new bullish trend. Price could create divergence by making another lower low.
There is high tendency for GBPUSD to make sell impulse to clear sell stops before buying begins.
There is high possible move to retest the high or clearing stop losses above the high before massive selling begins.
USDCAD H4 is showing ranging and form of rejection from going down. Daily has shown breakout to downside and it is potentially continuing selling except bullish pushed the price back to the rising resistance.
USDCAD H4 is showing ranging and form of rejection from going down. Daily has shown breakout to downside and it is potentially continuing selling except bullish pushed the price back to the rising resistance.
CADJPY H1 breaks rising trendline but currently respecting H4 support level and H1 support level. Price is yet to break horizontal support which could be fakeout for rising trendline and retest of support level. It is more of double bottom as at the time of publishing this idea. It means buying but if H4 candle closed below the H4 support, that will result to...
CADJPY H1 breaks rising trendline but currently respecting H4 support level and H1 support level. Price is yet to break horizontal support which could be fakeout for rising trendline and retest of support level. It is more of double bottom as at the time of publishing this idea. It means buying but if H4 candle closed below the H4 support, that will result to...
CADJPY has been rising over 2 weeks plus and this third week may be the last bullish run. It is currently ranging to make higher high, another bullish impulse as it shows ascending parallel channel.
There is high supply of cad and creates weakness of cad. eurcad is possible aiming to rise to recent high
ABCD formed and there is break of trendline and possible target is demand zone
Price is rising towards rising resistance. It is likely consolidate before reaching there and make 4th touch before massive sell to demand zone.
Price is reaching close to the supply zone. possible target is TL forming slant lower low.
There is high tendency that GBPCAD selling pressure is still high as correction is going on now. There is double top in H4 and m30 is showing triangle that could break to form double bottom or third wave.
The price is making higher low and high after bearish elliot waves ended.
Cadchf h4 is moving in ascending triangle. Price is likely aiming to hit rising resistance of the wedge trendline. Wait for the break of rising support and retest before sell.
USDJPY H4 at the top which shows possible sell. If it breaks the top, possible target is 3 to form second cup