Hi Traders,
Currently in a short position on CAD/CHF, the price was into a bullish trend since early August 2019.
The price broke the trend line and came retest the supply daily zone which has been created.
Moreover, the retest is also the retest of the head and shoulders.
Enjoy,
HI Traders,
I will be looking for a long opportunity on AUD/CAD around the daily demand zone at 0.8930.
Moreover, it looks like the price is creating a inverse Head and Shoulder.
Have a good day,
Hi Everyone,
I just entered in a short position on EUR/JPY. The currency pair is into a bearish trend on HTF.
On the LTF, we can see a bullish consolidation. I decided to open a position after the 3rd touch of the top of the channel. The price is also at a daily resistance.
Have a good day!
Hi everyone,
The bullish trend line (since August 2019) has been broken recently. After it has been broken, the price came retest an old daily resistance (previous support) to grab order. Sellers will be in control of the currency pair.
I want to see a bullish wedge on LTF in order to open a short position.
Have a good trade!
Currently in a consolidation of a bearish channel. Imo the price will dive lower (1.8050) in order to grab order to push higher.
I will wait the price to complete the 5th waves of the second pattern.
OANDA:EURNZD
I am looking for a short position on this currency pair and to hold it on the long term.
Monthly: The price is recently making lower high (yellow trendline) which can be a loss of interest by buyers and a regain of interest by sellers. Based on my research, the third touch of a trendline can create important move if the volatility is hitting....
Hi Everyone,
I am looking at GBP/AUD Long. The price is currently in a small bearish channel into a bigger bullish channel (a pattern into a pattern) and we are approaching the 5th point.
I anticipating the price to dive a little more into the daily supply zone. After that, I will look for an entry candle on LTF (15min/1hour).
Have a good day traders.
