Price reacted to 1.33700 significant zone and formed a bullish reaction. This week I expect to see bearish pressure and potential bearish reaction to 1.35000 or 1.35600.
We can see strong bearish trend here, but price has reached 1.89500 zone and now I expect to see bullish move this week.
Price confirmed 1916 zone and went up, but it is currently testing 1927. I expect to see bearish move.
Price formed two flag patterns and both patterns gave us good breakout sell signal. Price is currently testing 1.06300 support and it is likely to see bullish reaction.
Price formed descending triangle (in uptrend), broke it and continued to go up. Price then broke and retested previous high 0.57900. We can see strong bullish pressure now. There is a potential bearish zone at 0.58300.
Price reacted to our bearish zone once again and formed massive bearish move to test 15150 previous low. We can see that price failed to break it twice and formed support zone. It is possible to see bullish move now.
Price continued to go down and failed to break 1.35000 zone. If price brakes this bearish trendline, I will look for the opportunities to buy.
Price continued to go down and it broke and retested 1.24500 zone. It is likely to see bearish continuation, but keep your eyes on 1.23500 zone as it can act as a support.
USD/CAD 🇺🇸/🇨🇦 We can see bearish Rising Wedge formation here. Price formed bearish move and broke 1.35500 significant zone. I expect to see retest and bearish move 🔽
Price went up to test 15500 zone. I marked this zone as a pot. bearish zone in my VIP group and as we can see price formed bearish reaction and broke bullish trendline. I expect to see move down.
GBP/USD 🇬🇧/🇺🇸 Price formed lower highs and lower lows last week. Price is about to test 1.24300 and we could see bullish reaction. However, if price breaks this zone then it is likely to see bearish continuation .
USD/CHF 🇺🇸/🇨🇭 We can see strong uptrend here, but price broke bullish trendline and formed resistance zone 0.89300, If bearish pressure occurs, I will look to sell 🔽
Price formed support zone 0.58600 and went up to break significant zone 0.59000. Here I marked two potential options that I will look for.
We can see series of lower highs that I connected with a bearish trendline. Price is currently moving between minor support and resistance zones. Here I marked two potential options and at the moment option A seems more likely.
Price formed Flag pattern and went up to break our resistance 1.96600. It is possible to see retest of this zone and bullish continuation.
Here you can see few examples of a Retests 📊 ⚫️ First example is a regular support and resistance retest. It occurs after price breaks this zones. Price then goes back to test previous support or resistance and this is usually good place to enter a trade. ⚫️ Second example is a supply and demand retest. ⚫️ Third example uses help of volume profile indicator....
Price reacted to our resistance zone and broke bullish trendline. I expect to test of a 94.400 zone followed with a bearish move to 93.700 where some bullish pressure could occur.
Price formed strong bearish reaction to 1.35000 zone and went all the way up to test our 1.36000 zone. I expect to see bearish move to 1.35500 zone 🔽