We are watching that market is moving in a wedge pattern and last week it was break it, but still not break the Resistance at point 1.4000. But yesterday we see that GBPUSD breaks the resistance line with high pressure and still we are watching that the next target should be 1.4300
NZDJPY D1 is making a head and shoulder pattern but it is not complete yet, but the prediction is to be that may be it will complete its pattern because here is a horizontal support at the point 79.046 and also a Moving Average of 50 and 100 EMA which shows that may be market will take support and complete its pattern. If market breaks the support then may be it...
NZDJPY already breaks the trend line at the point 79.900 with the help of support. We can see the resistance near the market at the point 80.824. I set the the double target for buyer that if market breaks the resistance so we look more forward to the point of 82.010. Moving average also show the direction for the market.
We are looking that market is moving under the strong resistance area, but do not cross it. According to analysis, market will break the trend line towards downside and will go to hit the target at the point 111.700.
Crude Oil is going to hit the weekly resistance target at the point 61.14. But we are also watching that market is making a ascending wedge pattern and the breakout should be down side. So the weekly resistance and the wedge patterns make the term clear that may market will go down to hit the target at the point 54.90.
We are watching that Gold is continuously in selling mode, and also make a Descending wedge pattern, But Soon Gold break this pattern and going to move upward. We will see that Gold will hit that target at 1294.
We can see the formation of Cup Pattern, but it is incomplete. So we are looking for the sell signal. We can see the resistance at the point of 1.72032 for complete its pattern. So after the rejection from the point of 1.72032 the next target will be 1.66628. So Good luck take the entry after candle stick pattern.
May be a perfect swing trade of GBPUSD, because the ascending Triangle is going to break, may be it will come for the retest from the resistant point of 1.3300, after taking the support of triangle lines we can see the will go to the point of 1.35744.
A Pin Bar shows that Market wants to break the trend line and also we can see some noice at the Support of 0.96722. May be market will move towards 0.97897. That will be first target.The point 0.97897 will decide the proper way of trend. If market break this resistant point so market will move towards the next target to the point 0.99494. If market does not break...
EURUSD is moving toward 1.8350, we should have to wait and watch proper sell signal. After touch that point we can see that EURUSD is looking towards down at 1.7250. So Good Luck, just wait and put your entry.
EURUSD... Head and Shoulder perfect pattern, with descending channel resting the neckline with respect of up trend line. If we watch according to descending channel the Sl and Tp according to it. Whenever the SL and TP according to Head and Shoulder is also huge. So it is safe for us to trade with trend. Thank You!