EURCHF break descending trendline on 4h chart, and started creating a new ascending trendline that coincide with fibo 0.5 level of last movement and respected that one, with a good upward movement,so I’m long now.
EURUSD found descending trendline on weekly chart and rejected, price broken ascending trendline on 4h chart and previous daily candle closed as Bearish engulfing,So now price is oversold, I’m gonna wait for a pullback to get a short entry.
Possible long idea for eurnzd,waiting retracement.
USDCHF broke ascending trendline on weekly chart, and are respecting the descending one, price will may retrace and then all the way down.
USDCAD broke daily ascending trendline with a big movement, now is moving up on 4h chart, that is a retracement,so I wanna see price testing again the trendline and then will move down.
Price broke 4h ascending trendline, and tested 50% fib on daily, I’m gonna wait for confirmations I wanna see a retest of the broken trendline and then price probably will go down.