Tradepipsforex

Tradepipsforex

both scenarios are displayed. my personal bias is bearish if the weekly candle and last daily candle close below 1.236.

Tradepipsforex

further break of the purple box will drive this pairing to lower high within the bear channel or break downward to the lower low within the bear channel.

Tradepipsforex

Audusd stills in a downtrend channel. However it has an upward movement approaching the resistance, maybe forming a double tops pattern or further rally to the channel resistance if breaks the resistance line.

Tradepipsforex

two hanging man spotted: weekly and H4 watch the price action at the flag resistance / trendline, might break out to the previous high or break lower

Tradepipsforex

major resistance at 0.618 area, current critical rising wedge breakout area (and weekly channel support) at 0.602

Tradepipsforex

A daily close below 1.24 will drag Gbpusd to the bearish valley, if it creates higher low at the current zone, resistance for it will be 1.27 level.

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major resistance at 1.11

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huge rejection on 0.65 makes it a solid resistance after forming a hanging man on weekly candle. Expecting it to further drop to the previous ascending trendline support.

Tradepipsforex

minor resistance on 1735 then major resistance at 1775. new flag is forming and breakout of the flag will be good.

Tradepipsforex

new resistance at 1630 area and watch the price action if breaks upward will proceed to new history high 1730.

Tradepipsforex

expecting a drop after touching the weekly descending triangle support, previously it had broken the support and fall tremendously. Now it's approaching the broken level again, might retest a few times before deciding its direction for further bullish or bounce off and fall again.

Tradepipsforex

A breakout of the flag might drive the oil price to 20-22 usd

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A little more pullback before a shoot up. Major support 1700 current resistance 1740

Tradepipsforex

A triangle formed within the rising wedge after a good up shoot of almost 600 pips has shown a sign of weakening bull. High possibility it gonna do a correction in big picture of falling wedge at daily chart to the support zone before big uptrend.

Tradepipsforex

Major support 1680, 1660 Major resistance 1703, 1720

Tradepipsforex

US30 is forming a huge expanding triangle in weekly chart. I do believe that stocks are growing upward for long term for sure. However I do notice that now it’s completing a rising wedge within this huge expanding triangle. The major resistance is around 26000. For now health crisis is still uncontrolled, I think it would happen another major drop again to the...

Tradepipsforex

We need to observe is 1.392 making a solid support and forming a good double bottoms pattern for UsdCad back to bullish track. If it further break the support will make the bear target to 1.37.

Tradepipsforex

GbpUsd has made a bullish move, making 1.238 as good support, good to buy until 1.3