EURAUD! one of my favorite pairs to trade.
EURAUD has tried breaking 1.64400 twice, creating a double bottom on your bigger time frames like your H4 and Daily time frames.
We also had an impulse move to the upside creating wave one. This move was then followed by a corrective wave two, which found support on 1.66141 which is 78.6 fib level. its still a valid...
Here's another beautiful short on GBPUSD!
The market is originally trading to the down side. We were able to identify a key support area on 1.22778. The market has rejected this area not once but twice, forming a double top on H1 and H2, which is a beautiful pattern to confirm a trend reversal or an end of a pull back. We also have another confirmation on our...
It is safe to say that the main trend is a down trade. began my analysis from the daily chart all the way to 30 mins. that is how I usually start of my analysis. But for this break down ill focus on H2. This Market has basically been in consolidation since the 20th of many, the consolidation is in the form of a triangle. 108.000 being a strong resistance area,...
