A break below 1.07865 and a retest of the support will exposed the 1.50181 price level. Also to this bearsh signal is the falling wedge pattern and a desecding triangle.
But a breakout of the falling wedge pattern and also a break above the price level 1.0928...
- S/R Line
- S/R Line
I think EURJPY as gotten to a supply zone and we should wait patient for the bullish momentum to set in. A break above the price level 117.25 will see it bullish. Also we can notice that the price has changed from making HH and HL to LH and LL. ...
Support and resistance
Price has completed the formation of head and Shoulder pattern which is a reversal signal. If price can break through the price level 1.28836 then we can wait for a retest then go short. The target is 1.27515 with 1.29024 sl
NB: **Disclaimer** the content on this...
- S/R Line
If the price can move down to 142.630 daily support level then we can say bold that the price is going to form an Head and Shoulder pattern which can be called a reversal pattern and the target point will be the weekly support level 141.93 with the stop loss above...
On 4hrs, it seems price is forming a bearish bat pattern. If this is true then the final target will be 1.30391 (100 pips) with a 50 pips sl.
Waiting for a daily candle close will be a good idea for further confirmation.
NB: **Disclaimer** the content on this analysis is subject to change at any time without...
The close of Friday marks the completion of the bearish bat pattern on EURAUD which signals that price will likely reversed with the target of 1.62872 and 1.62109 with SL 1.64676.
NB: **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for...
The close of price last week signified a bullish Cyper pattern formation and our targets are 0.6527 and 0.65597 with sl 0.64172.
NB: **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent...
GBPCHF is on the verge of completing the last leg of a bearish butterfly 🦋 patterns.
At the open of this week we have seen prices been rejected at the marked zone and we are expecting to go long as the price heads to the 1.28148 (TP) with stop loss 1.28148
After completing the lower high at price level 83.75, the price has been rejected. CADJPY is on a bearish moment given the following reasons
- The MA crossover
- The breaking of trend line
Sell CADJPY @83.285
sl : 83.898
tp : 81.383
NB: **Disclaimer** the content on this analysis is subject to change at any time...
- Support and Resistance line
Currently, price is on a bullish state to the dynamic resistance at price level 0.69740. Price might likely drop with high probability to make a lower low.
Sell limit AUDUSD @ 0.69762
NB: **Disclaimer** the...
Tools: Chart Pattern and Price Action
Generally, Price formed a double bottom patterns which is a sign that the price might likely go up. However the price needs to break the daily resistance 0.91302 which will then exposed the monthly resistance 0.92160. If this occur the price to move up.
Buy AUDCAD @...
AUDJPY near the a dynamic resistance line. I expect a fall in price
Sell AUDJPY @ 76.082
SL : 76.576
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.