Last week the pair was pretty strong, and even broke some support levels, but seems the buying threshold has been met something like that , the buyers are lossing strength.
So this week i will be expecting a good bearish trend for this pair but also expect some pillbacks.
Have a profitable week traders
The pair hit the resistance area and did not break, now we see a bearish trend and also there's an ascending triangle, which i see the price breaking this level and forming a strong bearish trend.
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Hey guys i just wanna say that i base my analysis on price action and its what i see its the same thing i analyse, i maybe wrong i maybe right and y'all know how the market can be
so some workout others go wrong, we learn through our mistake or so i heard.
To The Analysis
Looking at the charts GBPCHF just hit a support level so we'll expect abounce to the...
so my thoughts on EURJPY it retraced its way back to the resistance level, and looking back it has touched that level like four times, seems like a pretty strong level to break.
uhm the way it has retraced to the resistance level i'll be expecting a really strong movement on the down side, trust your insticts right?
Have a profitable Tuesday.
drop your thoughts...
we should expect the pair to be on a bullish trend but we should expect a little noise on the 50% level, and a little retracement before it continues to the upside.
Those are my thoughts, please leave your thoughts down at the comment section.
Y'all have a profitable week
the pair has been on a bullish trend for a while now and as you can see it formed a "W" pattern and keeps on going smoothly on the up side,i believe its retracing 0.618 level on fib then, continue the bullish movement but we are yet to see the big move next week.
Have a profitable Friday