Hello traders,here we have broken from the CTL off of a Falling Wedge support with a massive Bullish Engulfing! This is Showing Good signs sellers are switching sides and distribution has in fact, taken place. Displayed in red arrows are the targets i will be looking at in the future. Chow
A clear inverse head and shoulders has pushed price upwards,and now is resteing at support right around 1.6700. We could potentially see some bulish movemnt from here or a retest of lower support sitting on right shoulder.
What it do players. Wishing all happy Holiday's. I am Lovin' the flow so far with EURNZD. Stepping back to get a good overview..i didnt post any ideas with this pair but have been trading the pair on a weekly scale and price seems to behave quite well. We had a very good break of a rising wedge on the daily which price reacted well too. Now it seems sellers are...
Ahoy there ladies and gents,and happy hollidays :) Here displayed looks like a clear ascending trend line. We can anticipate an upwards move here as price rests above upward trend line. If we break and close below, structure may begin to squeeze and could even drop lower to retest bottom of initial impulse. However, this week has closed above trend line and is...
Mates. Hope all is well. Here we have audchf falling into an obvious wedge. Looking for this to push price upwards towards A weekly Tendline. Displayed are two targets i see being hit by this upwards move and the final target in the red arrow. Price is currently resting at a Daily support level. 3 candle break and close below wedge will invalidate this particular...
Cheers Gents,Spotted another wedge on AUDJPY. Enjoy. :)
Good day Gents. I have been in this pair for weeks now and am finally deciding to post an idea. Surprisingly, this pair seems to behave quite well and also has a negative correlation with eurnzd (which could be seeing push up towards outer trendline). As we see price rest below daily resistance around 76.800, a push higher will turn this level to support. Which...
Good day mates.. printed clearly is a falling wedge. Please be advised this can go one of two ways. weekly is showing bearish signs however i see a up move happeing if we get the break and retest of previous structure highs before a continuation down. Hope you enjoy! :) Cheers
Anticipating a pullback to top of Liquidity zone. BA. A pullback to midddle zone can end up setting up an inverse HS. Or we will follow through to upside. IMO