GBPUSD has seen a long wave of upward trend.
Price just broke out of the upward trend into a reversal.
1st wave of pull back has already completed.
Wasit for 2nd wave of pull back before selling
EURGBP currently in the demand zone. Everytime it falls to this level, it will be supported and the price rebounds back up.
TP level can be set at 0.89933 as there is strong resistance there.
AUDUSD has been following a wave of upward trend.
High resistance coupled with supply at 0.70127 - 0.70860 zone.
Wait for the turn with 1 wave of retracement before entering a sell position
USDCAD has been following a wave of downward trend. However, it has hit the supply zone with reference to 9th march 2020.
Strong support has been proven at the 1.34850 mark.
Wait for reversal and pull-back to enter the buy position.
Rising parallel Channel. Reached the supply zone at 15march and 30 march.
Entry zone 1.11395 - 1.11235
Stop Loss 1.11587. Supply zone. Resistance.
TP level 1.10428. Demand zone. Close to edge of channel. Fibonacci retracement 38.2
Rising Channel. Sell close to trendline.
Entry position 1.24300 - 1.23780
Stop Loss at 1.24328. Supply zone
Take profit at 1.22946. Demand zone. Close to edge of channel
On the 4H Charts, a Bullish BAT/Gartley pattern seems to be forming.
Wait for price to reach D (1.08240) to set BUY order.
Using Fibonacci Retracement to set TP levels at 38.2/61.8.
Stop Loss can be set at X(1.07718) / Strong support level
Chart seems to be trading in an ascending triangle.
Good BUY entry price at the bottom of the range 107.475.
Price has been resisted at 108.025 level multiple times
Take Profit level slightly under edge of triangle at 108.025
Price has been supported at 107.235 levels.
Stop loss at 107.235
