Gold was in a bullish trend for quite some time. Now we observe a reversal pattern called Head and shoulder. It is a Reversal pattern. Right Now On the price chart, you will observe a pattern of lower highs and lower lows. This pattern signifies a consistent downward movement in the market, as each subsequent high and low is lower than the previous one. Also,...
The cup and handle pattern is a bullish chart formation that indicates a potential continuation. The crucial point in this pattern is the breakout from the handle formation. When the price breaks above the upper boundary of the handle, it confirms a bullish signal. This breakout suggests renewed buying interest and potential upward momentum.
EURJPY make a bullish Rectangle. It is also a Continuation pattern.we will take entry by using buy stop
CADCHF made a falling wedge pattern which is a bullish trend reversal pattern. It breaks the previous LH & makes a new HH.
GBPUSD made an Inverse Head & Shoulder Pattern In a 1H time frame. We have to wait for a breakout in Upward Direction.
EURCAD is in a bearish Direction.EURCAD is making Lower Highs & Lower Lows. There is a possibility that EURCAD May take rejection from Trendline. And make another Lowerlow
AUDCAD is in a sell position. Using a Trend line we would take a short position. As mentioned in the chart. Also, AUDCAD is Making LH & LL.
EURGBP Is in a sell position. By Using Fibonacci we will execute a sell-limit order.
EURJPY in Sell position Using Trend line. He is making LH & LL. All Direction is given in the chart
EURGBP Is looking bullish. He is making Higher highs And Higher lows.
Currently, NZDCAD is making lower highs & Lower lows. At LL he made a shooting star star which is a sign of bearish
NzdUsd is Making LH and LL At Lower high there is a shooting star candle were found
Bearish Engulfing on Lower High, Market Moves Towards Downward Position
Audjpy is making LH & LL and make a Evening star on LH
UsdCad is Currently in a Bearish Trend & making LH and LL
GBPUSD Is Right Now In Bullish Trend & Making Higher Highs & Higher Lows
Eurjpy is trading in Bearish Trend As it is making Lower Highs and Lower Lows
GBPJPY trading in bearish Trend As it is making Lower Highs & Lower Lows