Primary Trend is bearish and currently market is at secondary trend, at the secondary trend we find a head and shoulder pattern that have a high probability to continue the bearish trend as a primary trend, and we also do not find a pattern to reverse the trend. Also at EMA 22 price already at dynamic resistance.
Primary trend is downtrend and the price now make a secondary uptrend, according to EMA 22 the price is at dynamic resistance and will bounce to continue bearish,after that i found pennant pattern that will make price to continue bearish, for target price I'm using Fibonacci retracement at 1.618 golden ratio
Possible Bullish at USD/CAD but we have to wait until the price make a second Higher High to confirm that the trend will be bullish, if the price make a new Higher High you should wait until price make a secondary bearish trend to entry or you can speculate to entry after the price break the Higher High , after that we found an ascending broadening wedges that can...
Current primary Trend right now is Bearish and now make a secondary bullish trend, and price can't break the resistance level also at chart pattern we found a pennant bearish you can entry after the price break break the trend line or you can put sell stop around 10 points after the break the trend line
We found a falling wedge pattern at NZD/JPY so the forecast for this pair Long or Buy, you can put Buy stop after the price break the trend line or you can entry n