GBPCAD Broke out of a descending T/L and now break out of a correction phase.
EURNZD broke out of an ascending Trendline and a correction as well.
EURCAD is moving in a sideways trend (range) I will be looking for opportunity to short it at the resistance level. Timeframe - 4H
AUDCAD Top down analysis, weekly to 1h TF price rejects the resistance level on the daily TF and is about to drop it formed a double top on 1H TF and breaks an ascending TL on both 4H & 1H Charts
i. REJECTIONS @ RESISTANCE {1D} ii. DOUBLE TOP iii. TREND LINE BREAKOOUT You wait for a pullback to confirm your entry.
i. REJECTIONS @ RESISTANCE {1D} ii. DOUBLE TOP iii. TREND LINE BREAKOOUT You wait for a pullback to confirm your entry.
EURGBP has been trending downward, and we are now about to see a reversal of the bearish trend. The price is reversing from the bottom of a bearish channel and formed inverse head & shoulder, which is a reversal pattern, and on the 4H time frame, price break a descending T/L which is our confirmation of the Head & Shoulder.
EURGBP has been trending downward, and we are now about to see a reversal of the bearish trend. The price is reversing from the bottom of a bearish channel and formed inverse head & shoulder, which is a reversal pattern, and on the 4H time frame, price break a descending T/L which is our confirmation of the Head & Shoulder.
AUDJPY is retesting a resistance zone, what do you think the price would do, retest the zone and reversed or break and continue the bullish run. Share your thoughts in the comment section. i made mistake in the prev post, wrote AUDGBP instead of AUDJPY
AUDGBP is retesting a resistance zone on the 4 hour chart, do you think it will reverse ?? Share your thoughts in the comment section.
GJ reversed from a resistance zone, and broke out of a bullish trendline and it has now broke out of the correctional move which confirm our selling setup
After forming a double bottom pattern, EURGBP broke out of a bearish trendline and is now retesting a support zone and 0.68 Fib level
EURCAD break out of a bearish TL and is now testing a support zone and 0.38 Fib level.
Price reversed from a resistance zone and breakout of a bullish trendline, then reversed and retest a resistance zone.
Double top pattern. If that is a double top pattern, then the trend is about to reverse
NZDUSD breakout of a bullish trendline on the 1H Timeframe, thats a trend reversal sign. we will now wait for the price to breakout of the correction to confirm our entry. Simple trendline breakout strategy.