75.5 ZONE HELD
DESCENDING TRENDLINE BROKEN
MOVING AVERAGES CROSSED
WAITING FOR A RETEST OF THE BROKEN TRENDLINE ACCORING WITH FIB RETRACEMENT LEVELS
WATCHING CLOSELY FOR PRICE ACTION
Looks like a reverse going to take place on usd/chf pair. Potentiall reverse head&shoulder with the left shoulder touching on fibonaci 61.8 & support zone.
Waiting for a break and retest of the 0.98 zone above the 200 moving average to confirm the upside move to 1.00000 key level
Daily chart on aussie dollar looks really bearish. We had a nice break of the institutional/key level of 0.67 and looks like price is going for a last kiss. This idea also correlates with 50day EMA. Personally would prefer some price action candlestick to take place at the propose level.
GBP/AUD has been on an intense rally since august of 2019, is ittime to reverse? Prolly with this double top at a wicks zone might confirm a reverse. Anyway will be wainting for the next two daily candles to close to confirm my setup. For a safe trade you can wait for the break of the trendline and probably a retest.
After catching the upside wave two months ago with 220 pips its time now for CAD/JPY to fell from a rock. With the significant trendline break i am waiting for this pair to come around to fullfill the gap and retest the resistance zone which correlates with DAILY 50EMA and fibonacci.
AUD/USD looks like a reversal is going to take place with a nice head and shoulder formmed on top of this uptrend. We have a broken trendline, a broken support and neckline which, obviously, couldn't hold.
I, personally, am looking to enter this trade on the market open but we could see a potentiall pullback retesting the neckline. #tradesafe
-FIBONACCI GOLDEN RATIO
-HEAD AND SHOULDERS FORMED
-TRENDLINE LIKELY TO BREAK
Waiting for a clear break of the trendline and supp zone at 1.1075 and a potentiall retest of the zone to look for sell entries #tradesafe
TWO IMPORTANT ASCENDING TRENDLINES BROKEN
WEEKLY BEARISH MOMENTUM
POSTED THE FIRST RETRACEMENT TO THE RED ZONE BEFORE ON MY CHANNEL
PRICE NEEDS TO TAKE ANOTHER SMALL RETRACEMENT UNTIL FULLFILLING OUR TARGET 1.3053
WAITING TO SEE THE PRICE ACTION
EUR/USD has broken the trendline and is taking its time to retrace, looks like the fibonacci golden ratio 61.8 inline with 1.1 key level has held one time and is coming for a second try forming a potentiall double bottom. If this case occurs, we are going to see 1.125 target met really soon.