thewealthlifters

thewealthlifters

EURJPY is at a daily resistance area and in a large daily triangle pattern.. we wait for a break at either side of the pattern to go long or short

thewealthlifters

More downside expected from this "flip zone". A potential downward movement to the 75.50 area and beyond is expected.

thewealthlifters

Expecting price to move down on this pair, a break above the yellow resistance zone invalidates the analysis. Trade with care.

thewealthlifters

More down side expected on NZDCAD A break of the neckline support might see price dragged down to 0.8715 area and even more down side is expected at the break of that level.

thewealthlifters Updated 

UJ took one more rally up from the daily trendline facing a potential resistant zone. Daily/Weekly trendline still holding though. Watch for Price reaction around 114.20-115.0 (yellow area on the chart) for SHORT TRADES.... A break above the resistance zone impulsively negates the shorts and might see price completes the channel structure .

thewealthlifters

A retracement to resistance structure level with Fibonacci confluence might see price drop...

thewealthlifters

USDCHF possible short trade. Price rejecting at the resistance area. look out for 1.00100 significant resistance price

thewealthlifters

Price broke long term trendline after bouncing off 0.700 support level. Expecting price to rally up to 0.75 level and beyond

thewealthlifters

Price bounced off weekky resisstance Short and target 0.38 and 0.618 fib retracement level

thewealthlifters

A reversal to resistance area with 50% Fib confluence. SHORT SL: 1.80300 TP 1: 1.74800 TP 2: 1.69600

thewealthlifters

CADJPY is in a Weekly Expanding Triangle Pattern, if price gets to the Resistance zone, i will be looking to buy using the lower time frames