4H Chart Explanation: - Price broke the Ascending Trendline. - Price was on a Bearish Corrective Structure that was broken after bouncing on the Resistance Zone. - Price should continue its down move from here, with a main target on the Major Support Zone. - We are looking for sell setups on lower timeframes. Weekly Vision: Daily Vision: Updates coming soon!
Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current price for buy.
ENTRY: 0.75550+- TP1: 0.75800 TP2: 0.76000 SL: 0.75200 Chart time frame - 1D Time for reaching TP - 1 - 3 days Follow, Like, Share or Comment Thanks on supporting! All best!
Expecting NZDCAD to hit the area of 0.83330 before pushing towards 0.85000. Price action indicating that we are reversing on a major downtrend. Expecting highs to be formed in the coming days/weeks.
USDCAD has been trading within a Falling Wedge on the 1W chart (RSI = 41.718, MACD = -0.003, Highs/Lows = -0.0077) since the December 2018 High. The 1D RSI is approaching its Support just above the oversold territory (31.712) and is gradually turning into a buy opportunity with 1.32000 as the Target. ** If you like our free content follow our profile...
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4H CHART EXPLANATION: As we explained on the Daily chart below, we are waiting for a breakout of the Zone. After that, we need a bullish corrective structure to place our orders, it can be a flag, pennant , triangle, or any corrective pattern. DAILY CHART EXPLANATION:
NZDCAD had fake breakout @ 0.8409 this action happened before pair could reach very strong resistance @ 0.8429 volume profile shows how much important the resistance area MACD show sell signal
Pattern: Triangle on 1M. Signal: Bullish if the price rebounds above the Higher Low zone (red rectangle). Target: 1.32500 (Lower High suggested by the dashed Falling Wedge).
SELL QM LEVEL PRICES IS COMPRESSING AT THE MOMENT BIG BEARISH MOVEMENT ANTICIPATED
The pair has been trading within a 1D Channel Down since August/ September peak (RSI = 52.914, MACD = 0.000) and is currently testing the 1D MA50. Even though the Lower Highs are clear, the pattern lacks the latest Lower Low and we are taking this opportunity to go on a medium term short towards 1.0300. Long term trades may wait for an even bigger sell opportunity...
Welcome to our weekly trade setup ( EURCAD )! - 1 HOUR Bearish price action towards previous support zone. 4 HOUR 50% Pullback of previous x-a wave formation and prices at strong support zone. DAILY Bullish market with small wave pullback, good long entries. - FOREX SETUP BUY EURCAD 1ST ENTRY @ 1.45830 2ND ENTRY @ 1.45610 (wait for trigger) SL @ 1.45230 TP...
Head & Shoulder formation. Nothing more to say.