USDCAD may drop from a key daily resistance. The price formed a double top with equal lows, testing that on an hourly time frame. We just got a confirmed neckline violation. I expect a bearish movement at least to 1.3493 ❤️Please, support my work with like, thank you!❤️
gbpaud is continuing to make a new low as the 4hr candle is at its last hour before closure. currently watching gbpaud to break 1.92 to continue selling off. *GBPAUD/SHORT
usdchf has been in a correction for weeks in a overall down trending market. since i understand the phases pf the market i know that after a correction comes an impluse so now ill be waiting on the impulse to the downside. *USDCHF short
gbpaud showing multiple signs that sellers are in control and im using euraud as correlation as evidence that gbpaud will continue to short. *GBPAUD SHORT
Greetings, Traders! Here's a quick update on the Gold market: 📉 Pattern: Double Bottom 📊 Current Status: The price confidently trades above the Neck Line Breakout at 2023.779. 🎯 Near-Term Targets: Target 1: Aiming for the 100% retracement level at 2032.606 Target 2: Aspiring towards the 162% retracement level at 2038.067 Traders, stay vigilant as the market...
Here I have EUR/JPY on the 4Hr Chart! Ever Since the beginning of the sight of the Double Top Reversal Pattern on the Weekly Timeframe, Price for EJ has been slowly forming what looks to be a Bearish Channel! Now over the weekend of Jan. 19th - 21st, Price crested inside the Channel and made a strong decline signaling the Buying Power has waned allowing Bearish...
Im going to attach my analysis from last night to this thread but mainly i was only anticipating these euro currency pairs to go short. they were all high probability set ups with multiple confulences. now ill be waiting for shorts to continue throughout the week holding these trades. *eurgbp * Eurjpy * euraud
Is USDCAD exhausting at resistance zone? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 1.3350. What you guys think of it?
USOIL is trading under descending trendline. The price was reacting well the support and resistance of trendline. Currently the price is about to give breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target could be 74.50...
#XAUUSD 👉 #UPDATE The price fulfilled my last idea. It got to the SUPPLY zone and started a massive correction to the upside. The market formed a double bottom, had a market structure break and pushed up based on institution sponsorship and I currently spot a RETURN TO THE ORIGIN of the move from yesterday at 2020.320. When that price is reached and orders are...
Olectra is forming Bullish Pennant, double bottom in pennant, if it completes the formation, then it moves above 1800
The euro is showing multiple signs of bearish price action. my prediction is that most of the euro will be bearish for the rest of the week but these 3 currency pairs are all high probability trades for me. watch these bearish trades with me:) thanks for watching and watch my ideas and watch how accurate they all are. *Eurgbp * eurjpy *euraud SHORT
The Japanese yen may have weakened following the BOJ’s latest ‘non decision’ regarding monetary policy, but markets clearly weren’t surprised enough for it to extend its bearish moves today. Not a single xxx/JPY pair managed to break above its cycle highs, and momentum is now turning lower on these pairs to show a strengthening of the yen. But what has caught...
Expecting a SHORT-ranging trade, currently observing market consolidation around daily resistance. Planning to establish support and resistance areas on the daily chart. Additionally, found a double top pattern on the 1-hour chart with a neckline break; considering a trade on the retest. Entry 110.12 Targets 109.72, 109.55 109.28 and 109.01
CADJPY may drop from a key daily horizontal resistance. The price formed a double top on that and violated its neckline. Goals: 109.86 / 109.6 ❤️Please, support my work with like, thank you!❤️
On the 4h timeframe, a supply exhaustion signal has appeared (price returning to the previous bottom area, but trading volume decreasing significantly). By looking at smaller timeframes, we can see a lower wick candle this morning indicating weak hands being shaken out as the price was pushed below the previous bottom area (with a maximum selling volume candle at...
AUDJPY is testing a recently broken horizontal support. After a violation, it turned into a strong resistance. The market may drop from that. I expect a bearish movement to 0.9605 ❤️Please, support my work with like, thank you!❤️
Crude Oil is currently testing a solid rising trend line on a daily. I see a double bottom formation on that on an hourly time frame with multiple rejections and a peculiar gap up. The price may bounce. Goals: 73.27 / 74.16 ❤️Please, support my work with like, thank you!❤️