GBPAUD managed to complete the Rising Wedge pattern near the 🟡 Price Reversal Price(PRZ) 🟡 and important downtrend line . There is also a Regular Divergence (RD-) between two successive peaks. 🔔I expect GBPAUD to start its main decline after breaking the lower line of the Rising Wedge pattern. 🔅British Pound/Australian Dollar Analyze ( GBPAUD ) Daily...
hello guys... as you can see, eurusd made a QM pattern and did a downward movement for that pattern. as I said before: I still believe in a bullish trend for this pair but the main question is where we should enter a long position. I would say the best entry could be the blue rectangle I show it (after hunting the lower low) but it is not out of mind if...
As we can see, The Double Bottom pattern clearly seen on 4h timeframe, and triangle pattern has broken, so we can plan for buy. But , you have to consider today's news, even if it's new zealand news, usually australia is still affected *stay tune for the update DYOR
Hello traders ,what do you think about EURUSD? This pair was able to break its resistance zone and trend line on Friday with the NFP data and the weakness of the DXY. Now we expect it to continue its rise to the specified level after the pullback to the broken zone. If this post was useful to you, do not forget to like and comment.❤️
hello guys... as I can said before: and before that: eurusd is on the bullish trend as hell!!! now in a lower time frame, it wants to form a three-drives with double divergence to touch the $1.204 level let's watch and see what happens! _______________________________ always do your research. If you have any questions, you can write them in the...
The XAU/USD daily chart indicates that it is holding onto small gains above a steady 20 Simple Moving Average (SMA), while a stable 100 SMA is positioned around 1,950. Additionally, the technical indicators are gradually rising and putting pressure on their midlines. Although it doesn't seem likely for another upward movement, it does reduce the chances of a...
A potential sell signal on the CHF/USD currency pair has emerged due to the formation of a double top pattern on a resistance level. This pattern indicates a potential reversal of the previous upward trend and suggests that a downward movement could follow. Traders considering this setup may look for a target price of 1.0996 and set a stop-loss order at 1.1567 to...
EURCHF managed to form a rising wedge pattern near the 🔴 resistance zone 🔴 and the downtrend line . EURCHF managed to break the lower line of the rising wedge pattern. I expect EURCHF will go DOWN again to the 🟢 heavy support zone 🟢. 🔅Euro/Swiss Franc Analyze (EURCHF), 4-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every...
Hello traders ,what do you think about GOLD? After falling and reaching the support zone, gold has started its correction. We expect this correction to continue until the specified resistance zone and then fall to the specified level. If this post was useful to you, do not forget to like and comment.❤️
CADCHF managed to form a Head and Shoulders pattern after breaking the uptrend line. Also, CADCHF managed to break the neckline and 🟢 support zone(0.673CHF-0.672CHF) 🟢 in the past hours. 🔔I expect CADCHF to decline at least until the next 🟢 support zone(0.664CHF-0.661CHF) 🟢. 🔅Canadian Dollar/Swiss Franc Analyze ( CADCHF) 4-hour time frame ⏰. Do not forget to...
Bullish AB=CD pattern is formed on currency pair GBPJPY and now the trend will be reverseded from D to bullish. Manage your levels accordingly.
As you can see, the channel has been formed, so i just wait for confirmation to entry DYOR
A risky play here as GBP/USD rejects and falls back under 1.2667. There are two important highlights about taking a short here: 1) Price is still in an uptrend, so sizing must be small because it is risky to go short without confirmation. 2) That said, the potential reward is MASSIVE - considering a final TP around 1.07 you have a R/R of 17:1 A $100 risk...
Hy team hope you all are enjoying our ideas and analysis. Now we are here to discuss about EURNZD. EURNZD exact moved According our analysis from Fib level 0.6 as we predicted. Now here it has maximum Chances we can see a good drop in price. We can see upto 200+Pips drop in price. Keep in touch we will update further soon.
The current market conditions reflect a bullish trend for the Euro (EUR) in the short-term. This means that for the next few weeks to months, the EUR is expected to appreciate in value against other currencies. Various factors are driving this momentum, such as positive economic data from the Eurozone, including improving GDP growth rates, low unemployment rates,...
EUR/AUD is giving a good chance for Bulls to win $$$$$$. Notice the bullish flag in 1D has broken up ( there is another bullish flag in 4H chart too) I'll be targeting the level shown on the chart, or higher if possible. Have a safe trade to all!
The EUR/USD pair may face potential downside risks as a bearish outlook emerges, primarily due to the formation of a double top pattern on the 1-hour timeframe. This pattern typically indicates a potential trend reversal and suggests that the buying momentum may be weakening. With the double top pattern in place, there is a higher probability of a downward price...
This trade will take a while but is so worth it. Last week's candle showing strong buying support; ready to breakout to new highs. Targets above in orange. I'll start 3 positions, trim 2 at the orange lines and the final at the supply zone above.