Hello Awesome Traders!
Let's take a closer look at EURJPY today. The price action is currently indicating a rectangle channel, and excitingly, the price has just broken above the UPPER TRENDLINE at 165.363!
Here are the key levels to watch:
UPPER TRENDLINE BREAKOUT: 165.363
Mid: 163.803
LOWER TRENDLINE BREAKOUT: 162.294
With this breakout, we're eyeing...
👋 Hello traders, and welcome! I trust everyone is having a fantastic trading week. Today, let's explore the dynamic world of gold together. I want to underscore my trading approach – decisions are grounded in current market data, steering clear of assumptions or speculative guesses about future price movements until patterns materialize and are confirmed.
In this...
Hello Traders! Welcome! Today, we're examining AUDCAD and identifying a promising trading opportunity. The price has been moving within the boundaries of trendlines, with the upper trendline breakout at 0.89883 and the lower trendline breakout at 0.89382. Notably, the price has recently broken below the lower trendline breakout at 0.89382, suggesting a bearish...
Greetings Traders! Welcome aboard! Today, let's explore AUDUSD for an exciting trading opportunity. The upper trendline breakout stands at 0.67286, while the lower trendline breakout is at 0.66480. Notably, the price has recently broken below the lower trendline at 0.66480, suggesting a potential bearish scenario. Targets are determined by measuring the rectangle...
CADCHF is currently trading within a rectangular channel, marked by boundaries of support and resistance levels. The Upper Trend Line Breakout is at 0.68317, and the Lower Trend Line Breakout is at 0.64586.
A break through the boundaries of these trendlines will validate the rectangular channel pattern.
Hello Traders! 🌟
Today, we're diving deep into an exciting analysis of the AUD/CAD pair. Get ready, as we unfold the story this chart is telling us across various timeframes! 📈🔍
📊 Weekly Chart:
We've spotted a fascinating rectangular channel, indicating a consolidation phase. A key point here is the price rejection at the lower trendline (around 0.85627)....
Greetings, fellow traders! Let's shift our focus to NZDUSD, where an exciting trading opportunity awaits our attention.
The pair has notably established two distinct boundary lines, effectively containing the price within a rectangular channel. Notably, the price has recently breached the lower trend line, marking a significant development.
Key Points:
- Lower...
Hello traders, let's examine AUDUSD. The pair is currently trading within a rectangle channel below the Lower Trend Line Breakout at 0.64586. Potential downside targets include 50% at 0.62371 and 100% at 0.60156.
Hello traders and welcome! Let's take a look at AUDCAD, presenting a great trading opportunity.
AUDCAD is currently trading near the Lower Trend Line Breakout at 0.85627, within a rectangle channel.
A break below the Lower Trend Line Breakout at 0.85627 could target the 50% level at 0.80684 and the 100% level at 0.75825. However, it's important to note that...
Hello traders, and welcome to another AUDUSD technical analysis.
before we go ahed with the trading set up lets dive into Rectangle channel:
Rectangle channels, also known as trading ranges or horizontal channels, are common chart patterns used in technical analysis to identify price consolidation or sideways movements in financial markets. They occur when the...
Hello, Traders
Today, we are focusing our attention on the AUD/CAD pair, which is presenting a fantastic trading opportunity.
Upon analyzing its daily chart, we can observe that it has formed a rectangle pattern. The price has been oscillating within this pattern, bouncing back and forth between the boundary lines. Here are the critical levels to watch:
- Upper...
Hello Traders! 👋 It looks like it's time to refresh the idea in the British New Zealand (GBPNZD) pair. Since my last idea didn't turn out as expected, but no worries, I've got you covered.
The price on the hourly chart is currently trading within a rectangular channel between the upper trend line breakout at 2.05294 and the lower trend line breakout at...
Hello Traders and Welcome,
Today, we have an exciting trading opportunity on GBPUSD. The price has shown interesting behavior around the levels of 1.2800 and 1.2600. By connecting these rejection points, we can draw two parallel lines above and below, forming a support and resistance zone.
Now, let's unlock the vault and explore the patterns that GBPUSD is...
📢 **Hello Traders!**
Today, we're turning our attention to the CHFJPY currency pair, which is flashing some interesting signals for potential trading opportunities.
On its hourly chart, CHFJPY has carved out a rectangle channel pattern. The price has been oscillating between the upper trend line, set at 166.594, and the lower trend line, marked at 164.420. This...
Hello, Traders! 📈
Today, we're diving deep into TSLA's chart, and I'm excited to present a compelling trading opportunity based on a well-defined Rectangle Channel pattern.
📘 About Rectangle Channels:
Rectangle Channels are technical patterns formed by two parallel trendlines—support and resistance—that the price moves between. They represent periods of...
GBPNZD is trading in rectangle channel near the Mid: 2.06818.
Rectangle channels are only valid when the price breaks and closes above below the upper/lower trend lines breakout.
Stops Mid: 2.06818.
Upside Targets:
50%: 2.11526
100%: 2.13910
Downside Targets:
50%: 2.02131
100%: 1.99809
