If it breaks on 69791.41 on 1hour time frame this will be the moves that I am expecting today. If we waited patiently until it breaks 69791.41 we can get these 3days today. Let's see
Uptrend moment in stock
Volume and breakout chart
Global and our market at bulish
This stock bulish
No recommendation for buy and sell
Take own analysis
Asset- EURCAD
TImeFrame-15min
Observation- Retest at level 1.44033 forming a W pattern that is a strong buy signal for me, retracement till the golden level can give approx 1:3 reward(X500). Around 45pipps
Market is in bull run there is chance for liquidty swap, which I can see right now.
Market has astong resistance around this level
we might get a swing or 0.03%-0.07% change
The price has rejected from the potential reversal zone ( PRZ ) its is likely to reverse the trend from here . The price has made a bearish divergence here. Wait for the trend to reverse and make Lower highs and lower lows. Sell at the break of first LL.
Here is my basic levels of value that I look for to place my trades, daily , weekly levels , pocs , and some SR .
Vwap and volume .
Now all its left is ... Place you trades .
GBPJPY currently in a consolidation (sideways channel), best advice is to sit this one out and let it play out. Direction of breakout can’t be predicted and is based more on fundamentals than TA. Japan has 2 news event coming up later today so let’s watch but their last few news event didn’t affect the market much either so don’t go crazy with position based off...
