(H1) - Another descending channel forming after changing the directional bias. This pair is largely similar to the movement we saw on eur/jpy yesterday. (M30) - I will be looking for a break out break back in scenario that we saw with eur/jpy soon. To do this I will be using the closest key level which for me will be the previous break & retest of support which...
Strong hold of resistance with multiple wick rejections. We are approaching a level where price may react strongly too. Will be looking for entries on the H1 timeframe.
Good hold of support becoming resistance after price broke the previous double bottom. Structure looks pretty perfect.
Eyes on this zone around the 618 fib level for potential continuations.
Strong bullish indicator presenting for EUR/NZD. Now price has created a new high showing signs of continuation, I will be waiting for the pullback to before looking for entries.
Trendline break & retest around 50% fib level. I have marked a zone that I believe price should hold strong at look at entries. H4 closes in 46 minutes.
Stopped at breakeven on previous pair. Looking for re entries on this double top formation.
Good morning traders, EUR/JPY has just broken resistance and created a new higher high. We are now in a bullish phase of the market and will be looking for buys. Price seems to have created the next higher low to continue this bullish sequence.
TECHNICAL ANALYSIS FOR EDUCATIONAL PURPOSE ONLY. A positive move is expected in nifty in the coming days. The above analysis is done using:- - Fibonacci Retracement - RSI - MACD
on the hourly timeframe discrepancy with the AO indicator. Indicates that there is no power to continue upward. on the daytime timeframe, the AO indicator has gone long. Two shopping areas: when the exit is up. or on a rollback to pick up. rollback down or sidewall likely to unload indicators for further growth. main resistance zone 2.5$