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hey traders, on USDCAD we have almost completed harmonic bullish bat pattern on a daily chart . I have my buy limit order on 1.307 level. Stop - 1.3 T1 - 1.315 T2 - 1.320
If price can be rejected at 1.29434, we could witness a short term cable reversal to the uptrend, otherwise daily bearish trend will continue.
CHFJPY has been bearish since Thursday 19/12 and this negative sentiments could continue coming week. A pullback towards resistant zone is needed for the downtrend to continue on H4.
On the Daily we can see a clear ascending price structure, which now also has a very clear support / resistance zone being respected as well. The daily candle has failed to close above this level several times now so i will be looking for a short entry at the start of this week on the lower time frames.
Sell OANDA:XAUUSD Tendency: Bearish Indicators: Resistance line. Oscillator: Stochastic Fundamentals: Strong stock market performance TVC:SPX Follow us on youtube for further analysis: www.youtube.com Comment, share, follow and like us, it means alot to us and our contribution to this beautiful community. GOOODLUCK
Trading 'key zone' to 'key zone' really does take the pressure off of intraday trading. Come on NZDUSD , let's see what you've got! Bearish momentum on the M15 makes me inclined to look out for the formation of a reversal pattern. Still, there's a potential for NU to push up to the trendline before selling. Let see how this plays out. Happy trading. You've got this!
NZDJPY LONG ANALYSIS- 1. BREAK OF DESCENDING TRENDLINE 2. RETEST OF TREND LINE 3. BULLISH PINBAR FORMATION AT TREND LINE
BUY FX:EURJPY Tendency: BULLISH Oscillator: Stochastic Wait to RETEST the support, to go long after. R:R = 2.77 Follow us on youtube for further analysis: www.youtube.com Comment, share, follow and like us, it means alot to us and our contribution to this beautiful community. GOOODLUCK
WIth USDCHF breaking its bearish trendline, the pair is gathering momentum for a short term rally. Any decline towards 0.97996 will likely be a good entry level to go long
we have a Descending channel ,breakout in 1hr timeframe,+ retesting, rejection of 50% fibonacci wait for a confirmation.
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