AUDUSD has been going in a downtrend and is now slowly pulling back. It is now very possible it can continue down again once it breaks the correction trendline.
Im in for buys on this one. It is now low and it looks like it will fill the gap. I will just wait untill it breaks above the rectangle because that's the structure it made for sellers. The yellow lines represent support and resistance and i will place a buy-limit on it once it breaks the rectangle.
You can see the price at a supply zone rn and the price is prolly quite exhausted after this bullish move. I think this will be a good shorting opportunity.
I see this as a good buying opportunity because it tried to break below demand and failed.
If it breaks above once again it will most likely will go up because it will increase the chances of a real breakout. The trendline is also showing us the market is in a uptrend.
On this pair it made a decending triangle, it just broke below support. I think it will go up for a retest and continue down.
Here guys you got a triangle pattern + support there is a great chanse for it to go up.
Here i see a pattern i guess you can call expanding rising wedge. You can see a regular divergence with the rsi indicator, that's a sign of selling pressure. A good place to place entry would be between 0.74788 and 0.74818 in my opinion.
It seems to respect support. That's a good sign that buyers will be in control.
This looks like a good opporunity for sells because it's descending triangle. Wait and see if it breaks support first.
You can see the price made very impulsive move to the upside. It also just recent broke structure for the downtrend, and it made a double bottom pattern. That means it's a greater chance it will go up to retest trendline im my opinion.
You can see here it created a falling wedge pattern and that is a good sign for buys. Wait for a breakout.
This looks like a high quality setup because it broke out from a pattern which looks a lot like a pennant. Not only that but it seems to be respecting fibonacci and support!
I think this pair will continue up because it broke structure on daily timeframe. Higher the timeframe, greater is confirmation. I will look for buys at support because thats where it will be most likely to continue up if it will.
It recently broke below structure. So it's now retesting resistance. That means it's most likely to go down.
As you see here, it came down to major support then it went up and broke trendline. That means it's a good chance it will go up.
As you can see here, this pair is going in a clear uptrend. I think it might be a good buying opportunity once it come down to support/trendline/fib level.
On this pair you can see a flag pattern. That means if the price goes above the flag it will most likely continue up.