We Have GBPNZD Sitting At The Backside Of The Broken Up Trend Line Right Near The Down Trend Line, The Market Is Already Making Lower Lows And Lower Highs, The Market Already Broke The Counter Trendline In The Sell Zone And Now Its At The Backside of It. If You Take A Look At The Daily You Will Also Find That The Daily Had Recently Formed A Double Top Which Makes...
CADCHF Bigger Picture on The Higher Time Frame Is In Between A Consolidation Wedge, The Market Recently Came To Top of The Wedge And Got Rejected Forming A Head & Shoulders Pattern, This Is The 4th Time The Market Gets Rejected Off of This Trend Line, The Market Now Already Broke The Small Up Trend Line Putting The CAD Swiss In The Sell Zone.
LOW Broke Out Of Its Major Resistance With Good Earning Report, I Believe This Has The Potential To Go Up Higher
The Market Broke Out And Retraced To Retest The recent Support To Become Future Resistance Also At The Down Trend Line Forming A bearish Candlestick Formation...
GBPCAD Broke Out of Ascending Pennant Showing Continuation of The Up Trend. Ascending Pennant Is When The Market Makes Higher Lowes And Equal Highs, This Pattern Tends To Break Out To The Up Side. As You Can See The Market Still Has Free Space of About 170 Pips Till It Hits The next Past Support To Become Future Resistance And Also The Trend Line.
About 2 Weeks Ago NZDCAD Broke Out of Its Wedge Pattern At A Weekly Major Support (See Previous Posts On NZDCAD) Since Then We Have Had 2 Chances To Get In, 1st When It Broke Out 2nd Was At A Trend Line Break, Now We Have A 3rd One, The Daily Closed With A Bullish Engulfing Candlestick Formation (See Yellow Circle on The Candle) With A Counter Trend Line Break,...
The Market On The 4 Hour Chart Just Closed With A Full Body Candlestick And A Counter Trend Line Break, This Comes After The Market Previously Broke Out of A Wedge Pattern As You Can See On The Chart. If You Look Back On My Previous Post You Will See That The Wedge Pattern Is At A weekly Major Support Outlined On The Chart With The Green zone. I was Already In...
NZDCAD Weekly time frame is at a solid support level as you can see, the market have previously bounced off that area several times, it looks like the market is getting ready to do so now again with the market breaking some highs on the daily time frame, plus here on the weekly we can see the market has formed somewhat of a Bullish engulfing candle, on the daily...
NZDCAD weekly Time frame is at a major support, the Daily Time Frame formed a wedge pattern and now the market broke out of it with a full body candle, and the last candle toke out already some more highs, I believe this has a lot of potentials to go Bullish, I see there is a past support to become future resistance in around 150 pips (see the green dotted...
USDCHF all the way from the higher Time Frames is showing Bearish direction. Here is what we have here on The Daily. The market has formed Tweezer tops at the resistance line in the sell zone, and the market is already making lower lows and lower highs. Usdollar by its self is also showing that a bear market is coming. Reasons For Short : Tweezer...
The Weekly and Daily Time Frame are all bullish in middle of making their way up to resistance, coming from a strong solid support, the weekly time frame had scored a point and pulled back but I still believe that this is going up higher. the market has formed a double bottom and already broke the counter trend line Im going to wait for the market to pull back...
AUDNZD longer term time frames is showing a double bottom, since then the market kept going up, recently the market toke out a high and paused for a little bit, now the market broke out again with a Counter trend line break with a bullish engulfing candle showing continuation of the bullish move.
AussieJPY had a straight Bullish run for several days now, and on the daily it is now at past support that can become future resistance. if you take a look here at www.mataf.net and you pull up the Aussie Daily chart and you pull up the JPY Daily chart you will see that the Aussie is hitting a past support that can become future resistance and the the JPY is...
Pound Nzd broke out from the Head and Shoulder pattern with a strong bullish Candle. on the shorter time frame the market is is a little high, so all im waiting is for the market to retrace a little and its good to go.
Pound Aussie is at a major support level from its long term channel, as you can see the market has already been making recently higher highs and higher lows in the buy zone, now the Daily has also formed a Bullish Engulfing Candlestick Formation breaking the CTL. im waiting for a little pullback on the shorter time frame then its good to go.
We got a lot going on with the EURAUD that's showing Bullish signs for the next move. on the Daily we are at a Major support level from its long term channel, the market tried to break it last week but ended up closing with a bullish Engulfing CSF creating a double bottom. Now on the shorter Time Frame the market has already entered in the buy zone with a bullish...
DollarCad Weekly Formed A Bearish Engulfing CandleStick Formation after breaking out of its long term channel, USDCAD already retraced back up creating a lower high and now we have this bearish candlestick formation with a counter trend line break. the daily seems to be a little low already and might retrace, I don't plan getting out since its the beginning of the...
Hi All... AUDCAD on the Monthly/Weekly broke down from a key level support making a lower low lower then the previous low, Now the market has retraced to the past support level that has a high chance to become future resistance, A good way to see if it will hold as resistance is to wait for the 4 hour chart to break the counter trend line and take out the most...