As we can see that gold is now in a consolidation zone. Although it got rejection from the support, there is no confirmation of upside movement unless we break abover the resistance and create a new higher high. We can also go lower as well. We're neutral on this pair right now and expect some opportunities on a lower time frame on retest of structure after breakout.
Hi, as you can see from the chart the pair has broken through a downtrend trend line and has formed a new higher high. It is now in a period of consolidation. We can expect to look for possible Trend continuation on the upside if we get a breakout from the triangle. Good luck and Trade Green!
market has reached daily support level Strucutre : BULLISH buy above S1 on pullback with confirmation Like the post for more updates on this idea GOOD LUCK TRADE GREEN
Market has reached a strong support level and bounce from there.. nice bullish engulfing candle confirms the bounce .. GOOD LUCK TRADE GREEN
We have reached the lowest we can for this year. The pair has given us a rejection from that point and can move upwards. Waiting for some confirmation or a possible breakout downwards. Let''s see where this goes! Trade Green!
The pair has been in an uptrend for quite some days. It has finally reached a resistance zone and is trying to consolidate there. We expect it to move downwards from that zone towards the support zone as shown! Trade Green!
Market closed last week with a pinbar ,,This shows that buyers were ready to take the market up at the Daily support level. now we have to wait for a market close above the trendline and wait for pullback ... Trade on short time frames with confirmation GOOD LUCK TRADE GREEN
When we look at the daily chart, the pair seems to be in a downtrend for a long time. It tried to bounce upwards but couldn't get past the higher lows of the previous level and got rejected which tells us that this pair might have more potential to go downwards than upwards. Good luck and Trade Green!
looks like market is ready to drops with double top formed with a healthy nice pullback... stops above swing high ----> GOOD LUCK TRADE GREEN
The pair has reached an important resistance zone from which it has been rejected multiple times in the past. We expect a further downward movement on this pair!
Makret has reached a strong resistance arean and formed a nice double top ..From here we can expect a Reversal --> Stops above swing high ----> TP1 : 1:1 R/R -----> TP2 :S1 GOOD LUCK TRADE GREEN
Following the Major downtrend which was Bearish.. Now Market has found some support and started to move COunter trend--- >Bullish We have very nice setups with stops below swing low -----> TP1 : 1:1 ----> TP2 : S1 GOOD LUCK TRADE GREEN
GBPCAD / H4 / Technical Analysis
last week market pushed up from the support level..now after some drop market bounced again from same level forming a double bottom... High probability Trade .. ---> Buy ---> Stops below swing low ----> S1 , S2
market after breaking the support strucuture has pulled back up to retest the structure where we r looking for a sell opportunity Trade ON H1 TF First target 1:1 R:R with stops above swing high
Last leg of Bat pattern is almost complete and now we can place the shorts here with stops above X GOOD LUCK TRADE GREEN
There is a possible formation of inverted head and shoulders pattern on H1 on this pair. We can expect an upward movement if it is formed
The overall trend of the pair looks to be uptrend but it's currently in a minor downtrend and might retest. For now we have gotten a nice rejection from the minor downtrend and expect the pair to fall down more and retest the major trend line. Trade Green!