HendrxFX

HendrxFX

EURCAD Tapped into the Higher Time Frame Supply zone then created a structure shift to the downside which cause the massive sell from a technical perspective. Now, what I see is a sell continuation setup.

HendrxFX

This is my overall view of EURCAD. Since EURCAD is bearish on the daily timeframe, this outlook should be able to show you guys why the market is moving like this. Short term bearish but long term bullish.

HendrxFX

I'm expecting AU to tap into 0.72400 in order to grab the liquidity of the Equal Highs @ 0.72160 then continue to the downside.

HendrxFX

AU is ranging right now but the 4H time frame is bullish. Therefore, price could tap back into 0.72350 performing a liquidity grab; then push up.

HendrxFX Updated 

GBPUSD is in a 4H uptrend right now. Wait for corrective wave to complete. Wait for good confirmations to catch the impulsive wave. Leave a like if you agree and follow for mow updates.

HendrxFX Updated 

AU failed to reverse to the downside and did a liquidity grab to take out all the consolidation lows. I will be looking for longs after this pull back. Leave a like if you agree and follow for more updates.

HendrxFX

AUDUSD is doing a retracement to 0.70500 zone. I'm expecting a move to the downside. Wait for a structure shift to confirm this move.

HendrxFX

We just got a 0.5 daily fib retracement from AU. A 4 hr Structure shift will confirm this long analysis. Leave a like if you agree and follow for more updates.

HendrxFX

AU have been consolidating for a few days now. Lets see how price reacts to support.

HendrxFX

AUDUSD is creating a reversal pattern. So if this pattern is completed I will be looking for longs.

HendrxFX

AUDUSD is in a ranging phase right now. Therefore, I'm expecting price to go back to the resistance level. The Double Bottom formation shows that we could see that move to the next level.

HendrxFX

EURUSD is at a daily support level. We could see a reversal in the market since price is failing to break this daily support. Wait for price to break the resistance level to confirm possible reversal.

HendrxFX

AUDUSD has confirmed the reversal of the downtrend by breaking the trendline/ resistance level. Let's see if we can get a retest of 0.72800. Leave a like if you agree.

HendrxFX Updated 

GU created Equal highs at the daily level that I pointed out in my previous post. Expecting the market to drop next week.'

HendrxFX

AUDUSD seem to be creating equal lows. If price break above 0.72850 then I will be look for buys.

HendrxFX

I'm expecting GU to retest 1.38500 then continue to the downside.

HendrxFX

AUDUSD broke out of the consolidation that it was in for weeks. Now I'm expecting at least a 50% retracement. Then price to continue to the daily support level.

HendrxFX

GBPUSD tested the daily resistance level at 1.40000 and found massive selling pressure. GU broke below 1.37400, Now I'm expecting price too retest that level then continue to the Monthly support at 1.34000.