we are seeing that currently, we placed fresh major zones in AUDCAD, that has not been penetrated yet. We are currently in a nuetral position with this trading pair and we are looking to go either long or short based off what price action is going to be telling us.. we have the coordinates on each of my zones, in (AQUA) colour so you can see exactly where my...
GBPNZD we are looking to execute a long positiion on this pair as it is approching two major resistance points at 1.94165 and 1.94465, We want to see a break at the first major price (1.94165) for us to forcast a high projection in price. Both on the H1 and H4 are holding points to resistance close to price, We are looking to break uowards to do a slowed...
Inverted Head & Shoulders formation on the H1 time frame we are anticipating a continuation trend move upwards in price direction on the break and close of the heavy resistance area at 0.71091, we will see another extensive move with price soaring to the next major resistance to the 0.71379 area
CAD/JPY has formed a head and shoulders pattern on the H4 time frame, for one being a heavy/major time frame. The price moves very heavy in nature. It is in completion of the formation and is has bearish tendiencies after breaking and closing of the support (Neck Line) Enter on market position on the close below the neck line at market price
EURAUD long position after break AND close above the latest resistance area around the 1.57529 zone, we want to see this resistance break and close above the major line. We will see a re-test after major resistance line has been boken and price has closed above it. The resistance price line is fairly reinforced becuase of the hold with price of the last week,...
AUDNZD trade analysis: Price is coming up to the next major resistance area as it was in the last few weeks, resistance hit and failed Jan 22nd, Feb 5th, and Feb 8th. We can tell from the H1 and H4 that it has a stronger hold for resistance, and it is coming back currently to the same zone at 1.05388, so we can see an extensive push upwards if it breaks the area,...