- Price has been respecting order blocks and imbalances. Price is currently in an order block - Order block targets should be to take out previous highs - reason why i expect this Order block to sweep highs is because Eurchf is currently in an uptrend
- Price has broken a from the wedge structure - Waiting for price to fall to the previous resistance zone - Resistance will turn support hopefully to continue with bullish trend
- Price finally broke a strong resistance area. I expect resistance to turn support - Support within the resistance lines up with the main Fibonacci levels - Strong uptrend, always wise to wait for a pulback before buying
Pretty self explanatory. - Support x Resistance trading - Strong downtrend
All TFs indicate AUDCAD is in a strong downtrend. In this recent downtrend, Lower highs have respected and rejected on resistance/support zones.
Price has entered into a bullish order block on the 15MIN time frame. Market has also formed a descending chanel so this could be the trigger for a breakout of the channel and retest. This is not a signal , just my analysis.
Gold has returned to a previous resistance zone. Price has grabbed liquidity and formed a reversal candle at a resistance zone , also creating a potential double top. NB : This isn't a signal , it is my analysis only.
** Not a signal** price has reached a support zone the aim is for the market to complete the double top pattern by reaching the neckline comment your thoughts and ideas :) like if you agree
1) Price has reached a strong zone 2) It looks like we have a double bottom / w shape *this is not a signal
1) Price has reached a strong resistance zone where price has struggled to break 2) we should see reject that zone once again
1) Previous support is turning resistance 2) resistance also lines up with the 0.5 and 0.618 level of the fibo retracement tool
1) Price is in an overall uptrend 2) Price has reached new resistance/previous support level which also alligns with the trendline
1) A head and Shoulders pattern has formed and price has currently retraced back to the neckline. 2) the neckline also allign with the 0.5 and 0.618 of the Fibo retracement tool 3) price is in and uptrend but a H&S pattern indicates a reversal
1) overall , price is in a downtrend currently , but this could be short-term until the 1.0800 zone 2) Price has reached the top of downtrend trendline
- daily , monthly and weekly are showing that price has reached a strong sell zone. however this will be short term sell as price is bearish overall on the monthly.
- price has reached the top of a trendline for a downtrend. - this trendline also lines up with a strong sell zone
- price has broken the acsending channel - waiting for price to retest the previous support