The Canadian dollar opened with a gap up, but not accompanied by significant volume.And not only that at 15m tf has formed a pattern.Buying this pair is very risky now and we have to wait for the news to confirm entry.As usual, if you want to sell, you can pending sell stop and buy stop orders outside the rectangle.And the oscillator indicator also shows a...
Dxy tries to test the supply in the 105 area. If the price manages to penetrate this area, the price will continue to increase until the next supply.Not only that, on the hourly timeframe a bullish pennant pattern is formed
XAU is currently trying to make up for the supply area at 1866.426, if the price closes above that area, the price will continue to rise to find further supply.But if the price fails to penetrate that area, the price will return to test the demand area
💡Key to :
💡 Supply 1866.426 - 1894
💡Demand 1782 -1786
As in the previous analysis.Gold has reached the first supply area And gold can't penetrate this area.So there is a possibility that gold will experience a decline. looking for the nearest demand And the AO indicator has also shown signs of a reversal, that is, the price has increased while the AO indicator has decreased.
AUD has tried several times to penetrate the supply area but failed. As usual, if the price fails to penetrate the supply, the price will test the nearest demand area.Not only that, the AO indicator also shows Divergent, which is a signal that a reversal will occur soon.
Sell if break trend line
On the 1-hour timeframe, the price has made a bearish flag pattern, which is a pattern for continuing the price decline .But we have to wait for the price to break the trendline.
Sell if price break trend line
The AO indicator shows divergence, and on the GBPUSD chart it is trying to penetrate the nearest demand area. If this demand area is not penetrated the price will pull back, and if the price closes successfully Below this area the price will continue its decline towards the next demand
EURUSD.The first supply has been reached, and rejection has occurred.
Dqn on the AO indicator has also shown signs of a reversal, where on the chart the price is making an increase while on the AO indicator the price is making a decrease.Sell if it breaks the trendline
Currently bitcoin is on a sideway in the daily time frame. but if we look at the weekly timeframe bitcoin is making a deline.
As seen in the chart, the price has the potential to drop to 11K .But what's interesting from the chart above is that the AO oscillator indicator shows a divergence, which is a signal for a reversal.And I have my own estimates that the...
USDJPY is trying to test the demand area as shown in the chart.If the price penetrates this area and closes past the demand, the price has the potential to continue declining to the next demand area.Or if it doesn't manage to penetrate that area, the price has the potential to go back looking for the nearest supply.
💡Key To Watch
*Area 129.5 - 130.4
*Supply Area...
Preparation GBPUSD will fall to Fibonacci 1.61
💡Resistance 1 1.20650
💡 Resistance 2 1.21050
💡Pivot 1.19350
We'll see what happens next 😅
Because the market is always right
