CADJPY seem bearish as its printing Lower lows and Lower highs
GBPCHF can be seen sideways. we can take long position after breakout of Resistance level
NZDCAD printing ascending triangle pattern. after breakout we can long the trade
DXY index can be seen bearish after breakout of 101 zone. Also on daily time frame AB=CD harmonic pattern can be seen after breakout of 100.80 zone.
AUDUSD printing HH and HL in Parallels channel. we can take long position from here
USDCAD printed a bullish flag so we can take long position with projection price of 1.3723 area
USDJPY is bearish as its printing LL and LH. We can take short position.
GBPUSD is bearish as its printing Lower low and lower highs. we can take short position
EURGBP RSI divergence can be seen, So we can expect a trend reversal from here. it could be last lower low point
AUDUSD is printing higher highs and higher lows so we can rider bullish trend
USDCAD printed higher high and higher lows. now we can take long position
GBP just break the pervious resistance point and printed a higher high point now bullish trend can be seen, which can be confirmed after printing a new higher high from current price. So we can long after conformation of new higher high point
GBP just printed higher high and higher low we will wait till printing a new higher high for bullish trend conformation
MAGICUSDT is currently trading within a symmetric triangle pattern, characterized by a converging trendline of lower highs and higher lows. Traders can wait for a breakout of either the upper or lower trendline to confirm the direction of the next move, and enter a trade in the direction of the breakout.
USDCHF double bottom pattern can be seen, traders can wait for confirmation of a bullish trend by looking for higher highs and higher lows. Once neckline is break then confirmation is seen, traders can enter a long position with a stop loss below the double bottom pattern's neckline, targeting the pattern's projection or resistance levels.
For AUDUSD printed ABCD pattern and printed a Higher high from Potential Reversal Zone , traders can wait for confirmation of a bullish trend by looking for higher highs and higher lows. Once this confirmation is seen, traders can enter a long position with a stop loss below the most recent low.
For USDCAD's sideways chart, traders can look for price levels at which the currency pair has previously bounced, and consider taking trades at these levels. However, it's important to wait for confirmation of a breakout in either direction before entering a position.
GBPJPY is trading in a range-bound pattern, creating potential trading opportunities using support and resistance levels. Support represents a price level where buying pressure is strong enough to prevent further declines, while resistance represents a price level where selling pressure is strong enough to prevent further increases. Traders can use technical...