1) Break of ranging triangle 2) Higher low on higher timeframe 3) Retest of that small descending traingle trendline
Trendline touch on the weekly chart for Gold. The small descending trendline could be a potential dynamic resistance.
Touch of trendline of the swiss, it even performed a head and shoulders pattern on 1hr timeframe which will be posted in the comments. What is your bias mid/long term?
UJ has been in a strong uptrend for a while, as predicted in my previous idea. The price is currently ranging in a bullish flag and we can expect to break to the upside. Possible entries would be around the retest of that break.
The kiwi is targeting the 5 years high of 0.75500 made in 2017. What do you think will happen?
As stated in the title, the bias for AU is bullish due to these trendlines and the price's reaction to it. The new higher high could be around the 0.81 mark or even the 0.82 level.
Price could easily have more momentum to the downside as shown through the trendlines, targeting the 1670-1660 support area. What are your opinions?
The cable has been in an uptrend since October, starting from the 1.27 area and is currently approaching the 1.40 resistance which was last crossed at the beginning of 2018. On this chart the EMA acts as a dynamic support. All I can say is that it'll be interesting to look at the pound over the next few days.
Gold is in a correction structure on the 15 minutes timeframe which could be broken during London and Ny sessions in a few hours. A bullish break will bring back the price around the 1850 resistance. A bearish break will bring the price down to the 1800 mark. Do you think it'll go bullish or bearish?
The australian dollar is approaching the major resistance of 0.78. It had a strong reaction to it so what do you think will happen?
The price has been in a downtrend sice covid, it clearly has broken the trend as it starting to make higher highs and higher lows. Let's see if it'll break the 105.00 mark first (today) and the 106.00 level subsequently for a confirmation of trend reversal
Trendline touch on multiple timeframes, could be bullish if does respect the small trendline on 15 minutes
Continuation of the downtrend, the dynamic support of the triangle on daily tf was broken and has now been retested. First entry could be on the break of that small ascending trendline on 15 minutes tf (break of correction) If that fails, the second entry should be around the 1800 area as long as a clear rejection occurs. Target could be anywhere between the...
Correction seems to be over, pressure on that 1830 support seems to be getting stronger.