onzzfx

onzzfx

Price is coming to a strong level of resistance which has been respected on numerous occasions. As well as this, price has now formed a rising wedge which indicates that a drop will come very soon. Before taking this trade it is important to wait for confirmation, such as long wicks to the upside on a lower time frame which shows rejection in buying pressure. Good luck!

onzzfx

This pair is in a Daily downtrend, however we can see a rising wedge pattern up to a point that has acted as support and resistance in the past. We can also see a double top on the 4hr chart as well as long wicks to the upside which shows rejection in buying power. Therefore I think we should see some movement towards the downside. - Good luck and trade safe!

onzzfx

We can see that that a rising wedge has been formed and as we are at a key level where price has used as support and resistance before, as well seeing multiple daily candle rejection for buying power. We can start looking for shorting opportunities. -Good luck and trade safe with correct risk management..

onzzfx

A clear double Bottom has been formed on this pair in a key area that has acted has support and resistance numerous times. The long wicks towards the downside show a rejection in selling power which also indicates that this would be a good area to BUY in. -Good luck and trade safe with correct risk management!

onzzfx

Price comes to an area that has acted as support and resistance on many occasions, before another buying opportunity I expect a drop, as this pair has been buying pretty heavily therefore we should see some exhaustion in price, as well as a strong CHF all this upcoming week. - Good luck, trade safe with correct risk management