GBPNZD breakout of a very tight correction/flag after breakingout of an ascending channel.
GU about to breakout of a descending channel. The price is now correcting before the break and it formed a bullish flag which another confluence.
I will be looking to short GBPJPY this week. The price is in ascending channel (reversal pattern) and already made 3 touches on the upper part of the channel, now we waiting for the break. also it formed an inner channel/correction which is another confluence.
Price dropped impulsively after making a 3rd touch of an ascending channel on the higher timeframe. it then correctively formed a bearish flag (continuation pattern) signaling a continuation of the drop. I'm now anticipating it to continue dropping.
My first trade of the week, AUDCAD short. price breaks of of a bearish flag, which is a continuation pattern, I'm expecting the price to continue dropping lower.
I'm expecting Gold to reverse and start dropping this week
XAUUSD Weekly Topdown analysis. I'm expecting it to drop after making a 3rd touch on an ascending channel/rising wedge.
After ranging for over a week, GJ broke out of the Range this week, retraces, and it is now retesting the support zone, which is now a resistance.
After long rally, USDJPY retraces and retested a support zone. It is about to continue it's rally, DXY is Long as well.
This is how i got the GBPUSD iDea. So i believe the price is going to Drop. What are your thoughts on this ???
GBPUSD has been ranging for over a month now, but with the NFP outcome lastweek and the US pairs rallying, we are more likely to see a break to the downside. Thoughts ???
Topdown analysis on USDCAD. The dollar pairs are kinda bullish, but i still trust the USDCAD to drop
UJ buy. After hours of correction, the price finally breakout of the Bullish flag. High impact News coming out in minutes. Be careful.
USDCAD breaks out a rising Wedge which is a continuation pattern. The market was already in a downward trend then this deep retracement happened which formed the rising Wedge correctively. PS: USD High impact News coming in less than an hour. Be careful.
EU breaks out of correction after breaking out of an Ascending trendline
Gold broke out of a bearish flag/correction after a last weeks drop.
GJ correctively retest a resistance level and breaks out of the correction. I'm expecting the price to continue dropping.
Price formed a triangle which is a continuation pattern and it's now broken.