This is my USDJPY 4H analysis. After a strong rally, the price broke the trend channel to the upside and shows some indecision, it is consolidating. The market is probably in a distribution and preparing for a drop to accumulation. Let us pay attention to price action so we can securely place our sell orders.
This is my USDCAD 4H analysis. After a strong downtrend, the price broke the trend channel and shows some indecision, it is consolidating. As it broke the channel to the upside, the market is probably accumulating and preparing for a rally to distribution. Let us pay attention to price action so we can securely place our buy orders.
This is my EURGBP 4H analysis. After a strong downtrend, the price broke the trend channel and shows some indecision, it is consolidating. As it broke the channel to the upside, the market is probably accumulating and preparing for a rally to distribution. Let us pay attention to price action so we can securely place our buy orders.
This is my 4H analysis for the NZDUSD currency pair. As we can see, it broke the downtrend channel to the upside and probably it is going to retest the last confluence zone and then continue bullish.
This is a trend analysis to US30 on the 4 hour chart, after consolidating on the upper confluence zone, we must expect a price drop to the lower zone, wait for the price to react and see some bullish momentum to enter a buy order, thus following the trend to the upside.
