AUDCHF has retraced to the upper boundary of the channel, coinciding with a significant key level established on the daily timeframe. Our anticipation revolves around a potential reversal towards the lower demand zone identified previously, prior to any potential rally. Should the bullish momentum persist, a breakout above may materialize. However, it's crucial to...
AUDCAD has formed a prominent bearish channel, and the current market price is stabilizing at a crucial level within a demand zone pinpointed on both the hourly and daily timeframes. I am patiently anticipating a bullish breakout accompanied by a convincing reversal pattern at the lower end of the channel.f
AAVEUSDT has experienced a notable bullish breakout, forming a falling wedge pattern under the 4-hour timeframe. This breakout was accompanied by the significant breach of a long-standing trend line, reinforcing the bullish sentiment. Additionally, within lower timeframes, an inverted head and shoulders pattern has emerged, further bolstering the case for a...
GOLD has once more adhered to the upper boundary, showing resilience against the hourly resistance near the 2040 mark. Anticipating a downward movement, we foresee a retreat in prices towards the established bottom support at the 1980 level. Despite the ongoing bearish expectations, it's noteworthy that the breakout on the major trend and bullish channel persists,...
The GBPUSD has exhibited a bearish breakout from a rising wedge pattern formed on the hourly timeframe. We anticipate a downward momentum for this pair, supported by the confirmation derived from recent price action.
The EURUSD has recently experienced a bearish breakout from a bear flag formation observed on the hourly timeframe. I anticipate a continued decline in this currency pair towards the identified bottom support. The presence of a robust hourly bearish trend line further supports this idea, reinforced by recent confirmations in the market.
DXY has recently initiated a bullish breakout, departing from the previously formed bearish channel. Following a robust reversal subsequent to the confirmation of bullish signals, the price is exhibiting continued strength. There is a prospect of further upside momentum, with the next targeted objective being the attainment of new swing highs.
Gold recently deceived with a false bullish breakout in the weekly/daily supply zone, leading to a bearish reversal. Additionally, the 4-hour timeframe revealed a recent bearish breakout along the trend line, supported by identified confirmations. Anticipating a downside momentum, we also foresee a potential approach to lower levels, possibly nearing the weekly...
Bitcoin has formed an expanding channel, indicating a potential bearish breakout. Despite this, the current price of Bitcoin remains above the crucial level identified. Should Bitcoin experience a bearish breakout at the highlighted key level in the coming days, it may signal a continuation of the bearish trend, confirming the breakout.
SOLUSDT has initiated a bullish breakout from a previously bearish channel, indicating the possibility of upward momentum. The current price trend and traders' sentiment suggest a potential for a revisit to the recent highs, reaching approximately $125.
The EURCHF has recently verified a breakout from an ABC pattern, indicating the potential for an upward rally. This is supported by the formation of lower highs in the recent swing, and the breakout at a key level further reinforces this bullish outlook.
CADCHF has established an ascending triangle pattern, and a bullish breakout is essential to anticipate an upward rally. Confirmation of a breakout above the key level, as determined by the identified triangular pattern, signals the potential for a substantial bullish movement towards the previously established high swing low.
CHFJPY has recently formed a rising wedge pattern, and there is now a breakout occurring at the lower boundary. This breakout is anticipated to lead to the formation of a corrective leg, with the potential for a retracement back towards the 50% level of the current bullish trend. Additionally, the 50% level aligns with a significant key zone, providing a...
AUDCAD has successfully executed a bullish breakout, breaching both the trendline and the formed triangle. Despite the presence of a bearish expanding channel, there is potential for a bullish reversal to the upside, supported by a well-confirmed breakout. Given the recent confirmation of the breakout, we anticipate a rally towards the most recent swing high on the pair.
GBPAUD has recently seized liquidity above the prior higher high, resulting in a Change of Character (ChoCh) currently nested within the Fast Vertical Gaps (FVG) and Order Block (OB) responsible for the ChoCh on the 1-hour timeframe. Anticipating a downward momentum, we expect a continuation of the bearish trend towards the recent swing low.
AVAXUSDT has undergone a Change of Character (ChoCh) and is currently in a pullback phase to interact with the Order Block (OB) responsible for the ChoCh. We anticipate a price reversal above the OB and the identified demand zone, facilitated by a significant pullback. Our expectation is for the reversal to lead towards a revisit to the most recent swing high on the chart.
AUDCHF has formed a falling wedge pattern, marked by a breakout and subsequent pullback towards the identified demand zone. We anticipate a potential retracement to the Order Block (OB) responsible for the recent Change of Character (ChoCh). Our expectation is a reversal towards the latest swing high on the pair, supporting our decision to enter a long position.
EURAUD has undergone a significant Change of Character (ChoCh), signaling a reversal, notably marked by Fair Value Gaps (FVG) and Order Blocks (OB). We've initiated a long entry, targeting the recent swing high, guided by the identified Order Block.