USDJPYUSDJPY is in very strong bullish trend and has break through bullish flag pattern. and it seems like sky is the limit for this pair amid very weak JPY. USDJPY is the best example of Trend is your friend.
What you guys think of this idea?
JTS
EURCHFEURAUD was trading in bearish channel and then broke through the channel and currently the price is ranging or we can say that price is creating a strong support. If this support is supposed to hold the initial upside target could be 1.6880 followed by 1.6970.
GBPUSDGBPUSD is trading in descending channel and printing consistent LLs LHs. Currently the price is trading at important resistance zone. As the red candles at resistance zone indicating the sell pressure.
If the sell momentum continues the red next target could be 1.2550 region.
What you guys think of this idea?
ADAUSDTADAUSDTis trading in symmetrical triangle pattern. The price is reacting well the support and resistance of triangle.
Currently the price is at the support of triangle where it is also forming a local support zone and seems like the price may break through the triangle.
If the breakout sustain to upside the optimum target could be 0.2650 followed by 0.2700.
TRBUSDTTRBUSDT has formed bullish flag pattern and currently the price is trading at previous support zone and also getting support from flag.
if this support holds and flag breakout happens it will be strong bullish leg with target of 14.50 followed by 15.
What you guys think of this idea?
USDCADUSOIL is trading in bullish parallel channel and printing consistent HHs HLs. Currently the price is retracing to important support zone. As the green candles at support zone indicating the bulls are still alive.
If the bullish momentum continues the next target could be 1.3640 region.
USOILUSOIL is trading in descending channel and printing consistent LLs LHs. Currently the price is trading at important resistance zone. As the red candles at resistance zone indicating the sell pressure.
If the sell momentum continues the red next target could be 77.50 region.
HOOKUSDTHOOKUSDT has formed multiple bullish pattern. Initially it has formed inverted head and shoulder and also has given the breakout of neckline.
and now it is trading in bullish rectangle and seems like it is on the verge of breakout.
if the breakout holds , it will be nice setup to go long.
XVGUSDTXVGUSDT was trading descending channel and recently bulls took the charge and has given the breakout from descending channel. Currently the price is retracing and creating the support around 0.00357 region.
Will the bulls take charge again continue for leg higher ?
EURAUDEURAUD is in strong bullish run and respecting the inclining trendline. Currently the price has retraced to support zone which is 38% fib level as well.
This level is giving good bullish confluence for another leg higher.
AUDCADAUDCAD is trading in descending parallel channel and consistently printing LH and LLs.
As the price has reached to resistance area its nice place for bears to attack and print new LL.
Resistance area has shown good sell pressure and it is making strong red candles.
What you guys think of this idea?
US500US500 is trading in descending channel and recently form the bearish flag within the channel and now the price is at the verge of breakout of bearish flag.
if the breakout from bearish flag happens then the next target could be support of bearish channel which is around 4340 region.
CADJPY CADJPY has break the inclining trendline and important support zone heading toward the lower targets of 160.50 area.
As the price has also break the local descending channel to downside which is also signaling the sell side is much favorable.
What you guys think of this idea. ?
EURCADEURCAD has formed a wide range of over 100 pips.
Sometime ranges are good phase to trade , just sell the top and buy the bottom.
As the the EURO has fall sharply to support zone with bullish divergence, it seems like now is the time for bulls to take control.
What you guys think of this idea?
AUDNZDAUDNZD is trading in symmetrical triangle pattern. The price is reacting well the support and resistance of triangle.
Currently the price is at the support of triangle where it is also forming a local support zone and seems like the price may break through the triangle.
If the breakout sustain to upside the optimum target could be 1.0842 followed by 1.0880.
NZDJPYNZDJPY was trading descending channel and recently bulls took the charge and has given the breakout from descending channel. Currently the price is retracing and creating the support around 86.65 region.
Will the bulls take charge again?
KSMUSDTKSMUSDT is trading in bearish trend.
Recently the instrument was trading in range bound and now it has broke the range to downside.
Will this breakout sustain and price will head to even downside?
HBARUSDTHBARUSDT is trading in Symmetrical triangle.
Recently the price has retracing to 50% Fib level, which is the support level from inclining trendline. There are more chances that the bulls will strike back and took advantage from this bullish confluence.
What you guys think of this idea ?
PEPEUSDTPEPEUSDT is in the formation of ABCD pattern.
As the pair has completed AB and perfectly retraced the BC wave and now looking for continuation of CD length.
If pair head towards CD the 1st optimum target could be the bottom of B wave.
What you people think of it?
SUIUSDTSUIUSDT is getting good bullish momentum and trading in bullish parallel channel. Currently the price the making support around the support of bullish channel which is a good sign for bulls to attack the trend and send price to even higher side.
OPUSDTOP is forming a Symmetrical triangle..
Recently the price has retraced the bit of bearish move and now the instrument is trading at broken support which being act as a support. There are more chances that price will fall from this resistance area.
What you guys think of this idea ?
EURJPYEURJPY is heading towards major resistance zone, where in past sellers already had shown good sell pressure .
If the sellers took charge from resistance area then the optimum target could be 158.
What you guys think about it ?
CADCHFCADCHF is trading at support level.
recently the price has shown good bullish reaction from this level. As the price has created local bearish channel. fortunately the support of the channel is at major support level.
Will the bulls attack this level.
