In my opinion, it's a bearish flag by watching HTF which give an idea that momentum is strong for downside and it will break soon downside of this Channel after the formation of Double Top or H&S Pattern on top of FLag
Expect retracement on this pair before we continue bearish momentum
GBPAUD has rejected well from the resistance region and also had breakout of major Daily bullish trendline. Looking shorts only on this pair.
EURJPY On weekly Time-frame has already broken above 130.000 resistance zone which is currently acting as a support, This week is important for this pair, we are looking into it on Lower time frame if price break and give confirmation below 130.800 which is holding firm support since last then we can see it going to 130.000 and from that point we will be taking a...
We look it go bearish after breakout or enter now with proper Risk management
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Pound vs Swiss France pair took the Bearish momentum after the breakout of Bullish Trend at the end of May month and then it retraced and started New Lows and Since that time this pair is in bearish Momentum. Currently, we can notice that price has touched the trendline third time and laying at the very interesting level of resistance 1.28000 plus 61.8 Fibonacci...
EURO vs DOLLAR 1.18000 Resistance held firm and Euro fell badly in the final days of Last Week on and on Friday Dollar took massive strength and Euro plunged and closed above 1.16 level. Personally, Waiting for it to make new lower high because it has broken below the Daily Bullish Trendline and we could Sell it then to 1.154 Strong Support. Further will be...
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Euro vs Dollar (EURUSD) Was in bullish run till mid of April 2018 and then It break below the Bullish Trendline and since that time its Continuously making the New lows and as we can read in the last technical Blog of EURUSD pair that it was hesitating to break below the 1.16500 due to another Bullish Trendline From bottom. Now on this pair, we could notice that...
EURO DOLLAR has been showing consolidation , on Weekly TF if candle closes above 1.23 then we can expect it to make new HH and which can take EU to 1.28 . If you find this analysis Useful Then like and Comment.
Audusd Retracement completed after head&shoulder pattern ,now its time for meltdown.