GBPCHF: Strong Bearish Pattern🇬🇧🇨🇭
There is a high probability that GBPCHF will drop soon.
A formation of a head & shoulders pattern after a test of a key resistance
and a consequent breakout of its neckline provide a strong bearish signal.
Goal - 1.131
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Priceactionsignals
CHFJPY: Pullback From Support 🇨🇭🇯🇵
CHFJPY looks bullish after a test of a key horizontal support.
As a confirmation, I identified a double bottom pattern
on an hourly.
Its neckline was violated with the market opening today.
I believe that the pair will continue rising at least to 167.0 level.
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USDCAD: Bullish Trend Continues 🇺🇸🇨🇦
USDCAD looks bullish after a breakout of a resistance line
of a bullish flag pattern on a daily.
Retesting that the price formed a double bottom on an hourly.
Nice the price will most likely increase more.
Goals: 1.4485 / 1.4490
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GBPAUD: Consolidation Trading 🇬🇧🇦🇺
GBPAUD is consolidating.
The price is stuck with a horizontal parallel channel on an hourly time frame.
We see a strong bullish reaction to its support.
The pair formed a cup & handle pattern.
With a high probability, the market will keep rising and reach the resistance of the range.
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CADJPY: Bearish Continuation Confirmed 🇨🇦🇯🇵
It looks like CADJPY is returning to a bearish trend.
The price completed a consolidation within a bearish flag
and violated its support with a high momentum bearish candle yesterday.
With a high probability, the pair will continue falling soon.
Next support - 107.15
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EURAUD: Bullish Outlook Explained 🇪🇺 🇦🇺
EURAUD looks bullish after a false breakout of a significant
intraday/daily demand zone.
As a confirmation, I see a bullish imbalance and a violation
of an intraday horizontal resistance on an hourly time frame.
I expect a movement up at least to 1.6596
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CADCHF: Bullish Move From Key Level 🇨🇦🇨🇭
CADCHF formed a nice trend-following bullish setup.
After a test of a key level, the price bounced and violated
a resistance line of a bullish flag pattern.
We can expect a bullish continuation at least to 0.6372 level now.
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GBPJPY: Early Morning Day Trade 🇬🇧🇯🇵
GBPJPY looks bearish after a test of a key daily horizontal resistance.
The price formed a tiny double top pattern on that on an hourly,
giving us a strong intraday selling signal.
We can anticipate a bearish continuation at least to 192.076 now.
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GBPCAD: One More Bearish Confirmation?! 🇬🇧🇨🇦
GBPCAD forms one more bearish pattern on a 4H time frame
after a retest of a recently broken neckline of a head & shoulders pattern on a daily.
Chances are high that the price will go down and reach at least 1.7876 level.
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CHFJPY: Intraday Bearish Move Confirmed 🇨🇭🇯🇵
I think that CHFJPY may retrace from a key daily horizontal resistance.
I spotted a formation of a symmetrical triangle pattern on an hourly time
frame after its test.
The breakout of its support line indicates a local strength of the sellers.
We can expect an intraday bearish movement at least to 171.82 level.
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AUDCHF: Time For Correctional Movement 🇦🇺🇨🇭
Looks like AUDUSD is going to start a bullish correctional movement
after a test of a wide daily horizontal demand zone.
My confirmation signal is a bullish breakout of a resistance line
of a symmetrical triangle on an hourly.
Goal - 0.5708
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EURJPY: Time for Pullback 🇪🇺🇯🇵
EURJPY looks too oversold after the yesterday's bearish movement.
Testing a key daily horizontal support, we see a clear intraday
bullish reversal.
The price formed a cup & handle pattern on an hourly time frame
and successfully violated its neckline.
We can anticipate a pullback at least to 157.9
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GBPUSD: Time to Buy?! 🇬🇧🇺🇸
GBPUSD has a perfect potential to move up after
a confirmed breakout of a minor daily resistance.
After a retest of a broken structure, the price formed a double bottom on that
and violated its neckline with a strong bullish imbalance.
The price may reach 1.2732 level soon.
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