CHFJPYCHFJPY is in strong bearish trend.
As the market is consistently printing new LLs and LHs.
currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL.
What you guys think of this idea?
Rejection_bars
NZDUSDNZDUSD is in strong bearish trend.
As the market is consistently printing new LLs and LHs.
currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL.
What you guys think of this idea?
ETHUSDTETHUSDT is in strong bearish trend.
As the market is consistently printing new LLs and LHs.
currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL.
What you guys think of this idea?
EURJPYEURJPY is trading in range bound with 250 PIPS range.
some time ranges are the best things to play just buy the support and sell the resistance.
as this one is 250 pips range which can deliver fine risk to reward.
currently the price is at resistance level and being rejected due to selling pressure.
will the pair head back to support area ?
what you guys think of this idea ?
SOLUSDTSOLUSDT is in strong bearish trend.
As the market is consistently printing new LLs and LHs.
currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL.
What you guys think of this idea?
GBPAUDGBPAUD is in strong bearish trend.
As the market is consistently printing new LLs and LHs.
currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL.
What you guys think of this idea?
Bad EU data momentum trade (Apr 3)Fundamentals & Sentiment
EUR:
There was a lower than consensus Inflation data and a bad Unemployment print. I use these as triggers for a short-term momentum trade.
CAD: Canadian economy is doing better than EU based on the main economic indicators. CAD is undervalued based on a few market internals (not EURCAD pairs though)
Technical & Other
Setup: S(RTF)
Setup timeframe: 1h
Trigger: 1h
Medium term: Down
Long-term: Range
Min target: April 2 low
Risk: 0.27%
Other: expected a rejection from the heavy MAs
CADCHFCADCHF is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the reasonable retracement level.
If the sell momentum continues the next target could be 0.6460
What you guys think of this idea?
USDCADIs USDCAD exhausting at resistance zone?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 1.3430
What you guys think of it?
USOILIs USOIL exhausting at resistance zone?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 75.
What you guys think of it?
EURAUDIs EURAUD exhausting at resistance zone?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 1.6300.
What you guys think of it?
US100Is US100 exhausting at resistance zone?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing head and shoulder pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 17370.
What you guys think of it?
GBPUSDIs GBPUSD exhausting at resistance zone?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 1.2570.
What you guys think of it?
USDCADIs USDCAD exhausting at resistance zone?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 1.3350.
What you guys think of it?
NZDCHFNZDCHF is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the reasonable retracement level.
If the sell momentum continues the next target could be 0.5240
What you guys think of this idea?
AUDUSDAUDUSD is trading in descending channel and printing consistent LLs LHs. and is about complete ABCD pattern at strong daily support level. Recently the price is broken the important support zone and now retesting the broken level, and also retraced to 50% Fib retracement level.
If the sell momentum continues the next target could be 0.6400
What you guys think of this idea?
RNDRUSDTRNDRUSDT is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the sell momentum continues the next target could be 3.00
What you guys think of this idea?
GBPNZDIs GBPNZD exhausting at resistance zone?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 2.0300.
What you guys think of it?
XAUUSDXAUUSD is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the sell momentum continues the next target could be 2000
What you guys think of this idea?
EURJPYIs EURJPY exhausting at resistance zone?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 157.
What you guys think of it?
GBPJPYGBPJPY is trading in range bound with 500 pips range.
some time ranges are the best things to play just buy the support and sell the resistance.
as this one is 500 pips range which can deliver fine risk to reward.
currently the price is at resistance level and being rejected due to sell pressure.
will the pair head back to support area ?
what you guys think of this idea ?
AUDUSDIs AUDUSD exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 0.6660.
What you guys think of it?
AUDJPYIs AUDJPY exhausting at highs?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 95.5 What you guys think of it?