GBPUSD Reaches Critical ResistanceThe GBPUSD has broken down from a bearish price pattern, touching the monthly trendline at 1.1800 before rebounding to retest the previous breakdown level at 1.19254. We anticipate a potential reversal from this level back to the downside, although there is also a possibility for the price to continue rising towards 1.19984 before reversing lower.
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Sell-pattern
Usd/JpyHello traders! For my opinion this pair is sell because is in the "channel scheme" , "xabcd pattern" is to consolidation , and timeframe weekly is "three drives pattern " which is waiting to be confirmed.
Fibonacci and some of the indicators show a downward trend.
Target one: Sell 110.720
Target two: Sell 109.086
Don`t forget to look the economic calendar.
THANK YOU!
GOOD LUCK!
EURJPY reversal pattern formingHello Traders and welcome to out channel. This is out thought process for this specific analasys. If you like this idea please support it with a like so we can keep posting more content like this. If you have any additional questions let us know in the comments and we will provide you with the answer! SharkFx wish you a successful trading week!
AUDUSD 1H timeframeHello Traders and welcome to out channel. This is out thought process for this specific analasys. If you like this idea please support it with a like so we can keep posting more content like this. If you have any additional questions let us know in the comments and we will provide you with the answer! SharkFx wish you a successful trading week!
AUDJPY 1H timeframeHello Traders and welcome to out channel. This is out thought process for this specific analasys. If you like this idea please support it with a like so we can keep posting more content like this. If you have any additional questions let us know in the comments and we will provide you with the answer! SharkFx wish you a successful trading week!
GBP/JPY: Selling @ market priceThe pair is consolidating. The structure, at the moment, seems to be a channel.
Had a strong bearish PA on May 27 indicating the sellers are in control. The median line (dashed line) which acted as a support has been tested and broken as well.
Bearish divergence in terms of volume.
Selling @ market and targeting 131.680
*** Trade at your own risk***
EUR/NZD: What's next? Check it out !Hi guys,
The pair is following a bearish direction, as you can see in my chart.
It is clearly visible that the median line (in red) fits perfectly with the price and I am looking now for the price to break this structure to the downside.
I will enter upon a pullback in the channel zone and will target the bottom of the pitchfork.
It's a 50+-pip trade !
Trade with care guys.
As always, if you appreciate my work please like/comment my ideas!
Cheers
Jesse
Bitcoin --State of Things On the 4-hour time frame, bitcoin is getting squeezed between the 21 day ema and the 200 ma. On the hourly time frame, a pattern which looks to be a symmetrical triangle has formed. If bitcoin could break through the four-hour 200 ma, that would set up a potential golden-cross.
On the larger time frames, bitcoin is in an ascending channel, ranging for now.
More bearishly, price could be forming a bear-flag pattern on the weekly. I'll keep you updated on that and speak more about the long-term-outlook soon.
Corrective WAVER over? What a nice chance to sell the Brexit! :)Hey guys,
another trade I will try to make profit with.
Let`s be patient and wait for the restracement!
Peace and good trades
Irasor
Trading2ez
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