AUDCHF SHORT TRADE SETUPThe Harmonic pattern completed on the major resistance is so promising for a downtrend or a sell-off here.
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EURUSD BULLISH SETUPEURUSD is on an Important support level after creating a nice bullish harmonic pattern. A good reversal is expected here like the same what the history has shown us earlier with the price action for this pair.
CADCHF BEARISH SETUPAfter the breakout on the resistance, the bounce on the pullback is failing to break the high and is reversed back towards the resistance again. Here if the price fails to hold the price above the resistance then we may see a drop inside the resistance level. If we can confirm a breakout on the channel formed then the following breakout bearish we are expecting will have a great potential to revisit the support highlighted.
AUDUSD BEARISH SETUPAfter the breakout on the Expanding channel formed we have seen a nice fall on the AU pair and here I expect a further decline in prices towards the support highlighted
AUDNZD BEARISH SETUPAfter the breakout and reversal on the pair, we have seen another bullish rally happen towards the resistance. And here the following fall is about to do the formation of another triple top which can drag price back towards the key level formed.
AUDJPY BEARISH SETUPThe price range can be expected to break down on the support and trend line formed. Wait for the confirmation to enter the short positions.
ZOOM BULLISH SETUPZoom made a nice falling wedge structure and now after the breakout and pull back formed the minor bearish trend showed another breakout and bullish reversal. Here I expect a decent correction on the fall we have seen on Zoom.
XAUUSD Possible Downtrend Continuation towards Trend LineA breakout on the following key level confirms a possible trend continuation to the downside and revisit the trend line or the lower boundary formed.
GBPUSD BULLISH SETUPGBPUSD is on the major support formed close 1.274 and here the following channel's lower boundary also met once again where we can expect a strong reversal at this stage.
ROLLS ROYSE BULLISH SETUPRR is on major support where bullish pressure has formed on the historical price action. Having a decent expectation to repeat the history itself.
AUDUSD Can bounce back here and Drop after a Pull-BackAUDUSD is holding a support formed at H4 timeframe. Here I am expecting a minor bounce for a pull back to form for another drop which can retouch the low close to 0.708
XAUUSD Heading towards the support 1895-1900XAUUSD is following a correction here inside this strong resistance and support which is being played out for some time here on the chart. The following two trends which have broken recently are confirming the price towards the support highlighted.
EURUSD Support and Channel is Very Important at this StageEURUSD is on H4 Support which can have a reversal on the current price level if the price manages to hold the bearish pressure stronger enough. Also, a breakout on the channel formed after a reversal will be so promising for a strong rally to the upside.
CHFJPY Can go for a minor correction with the Breakout FormedCHFJPY confirmed the breakout and here I am expecting a minor correction to happen with respect to the bull rally formed on the H4 timeframe. The expected target for now with the breakout is the closest minor support formed.
USDCAD Will this Breakout Remains Valid to Revisit the Support?USDCAD Confirmed a nice breakout on the following trend line picked up but at the moment the price is on a pullback which managed to revisit the trend line. If the breakout remains strong and valid with more bearish pressure then we may see a dip back towards the support highlighted on the structure. The structure formed is an ascending triangle followed up with the resistance.
GBPUSD Preparing a Short- Term Lift Off!!GBPUSD has formed a successful falling wedge and now the breakout on the bullish pennant requires a nice reversal on the H1 support formed for the GU pair at the moment. The breakout and pull back have done already while we are facing a small setback on this pair which can be supporting a decent rally to the upside to clear the targets expected.
GBPJPY will make a Correction After a Breakout on this Channel GBPJPY Showed a nice growing channel with a breakout to the upside on the resistance formed. If the price goes for a breakout and manages to fall below the highlighted resistance level then we will see a further decline in the prices for GBPJPY in the H4 timeframe. The confirmation required here is not yet received and well managed short position will generate a decent profit worth 100-150 pips during the swing
SOLANA's Falling Wedge is a Key Structure at the moment. Watch!!SOL's Falling Wedge is a key structure now which can be spotted so easily on the H4 timeframe. Here the impulses are almost done and following the support is being actively present to stop the sell-off below 100. A clean bullish breakout is what I personally waiting to see at the moment on this falling wedge.
XAUUSD H1 Timeframe SetupThe following chart shows the structure of H1 timeframe with the next possibilities which can be expected from future price action. Make sure to follow proper confirmations before you move into any buy or sell setups based on the charts published here. DYOR
US30 Bull Flag formed waiting for a Bullish BreakoutUS30 Formed a nice bull flag where it has a good potential of revisiting close or above 35700 with a strong bullish breakout we are expecting here. Any price action which may fail to hold the price above the support highlighted will invalidate the setup.
ETH Has Formed another Bear Leg on the H4 timeframeETH has formed another bearish leg or flag on the H4 timeframe following the bearish trend we have seen recently. Here I am expecting a breakout to form on this bearish flag to revisit the support highlighted close to the 2850 area. Also, we can see the current bearish trend is also running nicely making impulses inside a channel. Any breakout before bear leg confirmation to the upside on this channel formed will invalidate the setup.
SHIBA's Robinhood Wave Rejected due to this Triangle PatternSHIB gained about 20% recently with the update of Robinhood listing and Whalebuys happened. But the reality is the news didn't makeup enough as many doggy lovers wait to see the prices above $0.01. Here during last week, I updated this pattern on my Twitter and now this setup is a real shocker at the moment. Prices dropped after failing to close above the trend line breakout ( upper boundary of the triangle formed ). We may see another swings or impulses inside this structure for a while once again.
XAUUSD H1 Timeframe SetupThe following chart shows the structure of H1 timeframe with the next possibilities which can be expected from future price action. Make sure to follow proper confirmations before you move into any buy or sell setups based on the charts published here. DYOR
