The rising trend line and resistance area have been broken, and the price is expected to head further down
We will wait for the price to reach the high volume area and the 60 Fibonacci level and bounce from the ascending trend line to buy.
We will wait for the area to be breached and sell again as shown on the chart
The ascending trend line was breached on the weekly time frame. Now we will wait for the retest of the area on the daily time frame and a bounce from the 50% Fibonacci level for sale.
The Dow Jones is trading in a downward direction, approaching a demand area, and upon arrival, the harmonic (penny) pattern will be completed, and we will open a buy deal upon the appearance of a Price Action candle.
Oil analysis on the hourly time frame. Oil is trading in an upward trend, and we are waiting for oil to retest the rising trend line and the demand zone.
The expected scenario for the AUD / CAD pair , we wait for the Price Action candle to buy After the pair arrives at the specified area
Dow Jones quarter hour frame analysis, Harmonic penny pattern is near a buy order zone
The Australian dollar pair against the Canadian dollar is now trading on the half-hour time frame, forming a head and shoulders pattern, after which the ascending trend line and the resistance area were breached, and the pair can now be sold.
On the daily time frame, a demand zone has been breached, and more decline is expected in the coming days, but we must wait for an entry signal to sell on the smaller time frame, and I expect that a harmonic pattern may form on the half-hour time frame that supports selling, as in the picture.
Analysis of the Dow Jones index, an uptrend was breached and closed below a resistance level on the half-hour time frame.
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CAD / JPY is trading near the supply zone on the weekly time frame, and we will notice the presence of a harmonic pattern. Entry will be made on the four-hour time frame after the price action candle is formed , We will wait for the Price Action candle on the four-hour time frame at the 110.83 and 111.20 area to sell.
GBP / JPY is trading in the downward trend line on the four-hour time frame, and it is now near the supply and demand area on the hourly time frame. We will wait for the close with a Price Action candle on the hourly basis for sale with the specified targets.
The ascending trend line was breached, the support level was breached, it closed below it, and closed below the indicator DEMA 200 low
The pair is heading to an area where a bullish harmonic pattern will be formed, as shown in the picture
Gold is trading in a downtrend and is close to touching the downtrend line. It is expected to rebound from the area specified in the image at the trend line, then Heading down again to the 1729 level as a first target Join to my channel to try my deals free