


AllStarTraders
Price is trading within a rising wedge, if price manage to break below the trendline support price will continue to push lower.
gbpjpy N⁰3 forecast, In H4 price is moving in a descending channel, at the moment price is testing trendline support, I'm expecting price to pull back from the support zone towards the resistance around 158.200-161 zones , once we receive a bullish confirmation will enter the trade.
#Gbpcad ѹ daily, price was trading within a rising wedge for a while and it broke on the downside, will be looking for sells from 1.64400 zone as indicated on the chart. My final tp will be around 1.57800 zone
On daily timeframe there's a possibility of double bottom pattern, will be looking for buys around 1.74550 zone
#Eurgbp N⁰1 H4 timeframe, double bottom pattern and price broke above the neckline, I'm expecting further bullish, will enter the trade after the retest of the neckline (resistance) and target the zones as indicated on the chart.
N⁰1 Gbpaud daily, will be looking for buy at around 1.74556 zone (possible double bottom) once we get a bullish confirmation will enter the trade.
N⁰1 Gbpusd daily, price has broken below the ascending channel, am expecting price to continue pushing lower after a retest as indicated on the chart.
N⁰1 gbpjpy Weekly, Price has been moving in an ascending channel, I'll be looking to go long once the price touch the rising support @ 152.630 zone once we get a bullish confirmation will enter the trade.
Two possible scenarios for usdcad, if price break below the rising wedge price will continue to drop to 1.34000 zone, Meanwhile you can look for shorts and target 1.3500 first then see how price will react from that previous swing.
On 4hr price formed an inverted head and shoulders, if price break the neckline am expecting gbpjpy to go long .
On 4hr price is forming a double top, my thoughts on Euraud is that it'll drop since price is on a critical zone unless it breaks it.
eurjpy, price today touched the support trend line and got rejected, on 4hr timeframe there is possiblity of double bottom pattern, I'm expecting the price to rise to 144.700 zone and see how price will react from that zone.
On weekly and daily timeframe, Euraud has formed a double bottom pattern, price broke above the neckline which confirms a bullish reversal, my bias on Euraud long term is bullish .
Usdchf formed a double bottom partten, price even broke and closed above the neckline. My thoughts on usdchf is bullish.
Will be looking for buying chances around 1.02000 zone, I believe for now we have a short term price correction and price will soon reach 1.0500 zone (major resistance). Guys what do 🤔 think
Guys what do you think about this analysis , my bias on audusd is bullish after a retest targeting 0.69000 zone .
My thoughts on Eurgbp is bearish, price is trading within a symmetrical triangle, a expecting the price to touch the main support @0.85600 according to the chart with two possible scenarios.
Gbpjpy I will be looking for short entry at around 167.300 zone once we receive a Bearish confirmation will enter the trade.