A stronger reason to short the Aussie was given from the breakdown of price at the neckline of the 4H Head and Shoulders Pattern. MEANWHILE, DISCLAIMER: This is only my opinion of the market and not a trading signal. FOREX trading is highly risky.
If the trendline between 1.76 and 1.77 is broken and has a daily close below it, we could have price drop below 1.74CAD. DISCLAIMER NOTICE! This is only my opinion and not a financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.
DISCLAIMER NOTICE! This is only my opinion and not a financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.
61.8% aligns with the 175.0 Yen Price Zone. DISCLAIMER NOTICE! This is only my opinion and not a financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.
GBPAUD CONFIRMED! EURAUD, EURNZD, GBPNZD all GREEN!📈 DISCLAIMER NOTICE! This is basically my personal opinion of the forex market.
Here's a setup of the CAC40, France's top 40 stocks. I believe it is on a bullish ride as well as other indices. It has the best setup in my point of view. DISCLAIMER NOTICE! This is only my opinion and not a financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.
I anticipate quite a retracement in coming days, followed by a bullish ride to breakout of the W Channel. DISCLAIMER NOTICE! This is only my opinion and not a financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.
I expect a swift bearish counter on Friday's possible retracement candle. The bearish bias on NZDCAD is still intact unless the bullish Friday candle upholds the bulls. DISCLAIMER NOTICE! This is only my opinion and not a financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.
DISCLAIMER NOTICE! This is basically my personal opinion of the market. Trade wisely.
DISCLAIMER NOTICE! This is only my opinion and not a financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.
DISCLAIMER NOTICE! This is only my opinion and not a financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.
Following the wedge breakout on the Weekly and Daily timeframes, I think price action might tend to move towards the next weekly high and beyond. DISCLAIMER NOTICE! This is only my opinion and not a financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.
The Pound has closed (on the daily TF) above a very important resistance which has been since July, the high of the year. How high do you think price will retrace or reverse? Or will this be a false breakout? DISCLAIMER NOTICE! This is only my opinion and not a kind of financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.
We had a nice structure earlier, but was unbroken. With the break of structure now, I guess the market is ready to ride higher into next week. DISCLAIMER NOTICE! This is only my opinion and not a kind of financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.
Hopeful, the break of structure gives a retracement for entry, and then the ride. DISCLAIMER NOTICE! This is only my opinion and not a kind of financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.
Here is a breakdown of my analysis on the pair. The profit target is (A) minimum. Apply proper risk management, anything can happen. DISCLAIMER NOTICE! This is only my opinion and not a kind of financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.
Just as we analyzed last two weeks, the pair is already halfway. Though I left it due to higher swap as the duration was taking longer, but the bias is still the same. DISCLAIMER NOTICE! This is only my opinion and not a kind of financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.
If we get a minor descent in the opening hours or days of W30, it would be the good opportunity to long the market after the half year downtrend. DISCLAIMER NOTICE! This is only my opinion and not a kind of financial advice to set up a trade or invest. Trading or investing without knowledge is highly risky.