NZD/CHF Long: The market is currently at a key daily demand zone on the daily charts. The reaction of the last few daily candles at that support level provides valuable insight into a potential trend reversal. Furthermore, as we shift our focus to the hourly chart, we observe a falling contracting wedge formation, along with a visible double bottom pattern within...
EURAUD LONG: The trend is bullish at daily charts, moving with a higher high and higher low sequence. Recently, a double bottom was created at the daily charts, and its neckline broke above. It is currently retesting the neckline within the same time frame. This retesting area serves as a strong support for us. In the hourly chart, there is a double bottom...
We are at a key horizontal resistance at the daily charts, from where we could expect a pullback for now. Double top and rising wedge patterns are visible at the 4-hour chart. Both patterns' neckline broke below and are now retesting their neckline. Entry: 150.01 Stop Loss: 150.70 Take Profit: 148.94
bullish trend overall. market had broken last strong resistance at daily chart,which is now becoming support . . there are two patterns visible at that support, one is head & shoulders and an other one is falling flag pattern. . both patterns neckline broke up and retested well. . . ENTRY 24.9917 STOP LOSS 24.6849 TAKE PROFIT 25.8683
daily support zone reached at daily chart. . head & shoulder pattern visible at hourly chart. . now waiting for patterns neckline breakout and retesting. . . if all terms completed for head & shoulder pattern then trade will be like this. ENTRY 1.4748 STOP LOSS 1.4717 TAKE PROFIT 1.4798 & 1.4830 & 1.4888 & 1.4925
RANGING TRADE support level reached at daily chart . double bottom is there at 1 hour chart , its neckline broke above now waiting for its retesting . . ENTRY 1.0624 STOP LOSS 1.0569 TAKE PROFIT 1.0736
trade from daily horizontal key support . . .there is double bottom at 1 hour chart its neckline broke above and now waiting for retesting of it . . . ENTRY 133.34 STOP LOSS 132.22 TAKE PROFIT 134,96 & 136.72 & 137.76
key horizontal resistance level reached at daily chart. there is double top at 1hour resistance ,its neckline broke below and waiting for retesting now. ENTRY 1.8204 STOP LOSS 1.8338 TAKE PROFIT 1.8029 & 1.7924
overall trend is bullish . .trade from key horizontal support at daily chart. .double boom created at 1hour chart , its neckline broke above then retested . . ENTRY 0.8846 STOP LOSS 0.8815 TAKE PROFIT 0.8885 & 0.8916
Trend following trade from 4hour zone breakout trade ,now it is retesting that resistance zone. . there is double top at that resistance 1hour chart ,now waiting for its neckline confirm breakout at hourly chart . . . ENTRY 162.58 STOP LOSS 163.14 TAKE PROFIT 161.70
4 hour strong resistance broke up and it become support for now. . . double bottom visible at that support on 1hour chart its neckline broke up and retested as well. . . ENTRY 1846.69 STOP LOSS 1843.22 TARGET 1852.20 & 1856.16 & 1864.91
overall trend bullish on daily chart . strong horizontal and vertical support level reached at daily chart . double bottom and falling channel are visible at 1 hour chart . both patterns neckline broken above and now waiting for retesting at hourly chart . . . ENTRY 84.16 STOP LOSS 83.93 TARGET 84.77 & 85.11
key support and demand zone reached at daily chart . double bottom formed at that support and wedge pattern also formed there . now waiting for both patterns neckline breakout and then retest at hourly chart. ENTRY 135.78 STOP LOSS 135.20 TAKE PROFIT 136.61 & 136.91
daily horizontal support zone reached at daily chart. . . double bottom is there at hourly chart its neckline broke above and retested as well . . . ENTRY 0.8458 STOP LOSS 0.8438 TAKE PROFIT 0.8500 & 0.8523
key horizontal supply zone reached at daily chart. . . triple top formed at that resistance 1hour chart. its neckline is breaking , 19 minutes remaining for hourly candle confirmed breakout . ENTRY 0.9408 STOP LOSS 0.9443 TAKE PROFIT 0.9352
trade from strong support daily chart . double bottom is there at 1 hour chart . its neckline had broken and then retested as well . . . ENTRY 1.4414 STOP LOSS 1.4395 TAKE PROFIT 1.4449 & 1.4458 & 1.4502
daily support /demand zone reached at daily chart. . . there is falling flag and double bottom at 1hour chart , both patters neckline broke up and retested . . . ENTRY 85.06 STOP LOSS 84.82 TARGET 85.44
market reached 4 hour strong support . . .double bottom is visible at 1hour chart and its neckline broke above now waiting for its retesting. . ENTRY 1.1953 STOP LOSS 1.1921 TAKE PROFIT 1.2001 & 1.2032 & 1.2080 & 1.2134