A Close (preferrably D1) above or below the rectangle will expose EURUSD to either 1.08100 or 1.03700 region, RESPECTIVELY!
EURJPY has currently formed a Divergence (strong reversal pattern), a pin bar on the Daily timeframe & they all formed underneath a strong Resistance, which is a big sign for a Fall in price. I expect price to drop to the neck region of the Divergence which is the 134.400 region.
This is an advice to those that are thinking of Selling longterm from the current market price
This is a potential divergence formation on EURJPY. Bearish movement in sight
EURJPY is currently on a trendline support and has just bounced up from the current higher low retracement level...but our final confirmation for the BUY will be a close above the "Mini trend channel"...Then we'll ride our LONG positions from there. GOODLUCK 𝑭𝑶𝑹𝑬𝑿 𝑺𝑰𝑴𝑷𝑳𝑰𝑭𝑰𝑬𝑫
Could this be a possible Divergence (Reversal) formation on Gold??....Well, let's see how the higher timeframes (H4 & DAILY) react to PRICE ACTION. 𝑻𝑯𝑰𝑺 𝑰𝑺 𝑨 "𝑾𝑨𝑰𝑻𝑰𝑵𝑮" 𝑻𝑹𝑨𝑫𝑬 !!!
XAUUSD has been on an outstanding uptrend for a while now.....A "Reasonable" DAILY close above the pattern will cause a continuation of the UPTREND......but the reverse will cause a TREND Reversal. GOODLUCK.
is AUDUSD about to form a heads n shoulders pattern? well, let's dive in with a "PROPER RISK MANAGEMENT". GOODLUCK.
NZDUSD recently formed a divergence, which is a Reversal formation/pattern and is currently trading below the trendline support as displayed above. Price is expected to reach the 0.65100 support level. GOODLUCK
GBPCAD is currently on a Monthly Resistance and is currently forming a mini down trend on the smaller timeframe (30M to be precise)....Follow the analysis carefully, as shown in the image above.
US100 is currently on a Strong Resistance. Follow the analysis above and set your SL @11139.0, which is about 7 pips (very low risk). GOODLUCK.
EURGBP has refused to close above the 0.90130 price region and has also refused to close below the 0.89800 price zone..... Let's watch out for a "REASONABLE" close above or below the channel, so as to decide whether to BUY or SELL this pair respectively
Follow the analysis and watch out for a reasonable close above or below the pattern, so as to know the direction of this pair.... Make sure you lock in profits as soon as the trade starts moving well in your favor. Use proper risk management. GOODLUCK
According to the popular saying "THE TREND IS YOUR FRIEND", EURUSD has been trending upward for a while now and has currenlty broken the 1.141 - 1.148 resistance zone..... The next Resistance is currently at the 1.180 region....Will price get there? Well let's dive in gently.... Use proper risk management. GOODLUCK.
USDCAD refused to bounce back up after hitting the support, rather it broke out to the downside and has currently made its retest...it's most likely headed to the next support which is the 1.33700 price region. Use proper risk management. GOODLUCK.
USDCAD has been testing the 1.346 - 1.348 support area for days now and is currently serving as a strong support zone...According to price relationship, price is expected to rise from the current price zone to the 1.354 area. Follow the analysis on the image above and use proper risk management. GOODLUCK