Good Morning traders..... I have been analyzing USDCHF and I have sighted a head and shoulders pattern which broke through the zone and might push bearish. We've had a breakthrough 0.87310 which was a demand zone and price perfectly moved up and retested on that zone and this zone will now become a supply zone. This gives us confirmation that the market might just...
AUDUSD: The price may grow again after price perfectly retested on the weekly level. The market tested this level 3 times and is giving off bullish momentum. perfect opportunity to go short but once price breaks through support at 0.67400 than price might just keep pushing bullish. Next important support at 0.69000
EURUSD: Good day Traders... Bearish trend on 1H timeframe still holding, price moved up and hit previous support and bounced off. The market tested this level multiple times which gives us confirmation that the trend's still holing strong. Opportunity to go short...
Good day Traders... EURUSD broke through bullish trend, and is now testing previous support level. Waiting on a break through, and retest for cornfimation to take the sell.
Hey Traders. Lets have a look at EURUSD. Bullish trend has broken and this gives us a reason to sell as soon as the price breaks through previous resistance. We also than have to pull back and retest for a valid entry.
Good morning..... I've spotted an inverted head and shoulder pattern with a successful breakthrough neckline waiting on a retest to enter.