GBPJPY weekly timeframe: The pair didn’t break the weekly resistance zone this week and took a bearish turn. . GBPJPY daily timeframe: The pair formed a double top pattern on the daily time frame. We expect a continuation to the downside. . GBPJPY 4-hour timeframe: First, we expect a pullback to the broken structure and then a bearish candlestick pattern to occur...
We will wait for a break of the trendline and a break of the corrective move to open short positions.
EURUSD daily timeframe: The pair broke the daily bearish channel to the upside and has bullish potential. . EURUSD 4-hour timeframe: We will wait for a lower timeframe corrective structure to form and a break of it to confirm our bullish direction.
AUDUSD daily timeframe: The pair formed an impulse to the downside during november. . During december, it formed a rising wedge pattern. . AUDUSD 4-hour timeframe: The pair has the potential to break the pattern to the downside, form a corrective move and then move to the 0.70 area. . We will be back for updates.
The pair reached the 4-hour supply zone and formed an evening star candlestick pattern on the 1-hour timeframe. . We opened short positions on this pair. . We will post an update later.
AUDUSD daily timeframe: The pair has been in a downtrend for a month and early this week has bounced from the weekly support zone . We expect a daily corrective move and another impulse to the upside next week. AUDUSD 4-hour timeframe: On the lower timeframe, the pair broke the 4-hour down-trendline and we have two scenarios: 1.Another move to support line, a...
The pair moves inside a bearish channel for months. . We expect a pullback, then a continuation to the upside. . We will wait for a bullish candlestick pattern to occur to confirm our long trade.
On the 4-hour timeframe we identified an inversed head and shoulders pattern. . We are now waiting for a pullback to the 4-hour support zone (golden zone), then a bullish candlestick pattern to confirm our long trend.
The pair retested the weekly support zone and started a bull run to 1.93500 daily resistance zone . We expect a pullback, then a continuation to the upside.
EURUSD daily and 4-hour timeframes: The pair moves inside a daily falling wedge pattern for months. . We expect a continuation to the downside (weekly support zone) and after that another push to the upside. . We will be looking for long opportunities at the weekly support zone.
. On the AUDJPY daily timeframe we spotted a rejection from the weekly resistance zone and a bearish engulfing candlestick pattern. . On the 4-hour timeframe we saw that the price made another bearish engulfing candlestick pattern and after that broke the up-trendline with a continuation candlestick. . On the 1-hour timeframe we identified a correction which later...
On the daily timeframe we see that the price started the week with a rejection from the weekly support zone and two days later broke the daily down-trendline with a super bullish candlestick. . On the 4-hour timeframe we identified an inverse head and shoulders pattern. We are now waiting for a close above the 4-hour resistance zone, a pullback and retest, plus a...
On the 1 hour timeframe, the pair made a pullback and touched the 0.382 fibonacci level, consolidated it and pushed upside with an engulfing candlestick. You can open a buy position. 📈
On the EURUSD 4 hour timeframe price made double bottom pattern and broke the down trendline. Plus, the pair started making HH and HL and it is above moving averages. On the 1 hour timeframe, the pair made a pullback and touched the 0.382 fibonacci level, consolidated it and pushed upside with an engulfing candlestick. You can open a buy position. 📈
The GBPNZD pair made new lower low and hit 2:1 R:R already. We took 50% profit and moved stoploss to breakeven. Now we wait for takeprofit.
On the GBPNZD daily timeframe we saw the price rejected by de 2.00 whole number and weekly resistance zone . After that, price broke through up-trendline and daily support/resistance zone, dropping by 700 pips. Further more, the pair made a correction and yesterday retested the daily support/resistance zone mentioned above. Finally, the pair ended the day with a...