OANDA:AUDCHF is 100% Bullish! Inverse Head and shoulder formed 1H TF at a key level 0.58500 with multiple confluences on trend. BUY and HOOOLLLD!!! till next 2-3 weeks till beyond 0.60640 #RISK_MANAGEMENT
Gold is currently in a bearish channel with a head and shoulder pattern and a bearish continuation pattern. TP 1 is 2333 at the neckline TP 2 is 2300 below the neckline.. it quite a promising trade considering the strength of the USD DXY on a bullish trend.... #RISK_MANAGEMENT
AUDCHF is in a bearish minor trend, as this is a pullback to the neck line of the triple bottom formed Weekly Timeframe..... One could go SHORT momentarily to the NECKLINE, from which we go LONG to the UPSIDE! #RISK MANAGEMENT #
BTC is currently at the third touch to the declining trend channel with the bearish continuation pattern... It's a known fact about the 3rd touch does the trick.. hence, I would short and hold the trade till 62000 then hop out and observe tgough it could still fall further. #RISK MANAGEMENT #BTC SHORT
BTCUSD currently at $41.020 which is a key level and the right shoulder of the inverted head and shoulders reversal pattern. This appears to be the best time to go long as there is a lot confluence with the technical tools. These include a 0.50%-0.618% Golden level retracement coupled with the price being on an inclining trend support line . These aforementioned...
Here is technical analysis of BTCUSD, as we all saw that the asset in question is on a bearish move on a month time frame with the M or Double Top formation, However, as the price got to the neckline of the reversal pattern it halted as it couldn't break through the level. this saw the price moving upward at 35k + level. Furthermore, scrolling down the lesser...
Sell GBPUSD as the market broke broke the Diagonal trend line after previous testing at the trend line in the previous day. As a means of confirmation the MACD crossed over from Bullish to Bearish move.
the Harmonic pattern is formed hence completing the "D" leg triggering a bearish move