Eurnzd has been consolidating for sometime now. I'm waiting for a breakout either on the lower or the upper side. Whichever happens first. For entry, i'd wait for a retest of either of the trendline after break out. Happy trading
We see the horizontal trendline has been broken. I would wait for a retest of the trendline to short it.
Gold has been forming higher highs over the days. I expect it to continue trading along that horizontal line as it continues with that bullish move. My bias would be invalid once that trendline is broken on the lower side.
Euraud has started ranging along a horizontal channel. I expect it to retest that lower trendline for it to continue with its upward movement. Happy trading guys
According to my analysis, Eurusd might continue with the upward movement. We see bullish pennants being formed and also an inverted head and shoulder pattern which signify continuation with the bullish momentum. Happy trading guys.
Gbpusd has been bullish. on h4 time frame, we see that the upper trendline has been broken. It has also violated the previous high (resistance). It may be a false breakout. I would buy this pair if price retests the broken trendline and bounces up. I would sell this pair if a double top is formed, neckline gets broken and retested. For now i'm watching on the...
Eurusd has been bullish for quite sometime. It broke that upper horizontal trendline and continued to rally up. I would expect it to atleast retest that broken horizontal trendline before it continues with its upward movement. My bias would be invalid incase that current resistance on H1 is broken.
NzdJpy has been on a bullish momentum. It has been trading along that horizontal channel until that lower trendline was broken. Before that, a double top was formed, the neckline was broken hence the bearish move. I'm bearish on this pair since both the lower horizontal trendline and the double top neckline has been retested. My sentiments will change only if the...
Price dropped to a support as predicted yesterday. Gold has been trading along that horizontal trendline, till it got to a strong support level around 1677.69 zone. I expect the price to bounce off that support level my target being 1750.96 as my take profit since expect the liquidity void on the daily chart to be filled
Hello everyone, Gold has been trading in a channel until it broke the lower trendline. I expect more bearish momentum till 1677.69 zone which is the previous support level