WEDGE broken to down side , GBPJPY is clearly on down trend as up trend was broken on daily time frame with a series of range in a wedge which has broken to down side, showing a continuation of bear move
XAUUSD broke a bull triangle .Lets see the price reaction when it gets to retest area
GBPNZD is on down trend on 4hr time frame . it has bounced on the third touch of the trend line and has given a bearish engulfing candle on both 4hr and 1hr time frame .it broke support and retested it and is about to continue the bearish move. Also made the retest on 0.6 fibonacci retracement level. Confluences :1 support turned to resistance .2 third touch of...
USDCAD is reacting on a strong resistance and its all time high .lets wait for the break of the trend line and retest to figure out our sell entry.
GBPCHF is on its all time low on monthly time frame .it is flying up with style making a series of highs and lows on smaller time frames .It has made the second touch of bullish trend on weekly time frame. It is bearish on daily time frame, approaching the third touch of the weekly time frame bull trend. Sitting on a daily support to make a retest of a previous...
Price has broken the trend on 4hr time fame with a series of highs and lows on EJ .Hence we have gotten the first and second touch of the new down trend .we are patiently waiting for the third touch and a clear rejection candle to join the sells.
There was confusion between bulls and bears on EURAUD the previous week ,making the pair to be choppy throughout the week. Hence, the confusion seems to be caused by the brake and retest of structure (resistance level) on weekly time frame ,meanwhile price rejected on a major /supply/liquidity zone but the previous monthly candle closed bullish leaving us to...
EURUSD clearly broke a zone on 4hr time frame ,it is pushing up to retest the zone .lets keep an eye on 1.03457 and 1.04810 which are the possible rejection levels to take our sell
NZDUSD is reacting on weekly support level , has rejected for the first time and it is coming back to test the support for the second time to give us "W" pattern known as double bottom. Another confluence spotted is the break of 4hr trend line and it is having its way back to retest the trend line and the support level at same area. lets patiently wait for the...
In 4hr time frame gold gold retested a zone and have given a bearish hanging man candle and price is also on 0.5 fibonacci retracement level giving us a strong sell bias
GBPUSD is on down trend and has broken daily rectangular channel . weII, patiently wait for the retest and candle confirmation to join the sell.#krizzforex
US30 broke 4hr time frame resistance level ,retested and have given a bullish confirmation with bullish engulfing candle. it also broke the 1hr time frame trend line ,made a retest and it is about to continue its bullish movement. we patiently wait for confirmation and see if it will align with our technical analysis.
Gold is on a down trend as clearly seen this morning on my top down analysis ,I sported my support and resistance from monthly down to fifteen minutes time frames. it hit the third touch of the trend line on 4hr time fame and it rejected by engulfing the previous candle .