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 .