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chartpattern doubletoporbottom harmonicpatterns headandshoulders indicator supplyanddemand supportandresistance trendanalysis trendline Less Tags Show All Tags
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AUDCAD as Bearish Setup
AUDCAD
, 240
Short
AUDCAD: AUDCAD as Bearish Setup

The market has been running in a range zone for a long time The market has been moving sideways within a range for a long time. There have been a few false breakouts, but overall the market has stayed within its range. Breakouts can be seen. Now the price is at a resistance level where rejection of the market is confirmed by the closing of the market at the same...

GBPUSD Ready for short
GBPUSD
, 240
Short
GBPUSD: GBPUSD Ready for short

As we can see the yellow line on the chart is acting as a support line for the price, The market easily broke it and enter in a new trading zone where this support line will act as resistance. As after breakout, this market having some rules for the next move. we can see the retesting of the price to the same level is the indication of start of selling this pair....

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