Currently the CTL already broken, as anticipate, we have jump into the short trade from 120.981 and anticipate a atleast 50pips short to below.
A good entry now to short this part, with a tight stop lost.. Break of the CTL will be seeing the price drop off to the target of 0.74
We will see how the chart movement goes, if the trendline obeys, should be trading lower as the market opens tomorrow or later... if the TL breaks , the next short area will be around the 2nd line as shown in the chart
we currently stalling at this area for days...we anticipate a move up and tp at 1.13350
As we can see currently it hitting the down trendline and in H1 timeframe we can see a triple top formation....likely to see a selling pressure is accumulating up in this pair and we anticipate a move down to the previous low which we set as out TP.
Currently as we see that the downtrend line broken and forming an inverted head and shoulder as what currently shown...a spike in price is anticipated. TP will be at 109.00. TP 2 will be another 30pips above.
GBPADU has been trading within the uptrend channel for weeks and month..currently it falls at all important level...whether it break and head to the next low or bounce from the current and head upwards? with the weakness pose on GBP it is likely for GBP to fall comparing to a stronger currency Aussie.
currently a triangle forming.....and with the strengthening of Swiss...possible outcome for the stated pair
GBPCAD has been consolidating for almot 6 days in this particular region, We anticipate a further push up from the current point to 1.65
We currently look into short position for AUDCHF, as with the strengthening of CHF,a possible set up to sell this pair.
its been 7 days since the candle unable to breakthrough the 0.786 fibo region and do anticipate a drop in price next week. 0.9 is one of the major key level upon breaking it will anticipate a price rush up to previous high 0.91. What of it will present us upon market open...will look it through, but indeed, this is one great market set up
Currently there have a small uptrend form in the H1 & H4 chart. Where by the previous downtrend already broken and currently considering as a retest on the broken downtrend line.
Upon closure in the market, in H4 shows a tweezer top, which is an indication to short this pair, Stop lost will be slight above 0.382 fibo. TP projected to 1.67 There are few level of support need to be take note as i indicated in the pic...there are 3 arrow shows the level of support.