LearnFxJourney

LearnFxJourney

1. Break - The pair break above the Range and held up by the EMAs. 2. Retest - Will be expecting a small Pullbacks to confirm the break & for further upside. 3. Wave 5 - The pair is currently in the middle of a Wave 4 - Wave C. A Bullish Reversal Signal on the completion of Wave C will signal the potential start of a Wave 5, with potential target at 1325.7 (*Fib...

LearnFxJourney

1. Rejection - A strong Bullish Reversal Candlestick (Morning Star) formed on the edge of the Falling Wedge & a strong Demand Zone. The pattern was broken with strong Bullish Momentum.Will be expecting an upside break of the Wedge Pattern if it found further support. 2. Correction - Expecting the price to test the Support for another Bullish Leg to the upside 143 & 143.7.

LearnFxJourney

1. Bounce - The price has found support and formed an Inside Bar pattern at the End of Falling Wedge/ Psychological Level 1.28. 2. Break & Test - The upside break of the Inside Bar prompts a strong Bullish Momentum that break out of the Falling Wedge Pattern, signaling a potential Bullish Continuation towards 1.3 & 1.32. A retest is needed to confirm the validity...

LearnFxJourney

* = explanation Falling Wedge - Bullish 1. Broken Falling Wedge - Waiting for retest on Demand Zone (*where investor wants to buy). 2. Potential correction (*when the price moves too high, there is less demand, which in turn will pull the price low as it does not worth much in the market. This is known as corrective rally/retracement/pullback/retest) 3. The 21...