


MASON-CAPITAL
This pair reached its resistance zone, moved away then returned to retest that zone and moved away swiftly from the zone creating somewhat of a double top pattern. The pair also broke out of a rising channel on the H4 chart and has a confirmation candle as well a retest of the breakout.
D1 chart: - Price has reached a pretty strong resistance level. -Price created a bearish engulfing candle at resistance level. -followed by bearish pin-bar. H4 Chart: - ranging market at resistance level, stop hunt then sharp move down which could be signalling a change in market direction. -Diagonal support creating 3 touches broken. -Sell breakout +...
W1 Chart: -Price has reached its resistance zone( we will be looking for possible sell positions at this zone ) -Price hasn't been higher than this zone since 2015. D1 Chart: -Price is forming a rising wedge. -Diagonal resistance is creating 3rd bounce off the resistance line. -Price created a bearish pin bar at diagonal resistance which is a strong shorting...
- EURUSD has reached its major support within the descending wedge. we may see it rise to the diagonal resistance level and start looking for reversal at that level.
- Price has reached its major support. - We look to see opportunities for log position on this pair as the RSI also indicates the pair being extremely oversold. - We see a trend line bounce with the second bullish confirmation candle stick forming.
NZDJPY has reached one of its major support. - it has created a bullish pin bar at this support level which is a strong signal for a buy. now we wait for bullish confirmation candle for entry to the next resistance level and monitor for reversal or further movement up.
GBPJPY has reached a major support level and looks to be creating buy positions.
This pair broke through the resistance level and return to retest this level. Now we wait for buy signal or we look for more selling opportunity.
The chart made a reversal pattern on the chart with a trendline bounce
-Price has been ranging and has hit its sell zone. -Price also broke out the trendline and confirmed.
- Broke out to the upside of a triangle and confirmed. Most probably looking to move to the next resistance level.
Broke out the descending channel, off a major support level now looking to make its way back up.
Price has reached its resistance zone. - Looks like a triple top reversal formation is forming. - looks like a ranging market.
Broke out of the channel, looks to be retesting and looking to make its way down.
looking to go long until resistance level then monitor price behaviour wether it will extend further or signal a drop.
Price is approaching a diagonal resistance and may be looking for a signal to go short from that area. If price breaks the diagonal resistance we would be looking for a confirmation candle on H4 for entry Long to resistance zone.
EURJPY looks to be forming a double bottom pattern. we currently await it to break past the neckline for entry.