High probability of BTC having a bear run. Bearish channel
NZD is on the key level, where it has started its reversal. The breakout of the minor trend line is confirmed.
GBPCAD has reached a support trend line and reacted with formed inverted H&S, bulls are still in power.
EURGBP is trading on the important key level within wedge, where it has formed double bottom. LONG BIAS TARGET: 1st 0.89872 2nd 0.90431
AUDNZD dropped to important 0.5 Fib. level. The importance of this level is identified by strong wick and rejection of resistance trend line. We expect bulls to move the market. GOAL: 1.06244
NZDJPY is trading within a major bullish channel. It's reached it's resistance of the channel where I'll short from. BREAKOUT + CONFIRMATION
AUDCAD is fluctuating on the important resistance level, this fluctuation has formed an obvious H&S pattern. In case of the breakout of minor structure, we're looking to set a sell limit order. 1st Target - 0.94901 2nd Target - 0.94413
AUDCAD is in bullish minor trend within 2 key levels. The growth is expected to the key level, where we will look for a reversal pattern.
CADJPY has a reached a key level, where it has formed descending triangle. In case of the breakout of the neckline we are looking at potential short position. Initial target: 79.942
AUDJPY has reached important key level, where it'll start reversing. Breakout + retest of the trend line gives us a strong indication to open a short position.
CHFJPY has reached key daily structure. In case of breakout of the trend line and complete double bottom formation our buy limit will be placed. TP1 - 114.843 TP2 - 115.238
AUDNZD is approaching the key structure, where bulls will come into place. We'll be waiting for the any kind of formation on 1hr timeframe on the key level and breakout of the trend line with consequent retest.
NZDCAD has formed a lower high and reached the trend line which will have a significant impact on bears. BEARS are expecting breakout of the trend line + confirmation to open short positions.
AUDCAD has reached the important level. I expect rejection from 94.000, there are 3 important points with significant clues towards bearish bias. - DAILY KEY LEVEL - REALLY STRONG TREND LINE - STRONG PRICE 94.000
It's reached daily key level + formed a double top on the 1hr timeframe.
EURAUD has reached the key level, where it's formed double top and broke out the neckline with the retest.
The channel on the higher timeframe has been broken, so we have a pullback which confirms the bearish bias. The key level is reached on the lower timeframe, therefore we're looking at the bearish breakout of the trend line+confirmation.