Price has been moving in a parallel line for quite sometime. There is a probability of breaking to the upside of keep falling further. It will be safe to take a trade after the break out and a retest of the upper trendline.
The pair has broken the trendline and it is starting to retest it. There is high probability of the bearish move. Let's wait for the retest to finish and take a trade.
The pair is about to break the resistance level to the upside. Also, there is a formation of falling wedge which entails there is a possibility of long term bullish trend. It will be safe to take a trade after a break out and a retest of the upper trendline.
The probability of a bearish move is high due to various confirmation points. First, the price has broken a major trendline, second the price has been retesting the trendline for quite sometime.
A bearish move has been confirmed after the breakout of the trendline and a retest. The probability of the bearish move is high due to the strength of AUD and a weaker EURO. #tradingview #euraud #eur #aud
The pair has started a bullish movement and came to retest to the broken trendline. The probability to the upside is very high.
A bullish setup is being formed after a breakout and a retest on the trendline. There is a possibility of bullish movement after the anticipation of the weaker CHF.
A bearish move is being formed. Price is still moving within the rising wedge. It will be safe to take a trade after the price breaks to the downside and retest on the trendline. But, the general direction is bearish.
A bearish setup has been formed at the rising parallel channel. It is best to wait for a breakout and a retest to take a trade. NZD look like will be stronger.
A bullish setup has been formed after a breakout of the Daily trendline. The probability of advancing to the upside is eminent.
There is a probability of a bullish move on this pair after a break out and a retest of a 4H trendline. Generally, CAD is seem to be weak thus affecting most of the pairs.
A bearish setup has been formed after a breakout of the rising wedge and a retest has been formed. It is safe to take a trade for swingers.
A bullish setup is currently being formed. There is a possibility of breakout to the upside. It is not safe to buy this pair but there is a probability to take after a breakout and a retest.
A bullish pattern has been formed after a break out and a retest of a falling parallel channel. It's safe to take a trade.
The pair has retested the monthly low. There is a minor double bottom formed. The bias to the upside is eminent.
With the formation of the falling wedge there is a good probability of the price to move to the upside. Wait for the break out and a retest to confirm the trade.
The pair has formed a bullish structure by forming a larger falling wedge and formed a smaller retested wedge on the support. It's safe to take a trade to the upside if it conforms with your strategy.
The pair has been consolidating following the downward trending line. This gives the indication the pair will bounce to the upside. There are indications that GBP is going to be stronger in the coming few weeks.