we can see that there is a trend line and some strong support and resistance and the chart that will play a good role in order to take the trade after the pullback
going short after breaking the support line or reversing when the chart achieves the resistance zone
The trendline is the key for the GBPUSD ones it brokes things will be clear, at the same time, the chart could bounce from the trendline and go long from the beginning
we can see some rejection on the chart due to the resistance and trendline so there is a high probability that the chart will go short from now!
GOLD is going doing after entering the resistance area! or after breaking the trendline!
we can see 2 trendlines stop the chart from breaking due to rejection so once of the trendline breaks we can see things clearly and enter a trade
from 2 scenarios i find the best and safe one is the SHORT TRADE. and it will happen after the breakout of the trendline
usoil is now going for a short trade soon after the chart hits the resistance line and reverse same for RSI and Stochastic
A probable bearish scenario on USD/CAD
USD/CAD has just breaked one of the trendlines, and now there is a chance of correction will happen after that it will go long again !
TRENDLINES show us that the next move is short !
what do you think ?? should we wait tell a breakout of the trendline happen
using some trendlines and SNR !
Using trendlines and SNR we predicted that a breakout of a resistance line is going to happen shortly!
We can notice that a breakout of the trendline is coming and the same thing for the rsi and stochastic !
BTCUSD is going UPward after the breakout or tell it hit some resistance line?
With trendline and resistance line , area we can notice that the USDCAD pair is going SHORT so soon And with the help of stochastic also!
USDJPY testing now a resistance line ,if some candle broke it Another strong one will be followed,then a reversal pattern will start So their is going to be a potential of breakout!