Certainly! Here's a structured thought process for your GBPAUD weekly analysis: GBPAUD Weekly Analysis: Identification of Downtrend: Observed the existence of a previous downtrend in the GBPAUD pair. Formation of Head and Shoulders Pattern: Recognized the potential formation of a Head and Shoulders pattern, a reversal pattern consisting of three peaks – a...
EUR/USD 4-Hour Chart Analysis: Strong Pinpoint Candle and Volume: Identified a strong pinpoint candle on the 4-hour chart with significant volume on Friday. Indicates potential strong market interest or participation. Wick Gap and Failed Fill: Noticed the next three candles failing to fill the wick gap of the strong pinpoint candle. Suggests resistance or...
My Thought is USDCHF is at the end of down trend and with strong pin point candle has 3 target which is going to toch step by step.
Please note that the analysis and prediction I have shared are based on my personal thought process and interpretation of the GBP/AUD pair. While technical patterns like the head and shoulders can provide valuable insights, it's important to acknowledge that the financial markets are inherently unpredictable, and trading involves risks. There is always a...
1inch/usdt is going to complete strong cup pattern after complete the cup handle which is can with breaking to target which I put there buying in 3.5 zone would be beneficial