Hello, as we can see, from a daily perspective EURCAD is in an uptrend, where the price broke above the daily resistance level and then made a corrective move to retest 0.5% Fibonacci retracement around 1.48500, then make another impulsive move to the upside. In 1h, the price was moving in a falling wedge pattern before it broke out of the wedge and closed above...
As previously analyzed chart, I was anticipating for the price to make a correctional move to the 82.2 level of resistance. The price managed to reach the level and now I expect the price to make an impulse move toward the 81.15 area of support.
Hello, as we can see from a daily perspective, the trend was a downtrend until the price reached and rejected the support level. On 4H, we can see the formation of higher highs and higher lows indicating the structural change from a bearish to a bullish structure. On 1H, the price is moving in ascending trendline where it has already made two touches on the...
Hello, From the daily chart, we can see the price is moving in a downtrend, it then broke and closed below the support level. In 1H, the price formed descending channel in which the price is bouncing within the range. If the price manages to break past the channel and make a bullish fakeout to retest the daily resistance level, I will short the pair upon...
The price is moving in an uptrend, where the price managed to break and close above daily resistance level which is also a last week high, turning it to support level. My bias is bullish so i will wait for the price to retest support level which is also a 50% fibonacci retracement level, if i can get confirmation i will take a long position.
We have a bullish market structure, where the price managed to make 3 touches of ascendinding trend line and closed above daily support level. Currently i'm waiting for the price to retrace the 1.465 level which is also a 4h-50% of fibonacci retracement tool to take long position after getting candlestick signal for confirmation.
Price strucuter is uptrend, where the price managed to break above daily support level. The price then retraced and retested the support level which is also 50% of fibonacci retracement level. 4h the price closed with bullish engulfing candle which indicates continuation of the uptrend.
Currently the price is moving an uptrend making two touches of ascending trendline, the price managed to break past resistance level which is also a last week high, turning the level into support level. My bias is bullish so i will wait for the price to retest support level, also making a third touch of ascending trend line, if i can get confirmation i will take a...
4h price is in uptrend making three touches at ascending trend line Currently the price has brocken and closed above support and resistance level which alighn with 0.5% of Fibonacci retracement tool 1h I will long when price retrace back and retest the support level with a valid rejection candle for extra confirmation
4h price has been moving in a downtrend forming series of lower highs and lower lows, it then managed to break the support level and turn it to resistance level. Price made a retracement of 0.6% of the Fibonacci retracement where there is also a supply zone and resistance level. 1h after retracing back to the resistance/supply zone price gave a candlestick signal...
price has managed to make a fake break of previous week high and taped 60% of Fibonacci retracement. am looking for short when the price close inside resistance level.
4h: - currently the price is in clear uptrend after breaking and closing above resistance level 1h: - the price needs to retrace back to 1.29 support level which is also a 60% fibonacci retracement level - I will enter long trade after seeing bullish rejection candles
1D price was making higher lows and lower lows, until it reached Daily support level, where it failed to make new lower low, it formed double bottom pattern and created engulfing bar 4h: price broke out of the range and closed above, i'll wait for the price to retrace back to support level if there will be signal i'll long
1h Trend: Down trend Level: Below Resistance I'm waiting for the price to retrace back to the resistance level, if there will be signal to sell i'll short GBPCHF
1D - price is in strong uptrend 1H - price is in uptrend and above support line -the price needs to retrace back to demand zone which is also 0.6 - 0.7 of fibonacci retracement - signal = Buy
- price has consolidate for 7 days in 0.836 and 0.845 highs - currently price has managed to break downside and form a down trend - am waiting for retest of 0.839 supply zone and signal for confirmation to short
- Price has been raging between 1.266 and 1.278 - currently the price broke out of trend line and above support - am going to long with any sign of bullish rejection on the support
4h - price is in clear down trend with three rejection from descending trendline - price made retest on daily resistance and close with bearish rejection candles - am waiting for price to retrace back at 0.04200 area if i get bearish rejection candle on small time frame to short