After consolidating for 5 months, USDCNH breaks the ascending triangle pattern with a bullish engulfing candle Expect the price to continue upward movement to retest previous resistance or at around EMA200
EURGBP has been consolidating for awhile, if it breaks the support expect it to retest the 0.8400 level
So the price had broken the ascending triangle, it retest the previous resistance which now becomes a support and now is looking to retest level 153.00 i'm currently bullish on this one. I put my stop loss on the box below support
Very simple idea from mine. In the coming weeks, the AUDJPY will be facing a major support levels on 72. I was extracting the data from long way back so we can see that the AUDJPY had been facing this level several times in the past and we should the price to react the same 70-72 is my buy zone, if we see that it cannot break this level then i will be opening my...
Strong price action support levels combined with strong MA200 support Bought at : 1.4600 TP 1 : 1.5150 I'd watch 1.5000 - 1.5150 levels closely If it breaks 1.5150 it will go to 1.6000 Keep in mind this is a weekly trade so, I'd suggest to wait until the price is pulling back in the lower time frame before you enter this trade Good luck