quick sell on USDCAD. Double top formed, major push down, now being treated as relief, coming back up it respected the neckline with a bearish engulfing.
quick sell for GBPUSD. Shows that it is respecting the 4hr bearish trendline , while making its way to some support.
USDCAD sell opportunity.. Bigger picture on my past USDCAD post resistance now becoming support? Second relief pulling back/respecting support. Now anticipating 3 Impulse to continue this Bearish Trend.
GBPJPY buy.. - A break of the bearish trend - Triangle break with strong bullish movement gives us insight that it'll be making its way to the indicated levels above. - A top down analysis shows that Monthly we have Impulse, and then relief (we are now in the relief stage) Support & Resistance Levels: orange = weekly dark purple = daily pink = 4h 8anticipate...
again GBPAUD retests. Showing a high consolidation zone bouncing on and off supply & depend/support & resistance. See itll make its way down to indicated levels. On the Daily we can see this as a potential right shoulder forming. This resistance level has proven itself over and over, so i can potentially see this being the last time it hits it & watch it make its...
Bearish trend. Sell with lower levels intended to be reached ?
Update on previous GBPAUD sell post. All TP's we're hit. Just wanted to dive in and see what is to happen next if anyone is staying up to date with this pair. I do believe this will push to 1.74*, but its in a consolidation zone rn. Patience is key as anything can happen. You could make the previous trade again as it'll push back towards the TP's if it respects...
This major bearish trend cannot go ignored. After respecting it numerous of times its safe to say it is there to stay. Bouncing off support & resistance its about to make its breakout to the lower levels indicated (TP's). *As this could go either way patience is key so wait to see what'll happen*
GBPAUD sell. hitting major resistance. If respects will see a bearish push. Also, Head and Shoulders formation? Also, seems like its playing out a Bat Pattern? TP1. 1.78764 TP2. 1.78089 SL. 1.79880* You can hold this for long as well b/c two major supports are shown final TP could potentially be 1.74* area