lvuithau

lvuithau

Pair is bearish and made a correction to retest a strong resistance. I am anticipating a bearish wave to the next nearest structure low.

lvuithau

Audcad has made a deep correction to retest the demand zone and is respected multiple times in the past and also testing the rising trendline. There is a high possibility of a bounce.

lvuithau

BULLISH OUTLOOK. Pair is trading in a sharp bullish trend and after days of consolidation it finally made a break of the previous high. On the 4 hour time frame, pair has broken the resistance of the range signaling the bullish strength and there is a high possibility the trend will continue to the next closest resistance..

lvuithau

Pair is on an uptrend making a series of higher highs and low. It has broken previous high and is making a correction to an area of interest which was tested multiple times in the past. I think pair will made a bounce from the demand zone.

lvuithau

On the daily time frame pair is trading in an uptrend and on retest the key level of resistance a dozi candle was spotted which signify the weakness of sellers. There is a confluence of fibo retracement and rising trend line test. Analysing the 4 hour chart a Inverse head and shoulder was spotted .A break of the neckline signify bullish momentum.

lvuithau

Cadjpy on the daily time frame has break bearish trend line and has reached the key level of structure. I am looking for a opportunity for a counter trade to join the pullback to key support levels. On the support level , I will drop down to lower time frame to look for my reasons to enter in chart pattern formation.