USDCHF has made a breakout and retest outside the trendline signifying a bearish continuation.
Following the Elliott's wave analysis ETHUSD seems to be finding support at 61.8% Fibonacci retracement level significantly creating the end of corrective wave C. I'm expecting bulls to take over and push the price higher. Add your comment below. Thank you,
NZDJPY has made a breakout out of a falling wedge structure indicating a bullish reversal follow new highs.
GBPJPY has made a breakout and retest out of the trendline. I'm expecting a bearish continuation.
After the wedge correction pattern we have a break out indicating bulls are taking over and the begging of another impulsive wave.
XAUUSD seems to be in a correction phase retracing towards 1829, 71% Fibonacci retracement level where I expect bears to takeover and push the price lower.
The price on EURUSD has made a bounce off the resistance trendline indicating a bearish continuation. Whatout for a sell position. Find Sl ans TP on the chart.
GBPNZD possible long after breakout and retest of the trendline following a mid week reversal.
On the weekly timeframe we can notice NZDCHF respecting parallel trendlines and the 4th wave ends at 0.382 Fibonacci retracement level creating a bullish flag . I'm expecting a bullish impulsive continuation significantly creating the 5th wave. I'll be targeting 0.72000. Kindly like and follow for more idea updates.
On the weekly timeframe we can notice NZDUSD respecting parallel trendlines and the 4th wave ends at 0.382 Fibonacci retracement level creating a bullish flag. I'm expecting a bullish impulsive continuation significantly creating the 5th wave. I'll be targeting 0.72000. Kindly like and follow for more idea updates.
NZDCAD Is at the resistance zone with RSI at over sold I'm currently expecting bears to come in and push the price lower . Watchout and trade with confirmation. Kindly like and follow for more chart setup updates.
Potential buy opportunity after the price has made a breakout and retest out of the resistance trendline signifying a trend reversal. Follow for more daily updates.
Gold spot has made a breakout out of the resistance zone of 1795. We could see a retest before the price continues higher towards the next major resistance zone of 1850.
A few interesting points to note; the market has retraced to a major psychological support trendline. Where We can notice a bullish engulfing candlestick pattern indicating rejection and a potential start of a new bulish trend (wave). I'll be updating you once an opportunity presents itself. Pm
A few interesting points to note; the market has retraced to a major psychological support trendline. Where We can notice a bullish engulfing candlestick pattern indicating rejection and a potential start of a new bulish trend (wave). I'll be updating you once an opportunity presents itself. Pm
GBPUSD possible long forming wave 5 after bouncing off 0.38% Fibonacci retracement sequence. Share your thoughts.
The market has formed a bullish triangle pattern indicating a bullish continuation. Watch out for the breakout of the resistance level.
GBPNZD has managed to find support @ and bounced off the support zone watchout for breakout and retest from the mini resistance trendline.