THE STORY OF THE DOJI: A large institutional player attempted to orchestrate a stop hunt, creating a false sense of market direction to trigger stops and ignite a sell-off. However, the subsequent price action revealed their hand. The Doji candle at the support level indicated a loss of conviction among sellers, while the slow distribution and step-like pattern...
PRICE MIGHT GO UP FOR THIRD RETEST OF TRENDLINE BEFORE CONTINUING ITS MOVE DOWN
PRICE IS IN A DOWNTREND, FORMING LOWER HIGHS N LOWS
Price moving in a descending channel, might find support and push higher
PRICE IS MOVING IN A DESCENDING CHANNEL, MAY FIND SUPPORT ON THE TREND LINE FOR LONG
PRICE JUST FORMED A BULL FLAG FOR ANOTHER RE-ENTRY
PRICE FORMED AN ASCENDING CHANNEL ON THE DAILY AND 4HR TIME FRAME, WE'D BE LOOKING FOR MORE DOWNSIDE THIS WEEK
PRICE REJECTS RESISTANCE TWICE ON THE DAILY LEVEL , WE CAN PREDICT PRICE MOVING TO SUPPORT
AFTER REJECTING SUPPORT, NZDCAD WOULD RETRACE TO NEXT SUPPORT ZONE
THERE MIGHT BE A POSSIBLE PULLACK TO RESISTANCE BEFORE PRICE GOES LONG
PRICE MAY MAKE ONE SHORT BULL RUN TO THE UPSIDE BEFORE SHORTING....