AUDUSD has been trending in a Bearish Trend. No divergence has been observed on the RSI. Trade Plan: Short Entry: 0.66080 SL: 0.66553 TP1: 0.65607 TP2: 0.65134
EURCAD has been trading in a repetitive AB=CD pattern. Currently, the price has broken point B. There is no Bearish divergence, hence the price is likely to move towards point D to complete the AB=CD pattern. Trade Plan: Long Entry: 1.48365 SL: 1.47836 TP1: 1.48894 TP2: 1.49424
USDCAD has been trading in a strong Bullish Trend. No divergence Divergence has been observed on the 1 hour RSI. The price action currently seems to be printing new lows - a potential reversal into a strong Bearish Trend. If the price action breaks out the 1.47493 level, the price could continue in a downward towards the 1.46225 level. Trade Plan: Short Entry:...
USDCAD has been trading in a strong Bearish Trend, following which, a strong Bullish Divergence has been observed on the 1 hour RSI. The divergence has pushed the price action up, which currently seems to be printing new highs - a potential reversal into a strong Bullish Trend. If the price action breaks out the 1.36652 level, the price could continue in an...
EURUSD has been trading in a strong Bullish Trend, following which, a strong Bearish Divergence has been observed on the 1 hour RSI. The divergence has pushed the price action down, which currently seems to be printing new lows - a potential reversal into a strong Bearish trend. If the price action breaks out the 1.08215 level, the price could continue in a...
Trade Plan: Short Entry: 59971.67 SL: 62028.36 TP: 57914.67
An AB=CD Pattern has been observed on the 1 hour timeframe. Strong divergence has emerged on the 1 hour RSI, following which the price action has formed a Double Bottom pattern, which hints a likely reversal if the price breaks through the 1.90355 level. Trade Plan: Long Entry: 1.90355 SL: 1.89051 TP1: 1.91660 TP2: 1.92960
Bearish Bat Pattern has been observed on the 1 hour timeframe. Trade on the break of previous LL. Trade Plan: Short Entry: 1.37117 SL: 1.37658 TP1: 1.36580 TP2: 1.36040
A strong Bat Pattern has been observed with clear divergence on RSI on the 1 hour timeframe. Trade Plan: Short Entry: 0.59947 SL: 0.60519 TP1: 0.59370 TP2: 0.58800
AUDCAD has been trading in a strong Bullish Trend. After a short period of retracement at the 0.89791 price level, the Bullish run has continued. Following the strong Bullish run, the price action has formed an AB=CD pattern, following which strong divergence has been observed on the RSI on the 1 hour timeframe, hinting a strong reversal into a Bearish trend, if...
NZDCAD has been trading in a strong Bullish Trend. After a short period of retracement at the 0.81720 price level, the Bullish run has continued. Following the strong Bullish run, the price action has formed an AB=CD pattern, following which strong divergence has been observed on the RSI on the 1 hour timeframe and a Double Top pattern has emerged, hinting a...
Trade Plan: Short Entry: 1.80476 SL: 1.81065 TP1: 1.79890 TP2: 1.79300
EURCAD has been trading in a Bullish Trend. Following a strong Bearish Divergence on the RSI, a clear Double Top Pattern has been formed, hinting a Bearish reversal. Trade Plan: Short Entry: 1.46732 SL: 1.47302 TP1: 1.46162 TP2: 1.45590
AUDCAD has been trading in a strong Bullish Trend. No Divergence has been observed on the RSI. A clear Cup & Handle Pattern has formed which confluences the continuation of the Bullish Trend. Trade Plan: Long Entry: 0.89784 SL: 0.89013 TP1: 0.90550 TP2: 0.91330
EURGBP has been trading in a strong Bearish Trend, printing new LLs and LHs. Following Bullish Divergence on the 1 Hour TimeFrame, a strong Double Bottom Pattern has emerged, hinting potential reversal to a Bullish Trend. If a breakout of the neckline at the 0.85574 level is seen, price can potentially move close to the 0.86170 level. Trade Plan: Long Entry:...
EURGBP has been trading in a strong Bearish Trend, having formed a Bearish Flag Pattern which further confirms the continuation of the downward trend. If the price breaks through the 0.85246 level, it is projected to move close to 0.84590. Trade Call: Short Entry: 0.85246 SL: 0.85573 TP1: 0.84920 TP2: 0.84590
XAUUSD has maintained a robust bearish trajectory without any discernible divergence noted on the 1-hour timeframe. Notably, recent price action has exhibited the formation of a bearish rectangle pattern, reinforcing the prevailing downtrend. A potential scenario could unfold if the price breaches the 2287.91 level, potentially extending the downward movement...
Trade Call: Short Entry: 0.64801 SL: 0.65393 TP1: 0.64210 TP2: 0.63620