GBP/AUD broke out of a short term bearish channel impulsively to confirm a change in the market direction to the upside.. now we can the market is pulling back in a corrective manner to retest the zone where it broke out. lets monitor this setup for buying opportunities around key area 1.92800
we can see a clear channel within a channel which is moving in a corrective manner to the upside .. we should see price rejections at the resistance for an impulsive move to the down side.
we can clearly see a beautiful heads and shoulder pattern forming in the 4H TF . lets wait and see how price reacts in the zone for a better confirmation and entry.
Market is retesting a previous support turn resistance .. key entry for sell is 1.72200 ... 30pips SL and TP @ 1.69500
this is a simple technical analysis on BTC.. we can clearly see price is in an up trend in an ascending channel but the past few days price has been consolidating which has painted a pattern that looks like a bullish flag.. hoping to see price push further to the downside into the support zone mark out to go long. keep an eye on this one!
GBPAUD Trade idea.. this setup is purely based on technical analysis only hence fundamentals can still change the dynamics of this beautiful setup. keep an eye on this one.
After an impulsive move to the downside, we can now see a pull back in a corrective manner in a small channel ... overall forming something like a bearish flag. We should see price rejection at around 0.60200 to short.
Pure technical analysis on AUD/JYP hoping to see a massive sell off after a third touch in the small ascending channel and price rejections around 96.500 "a significant price"!
technical analysis but hoping to see a massive sell off from 183.00 area after the news event on JPY @ 11:30pm .. you snooze you lose!
cup and handle pattern about to form.. be on the look out for buying opportunities #BTC
this looks like a cup and handle pattern about to form ... add to your watch list and be on the look out for more confirmation .