ForexGoldenBoy

ForexGoldenBoy Updated 

Bullish channel + Rebound on support + Price > Pivot point (P) + Crossing R1 = Target R2.

ForexGoldenBoy Updated 

Bearish channel + Rebound on support = The downtrend is moving back toward a new low.

ForexGoldenBoy Updated 

Already 4 rebounds on this level. A 5th is not to be excluded. Bearish trend.

ForexGoldenBoy Updated 

Symmetrical triangle + Exit from the bottom = Probable bearish trend. Beware this pair is quite difficult to read. But finally the shoulders and head previously mentioned seems to be the direction to follow.

ForexGoldenBoy Updated 

Hello to all The pull back gives the impression of going badly. If things are confirmed. A long is possible

ForexGoldenBoy Updated 

Audnzd = Rebound on the support of the bullish channel + Crossing of resistance in progress. = The trend is clearly upward.

ForexGoldenBoy Updated 

Bullish channel + Rebound on support + Price > Pivot points P-R1-R2 = Bullish trend + TP: R3

ForexGoldenBoy Updated 

so far the first one seems to be failing. As a result, the trend may well start to rise again soon. Especially since a rebound may already be underway.

ForexGoldenBoy Updated 

The eurnzd is currently testing a strong H1 support. Prices could once again be projected higher.

ForexGoldenBoy Updated 

Major resistance + Possible pull back in progress = Possible bearish trend.

ForexGoldenBoy Updated 

Bullish channel + Rebound on resistance + Channel exit from below = Bearish trend

ForexGoldenBoy Updated 

EURCAD update Ascending triangle + Exit from the top + Pull Back = Bullish trend

ForexGoldenBoy

Reversal pattern If prices fail to break through the resistance they are currently hitting The pattern will be confirmed and the dots will be the target.

ForexGoldenBoy

Pull back underway + The previous support became resistance on the last bounce. Prices are currently in a bearish channel This pull back may be interesting to study.

ForexGoldenBoy

A small bearish channel is trying to make its way to a new low. It is currently testing its previous resistance, which if the polarity principle holds true, will become its new support. Prices could then plunge to the bottom. This is a strategic spot whether you are bullish or bearish

ForexGoldenBoy Updated 

Update Ascending triangle in progress = Probable Pull Back faillure = Bullish trend to consider

ForexGoldenBoy Updated 

Bullish Channel + Possible bullish rebound = Uptrend

ForexGoldenBoy Updated 

Resistance line rebound + Pivots Points rebound = Downtrend to consider