TH-FX

TH-FX

Hello traders, after cadchf has made an extended downtrend we have seen some rejection at these lows and have made an inverse head and shoulders pattern. Price had a resistance zone at the neckline and has now broken above and retested old resistance now as new support, possibly see a bull run back upto the structure channel above in the following weeks. good look...

TH-FX

hello traders, nice reversal trade on the daily of pound yen after this market made a strong move down to the previous support zone price rejected breaking the horizontal trend line and started to make a push back up, targets set for previous consolidation box before the big move down, pushing for higher highs into next week. Let me know if you have any questions...

TH-FX

hello traders, so what we now have on this pair is a market that had made an extended downtrend that has came to an end, also making an inverse h/s pattern. We have a break above and close above our neckline from this pair, but what we still want to see from this market before we can get involved for the long opportunity is for the pair to make a retest of the...

TH-FX

Hello traders, for an update on this pair what we currently have is a market that has now broken the trend line of this ascending channel, while making the retest of the previous high. What we now want to see from this market before we can be looking for a short is for gold to make a retest of the trendline, previous support now turned resistance then we will be...

TH-FX

Hello traders, as we can see with this market from a weekly perspective, gold has previously respected a level of resistance twice. After then making a pullback, gold has found new support then made a break and close above the previous resistance level. Price action then made a retest of the level and respected it as new support. Possibly another bull run into...

TH-FX

hello traders, for an update on this pair we have now hit TP1 for the completion of our head & shoulders pattern, price action made a move down to previous structure support zone and is now starting to make a pullback. If we look at the neckline of this head & shoulders pattern we can see this is where price has created some structure meaning this is where price...

TH-FX

After this pair has been stuck inside a bullish Channel we have now broken the green trend line putting in our right shoulder. So now we have this pair showing some nice structure for h/s. Patiently waiting for the break and close below neckline for short confirmation, have tp1 and tp2 set according to structure.