USDJPY - We didnt get that push higher for the 3rd tap. However we have now broke the channel to the downside and made a new low. Now im looking for a retest of the trendline which is acting as dynamic resistance. This also lines up nicely with a nice resistance band, previous low, 61.8% Fib and also the 1H 50 EMA. Looking to take price to the extensions.
Hi Traders! looking to take EURUSD to the upside Looks like EU has made a move to the upside breaking the channel and making. new high. I will be monitoring price around the grey box for confirmation. We have now added the 38.2% fib as an extra confluence.
Hi Traders! Little bit of analysis here on AUDUSD. Looking to take price to the upside. Here you can see that price has broke out of the descending trend line that was capping price. We have also made an obvious high. Now looking for price to retest the previous high that lines up nicely with the 61.8% fib, potentially a 3rd tap on the ascending trend line and...
Hi Traders! Here is my first bit of analysis shared here on trading view. I have noticed that we have a potential inverse head and shoulders pattern here on CADJPY that also lines up very nicely with the 50% upon that right shoulder. I would be looking for a move higher from this area. Then potential scale in upon the break and retest of the neckline. Looking to...