FX:AUDUSD I've been watching AUD/USD pair for quite a while now. Here are my reasons on AUD/USD short : - H4 chart bullish trend had been broken down and currently having a pullback to the upper side - Fibonacci in H4 confirmed the resistance at 0.786 level and should be dropping to 0.382 level - Resistance can be clearly seen on the H1 chart @0.72377 (Currently...
Here are the reasons on EUR/USD short potential : - Monthly chart is forming a leg down after a double top pattern, and resuming to it's major support @1.08652 - Weekly chart is showing an overall bearish trend - Daily chart is also bearish, but bouncing from it's support @1.11766 as a correction to the upper side - 4H chart is showing a clear image of a...
I've been watching HK50 chart for a while now, and here are the reasons on HK50 Long : - Major Support (weekly) at 22483, and currently bouncing up - Next resistance (Daily) at 23554, and could go more to the upper side if it breaks - 4 hour chart is creating a double bottom pattern, and forming a leg up. Double bottom neckline is at 23152, if breaks then it's a...