Got 3 major Daily levels, and we've approached one of them. We're most likely to see a drop heading to our anticipated target which is an overall of 150 pips. Let's get that trend line breakout for more confirmation before we hit the sell button!!!
Market has tested our Double Bottom/Demand Zone, hence we're looking to go long on this trade. We've also got a falling wedge pattern and the market however managed to breakout.
Confirmed trend line(Descending)and a ascending channel. Market broke our ascending trend line hence we're looking to go short.
Due to the market rising for a while, we're most likely to get a trend reversal(Shorts). Could likely say that we're currently at the distribution phase, on our way to the mark-down phase. Entries will be taken using the H4.
On the monthly timeframe , the market is currently ranging. Since it's at its lowest, we're expecting a strong buy to the zone(Target) at 0.71743. Multiple touches on the ascending trend line, as well as a slight pullback back to the 0.69999 level would give us an overview to look at buying the pair.
Market has created a new Support/Demand level and has formed a third touch on the ascending trend line. The market is still bearish at the moment, but proper confirmation will be at the channel breakout. Any ideas/thoughts you'd like to share, feel free!
We had a Channel breakout in the past, strong Supply Zone caused the market to fall. A slight retest back at our resistance level, with a trend line breakout giving us an eye open on what will happen next.
We've got confirmation that we're in an uptrend. Ascending channel with 3 touches, bullish engulfing candlestick which might give us buying opportunities. If you've got any thoughts, leave a comment below!
Looking for a strong impulsive move to the downside. Target is at our support level 1.86536. If you've got any thoughts you'd like to share, don't hesitate to leave a comment.
Multiple touches on the ascending trend line. Got a rejection back into the trend line, inverted head and shoulders pattern formed. Once we get a breakout from the descending channel, we'll have assurance that bulls are in control.
Market has tested thrice on the ascending trend line, looking for an impulsive move to the upside. More confirmation after the market breaks the resistance level.
Market has broke our ascending trend line, retested back at our resistance level, as well as our trend line. Previous bearish engulfing candlestick gave us an overview of what to expect.
The market is currently trending in a descending channel, giving us an idea of what is to happen next. Previous Bearish engulfing occurred on the Daily timeframe, confirming that sellers are in control of the market. Feedback would be highly appreciated!
We're currently trading in an ascending channel, having multiple touches on the trendline. An engulfing bar(Bullish) has just occurred and we'll be looking towards going to the upside.