It seems price is continuing to go down after forming a lower high, and in H4 TF, it has reached a demand level. If it bounce, it may go back to a supply level ( 1.10900 ), but if it can breakthrough the demand level at 1.10200, then we may see price drop lower to 1.10000 or even lower to 1.09700 .
Price has been going sideways for the last few days, ranging between 1.29800 and 1.27700 . It seems price is going down to the support level of 1.27700 and trying to touch the 200 SMA . If price bounce back, it can go back to 1.27700 , but if it can break the 1.27700 and the 200 SMA , then we may see price falling to the next demand level at 1.25500 .
Prices have broken the EMA 100, sellers are in control...Sell on short term...target is the first engulfing area which is a buy area...or you can place a OP buy limit on the two buy areas
Prices broke strong support and went down...followed by a pullback.... Sell at the now resistance line and expect a beautiful drop..
After breaking strong support and fell, prices pull back upward to a strong resistance line... Entry at pullback and expect another nice fall.
After unable to break a strong support twice, buyer is taking control. Buy with target breaking the last resistance.
After hitting strong support (lowest point since November), AUDUSD is going up looking at first strong resistance at 0.72700 level. OP: 0.70745 TP 1: 0.71500 TP 2: 0.72850 TP 3: 0.73600 SL: 0.70320
GBPCAD is pulling back after hitting strong resistance at 1.73000 level. Strong short opportunity with good RR OP: 1.71970 TP: 1.68500 SL: 1.73730 RR: 2.40
Strong bearish trend is still in control. This pair is pulling back to first strong resistance at 111.380 level after unable to break support level at 110.200. OP: 111.016 TP: 108.856 SL: 111.456
After failing to break string resistance, EURCAD is falling, targeting 1.51600 level OP: 1.54400 SL: 1.55878 TP: 1.51600 RR: 2.2