Harmonic pattern Bullish bat completed. Price got rejection from strong resistance zone. Wish you good profit on this trade.
AUDCAD got rejection from daily resistance level. Pair was trading in channel and got rejection 2 time. We are seeing rejection again from same trendline. Manage your risk according.
Reason to buy -Harmonic pattern bullish bat completed - Price got rejection from PRZ and now testing it agian. - With retest we can place by order.
1- Gold is in uptrend continuously updating its Higher highs and higher lows but is facing strong resistance and bounced back from trendline 3 time. 2- If price break rising wedge downward with momentum then with retest we can sell gold. 3- Potential target is 1870 which is strong support level. 4- Its 1:3 risk/reward trade.
1- Harmonic pattern Bearish bat completed 2- Candle stick pattern Gravestone doji formatio 3- Rejecion from FIB level 0,786
Reason to sell: 1- EURJPY is in downtrend and updating LH and LL. 2- Pair is near horizontal support and possibly make a double top which is reversal pattern. 3- Price is in golden FIB zone and can reverse possibly from golden zone. 4- Price is approaching MA200 in 4H timeframe which can provide resistance.
Reason to Buy: 1- Bullsh triangle pattern completed 2- Buy with break of resistance 3- MA 200 at 4H provding dynamic resitance 4- Price bounced back from FIB level 0,236
Reason to buy: 1- GBPCHF is updating it HH and HL 2- Pair is respecting it rising trendline 3- Pair recently broke it resistance which previously was working as support as well. 4- We can target FIB level 0,618 where reside resistance as well
1- Pair is in downtrend and updating lower high and lower low. 2- Pair is trading under falling reistance in H4. 3- Harmonic pattern Bearish Crab formation 4- Important daily and H4 resistance ahead. 5- Short with candlestick confirmation
Reason to buy: 1- Downtrend got rejection from support level and made morning star pattern. 2- Descending triangel broken upward, retested the upper neckline and another bullish candle formed. 3- There is supply above as well and we know that market loves the liquidity. 4- Downtrend didnot make lower low rather created support and respected that support once again.
Reason to Buy: 1- Pattern AB= CD is identified 2- Price bounced back from supply area and created support. 3- If price respect it newly created support and break its current resistance then set up is valid.
Price is in rising channel and got rejection from bottom of the channel.
Reasons to take sell at this level 1- Weekly down trend 2- Bat pattern formation 3- Candle stick pattern 3 black crows 4- Price is currently at daily resistance level and got rejection 5- The upward leg did not updated HH, rather making HL EP 0,89200 TP1 0,88147 TP2 0,87068 SL 0.89825
Currently #GBPCHF is in downtrend and broke it support. We can target next support.
Price got rejection from support area and now is bouncing back. If price break resistance at 1,53629 then we can target next daily resistance level at 1,56266.
BTCUSD is currently in uptrend and making HH and HL at 4H time frame. I am bullish for short term on BTCUSD. If retest previous high then we can go long.
#EURCAD is trading above rising support / trendline. After making a drop, pair bounce backed near tendline and we can spot bullish counter attack with three consecutive green candles.
Gold made a double bottom and is looking bullish. Tweezers bottom candles printed two times in the same areas which is good sign that gold can go bullish.