Hello everyone!
#EURUSD
🔥New idea - Link
EURUSD pulled back to the consolidation zone. Consolidation zones typically act as both support and resistance. The market is testing the psychological level of 1.6200 and is in the middle of consolidation. We expect a retest of the resistance level.
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#GBPAUD
🔥New idea - Link
GBPAUD tested the psychological level at 1.7700 and rebounded. The market is printing an equal measured move AB=CD , where D completion is right at support level near the buy zone. Price action created pinbar rejection candles. We expect a short term pullback.
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#AUDCAD
🔥New idea - Link
AUDCAD moved out of the ascending channel and gained momentum from resistance and the trendline. The market returned to consolidation zone. Price action is likely to move down from the psychological level and test the support level. We expect a pullback from the support level.
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#GOLD
🔥New idea - Link
GOLD broke through the resistance and surged. The resistance became a support now. The market is trading in an ascending channel . It broke and closed above the 1820 psychological level, indicating a bullish trend . We anticipate a test of the major resistance level and upper channel border.
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Hello everyone!
#EURUSD
🔥New idea - Link
EURUSD broke out of the ascending channel. The market could not make higher highs and higher closes at the resistance level . Price action is approaching the confluence level: resistance + trendline (dynamic resistance) + psychological level of 1.06000. We anticipate a false break to short.
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#EURNZD
🔥New idea - Link
EURNZD dropped from its psychological level of 1.7000. The market broke and closed below the 1.68000 support level , which became a resistance. There's a nice confluence zone to short at the resistance level . We expect a pullback from the resistance.
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#GBPCAD
🔥New idea - Link
GBPCAD broke and closed below the ascending channel . The market has reached major resistance. Notice, price action printed big red candles, indicating that there's no strength to go higher. Price action is likely to pullback to the support level and go further down.
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#GOLD
🔥New idea - Link
GOLD has reached the major resistance level. The market is trading in an ascending channel. Price action is likely to pullback from the major resistance level and the upper channel's border if price makes a false break. We expect a short term pullback.
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Hello everyone!
#EURUSD
🔥New idea - Link
EURUSD is consolidating in the middle of the consolidation zone, which usually acts as support and resistance levels. The markets created a massive red candle, meaning that bulls were pushed back. Price is coiling up before breaking out. We expect a sharp bearish move and AB=CD pattern.
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#GBPAUD
🔥New idea - Link
GBPAUD tested the psychological level at 1.7700 and went down. The market is trading in the descending channel , indicating a bearish trend. Price action created a double bottom after a massive bearish move. We expect a trend continuation trade.
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#GBPUSD
🔥New idea - Link
GBPUSD is testing the resistance zone and dynamic resistance. Price action has previously rebounded from this level. The market broke and closed below the psychological level at 1.21000, which gives the trend a slightly bearish sentiment. We expect the price to retest the support .
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#GOLD
🔥New idea - Link
GOLD is pulling back to the support level. The market is trading in an ascending channel . Price is making higher highs and higher closes, indicating an uptrend. We anticipate a retest of the major resistance level until price shows otherwise.
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