#EURAUD
🔥New idea - Link
EURAUD moving in the ascending channel . Price is creating a triangle pattern , resulting in a potential AB=CD pattern if it breaks it. The market is trading near the psychological level of 1.5600. We expect a breakout of the resistance level and a further bullish move.
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#EURJPY
🔥New idea - Link
EURJPY tested the upper border of the descending channel. The market bounced off the psychological level of 143.000 by making a pullback. Price action is printing lower lows and lower close, indicating a bearish trend. The trend is bearish , so the price is likely to test the support level .
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#GOLD
🔥New idea - Link
GOLD is consolidating above the support level at 1880. Price is making higher highs and higher close. Because consolidation zones typically act as both support and resistance , we anticipate a price pullback to the zone followed by a rebound. We anticipate a long-term move above the next major resistance level until price shows otherwise.
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Hello everyone!
#EURUSD
🔥New idea - Link
EURUSD broke and closed above the resistance that became support. The market is trading above the consolidation. Price is consolidating, and it probably will test the support and dynamic support, then go to the next resistance . We expect the new trend to continue.
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#CADJPY
🔥New idea - Link
CADJPY is trading in the descending channel. The market could not make a lower low at support, indicating a potential reversal or consolidation. Price is testing at a psychological level of 96,000. We expect a test of support and bullish move.
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#AUDCHF
🔥New idea - Link
AUDCHF is testing the resistance zone , which is a psychological level of 0.65000. Price action created divergence at resistance. The market is overextended, so there's going to be some pullback from the resistance. We anticipate at least a 50% retracement of the X-A move.
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#GOLD
🔥New idea - Link
GOLD is pulling back from the upper border of the ascending channel. Even though the market is in a bullish trend , price created a divergence on the 1H and 4H at resistance level 1905 - 1907 zone. Price action will most likely go down to retest the support level or consolidate. We expect a short term pullback from the resistance.
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Hello everyone!
#EURUSD
🔥New idea - Link
EURUSD is testing the major daily resistance zone and a dynamic resistance. Price could not broke and close above the resistance, indicating bulls are running out of steam. Price action printed a double top and divergence, the market will see some pullback. We expect a bearish move or consolidation between 1.0870 - 1.07500.
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#AUDCHF
🔥New idea - Link
AUDCHF is trading and moving in the ascending channel. The market could not break and close above the major resistance level 0.65000. Price action creating a triple top is another indication that the price will go down. We expect a breakout of the channel and a retest of the support level and dynamic support.
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#GBPAUD
🔥New idea - Link
GBPAUD is currently trading between two range level. Price rejected psychological level 1.7500 twice. Price action printed a bullish harmonic pattern . We expect a move up since the major support level is near on the higher timeframe.
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#GOLD
🔥New idea - Link
GOLD is consolidating above the major support level at 1900. Price is making higher highs and higher close. We anticipate a trend continuation trade. Basic breakout - pullback - continuation pattern.
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