#NZDJPY
🔥New idea - Link
NZDJPY is in an ascending channel. However, the price broke and closed below the level at 83.200. The market is printing build-up near the channel border and support. Most likely, price action is going to breakout and go down. We expect a breakout of the ascending channel, which is essentially where price is coiling up before expanding.
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#EURCAD
🔥New idea - Link
EURCAD broke and closed below the ascending channel and resistance level at 1.47000. Bulls could not push the price higher, and it dropped below the consolidation zone on the left. Price action might create an AB=CD pattern. We expect a pullback then a trending down.
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#GOLD
🔥New idea - Link
GOLD is pulling back to support at the lower border of the channel and 61.8% fibo. Price reacted to this level before, and the market broke and closed above the level by a huge green candle. The market is likely going to consolidate between support and resistance. We anticipate a consolidating market until price action shows a new trend.
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Hello everyone!
#EURUSD
🔥New idea - Link
EURUSD is testing resistance where the price previously reacted to it. The market is trading in an ascending channel. Notice how the price tested and rebounded from the support and Fibonacci retracement levels. Price action printed a big bullish candle, an indication of strength and a probable breakout. We expect a breakout pullback and continuation.
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❗️5/6 last EURUSD ideas come TRUE ❗️
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#CADJPY
🔥New idea - Link
CADJPY is decelerating while approaching a major resistance level on the 4H. Price has reached the resistance level of 100.500. The market shows massive divergence at the resistance level , which indicates that prices may explode downward. Kill zone: resistance and an equal-measured move.
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#AUDCAD
🔥New idea - Link
AUDCAD is pulling back to the potential confluence zone, resistance level, and golden ratio of 61.8%. The market is printing small candles, which means bulls are running out of steam. Price action is likely to move down from the kill zone since we have a bearish trend and the current bullish move is just a pullback. We expect a sharp move down.
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#GOLD
🔥New idea - Link
GOLD is trading in the descending channel. The market is pulling back to resistance levels and the 50% fibo retracement. Price action is creating a strong bearish move while pullbacks are weak, and this is an indication that bears are in control. We expect a short term trend continuation trade.
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Hello everyone!
#EURUSD
🔥New idea - Link
EURUSD is consolidating. It could break and close above the resistance at 1.09800. It's an indication that the bull has run out of steam. Price action is most likely to continue consolidating. A breakout of the consolidation zone will determine future price action. We anticipate further consolidation or a bearish move if price breaks the consolidation zone.
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#AUDNZD
🔥New idea - Link
AUDNZD is currently testing a major resistance level. The market is creating a double top with divergence and a bearish harmonic pattern. We expect a pullback from this level since the trend is bearish.
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#AUDUSD
🔥New idea - Link
AUDUSD recently made a double top at the resistance level. The price broke and closed below the ascending channel. The market is consolidating on the 4H timeframe, and price likely will retest the support by creating AB=CD pattern. We expect a bearish move.
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#GOLD
🔥New idea - Link
GOLD broke and closed below the consolidation zone. It's trading in a downward channel, and it's approaching a significant support level and confluence level. Price is testing dynamic support and the channel's border, which creates a trading opportunity. We look for short-term counter-trend trade opportunities at the confluence level.
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