#CHFJPY
🔥New idea - Link
CHFJPY is trading in the descending channel on the 4H timeframe. The market is approaching the kill zone: channel border, golden ration, and psychological level at 152.000. Price action is printing lower lows and lower closes, indicating bears are in control. The price is most likely to react to this level by rejecting it.
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#GBPNZD
🔥New idea - Link
GBPNZD broke out of the ascending channel and moved higher to the resistance level. There's a nice confluence zone to short at the resistance level and a bearish harmonic pattern. We expect a false breakout of the previous high and a move down.
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#GOLD
🔥New idea - Link
GOLD is approaching the support level, which is the confluence level. Price tested the support level and bounced off it by creating momentum. We are looking for buying opportunities at the confluence level: the bullish harmonic pattern and the major support level .
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Hello everyone!
#EURUSD
🔥New idea - Link
EURUSD did not go lower; instead, it rebounded from the support level by breaking previous highs. The market is bullish on the 4-hour timeframe, and most likely the price will make a new high. Price broke and closed above the psychological level at 1.1000. We anticipate the trend's continuation.
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#CADJPY
🔥New idea - Link
CADJPY is trading in the descending channel . The market formed a bearish harmonic pattern . Price action is printing lows and lower highs, an indication of bearish pressure. Price is likely to reject the psychological level of 101.000 .
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#EURNZD
🔥New idea - Link
EURNZD broke and closed below the psychological level at 1.75000, which became a resistance. Price is trading in the descending channel. There's a nice confluence zone to short at the resistance level . We expect a retest of the support level.
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#GOLD
🔥New idea - Link
GOLD is moving sideways, indicating market indecision. The market is approaching the resistance level where price was pushed back. Price is making lower lows and creating a potential AB=CD pattern.
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#EURUSD
🔥New idea - Link
EURUSD bounced off the major support level. Price tested the level where price made a rejection and gained bullish momentum. The market is likely to retest the resistance level. We anticipate a bullish move from the support.
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#EURJPY
🔥New idea - Link
EURJPY is making higher highs and higher closes, indicating a bullish trend on the 4 hourly chart. The market is consolidating at support of 148.000 and psychological levels as well. We expect a breakout of the consolidating zone, a pullback from it, and then a continuation of the trend.
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#USDCHF
🔥New idea - Link
USDCHF is trading in the ascending channel, but the major trend is bearish. The market is putting bearish pressure on the support level, and most likely it will break the support. We expect a breakout of the channel and a bearish move.
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#GOLD
🔥New idea - Link
GOLD is trading in the consolidation zone, indicating market indecision. It attempted to break the resistance level multiple times. The market has a slightly bearish sentiment since it's trading in a descending channel. If the market breaks and closes below the dynamic support, it may go down.
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#EURUSD
🔥New idea - Link
EURUSD is oversold territory and major support level on the higher timeframe. Price created a massive divegence on the 4H chart and this indicates that price might make sharp bullish move. We anticipate a false break of the support level as entry signal.
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#AUDCAD
🔥New idea - Link
AUDCAD is testing the support level of 0.89500 . The market created a double bottom, which is a double confirmation. Price action is likely to retest the resistance level since the market is consolidating on the 4H chart.
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