#USDCHF
🔥New idea - Link
USDCHF is trading in the ascending channel. The market made a false break of the channel. The market pulled back to the consolidation zone that acts as support. We expect a bullish move from the support.
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#GOLD
🔥New idea - Link
GOLD is making higher highs and a higher close. The price in the ascending channel, and it broke the consolidation zone. We anticipate pullback retest the support level the trend continuation.
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Hello everyone!
#EURUSD
🔥New idea - Link
EURUSD made a false break of the support level. Price created an inverse head and shoulders that usually leads to bullish moves. We anticipate a double bottom at the support level as an entry signal.
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#EURAUD
🔥New idea - Link
EURAUD is testing the psychological level at 1.62000. Price is trading in the ascending channel, which acts as dynamic support. We can see that the price has entered the consolidation zone and bounced off the level multiple times.
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#NZDUSD
🔥New idea - Link
NZDUSD is trading in the descending channel. Price pulled back from the support level. There's a confluence level where resistance level 50% fibo perfectly lines up with it. We expect the bearish trend to continue at the channel border.
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#GOLD
🔥New idea - Link
GOLD pulled back support level. Price action is consolidating. Price is basically decelerating while approaching the support level. Price action is likely to continue consolidating until the new trend is confirmed by a breakout. We expect the market to move higher since the trend is sideways.
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Hello everyone!
#EURUSD
🔥New idea - Link
EURUSD is still in a bearish trend on the 4H chart. The market made a lower low and then a higher high, which means a consolidation. On the weekly chart, we have a doji bar. If price action makes a false break at the high or low of the bar, it will create a new trend. If the resistance holds, the market may continue moving sideways.
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