Hello everyone!
#EURUSD
🔥New idea - Link
EURUSD is decelerating while approaching the resistance level. If price action prints a double top, the market might retrace from this level. On the 4-hourly timeframe, the market is in overbought territory. We anticipate a short-term bearish move; all confluences indicate that the price may pullback. It is going to be a structure-based trade.
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#EURJPY
🔥New idea - Link
EURJPY is moving down the channel. The market is testing the confluence level by making a complex pullback. Price action broke and closed above the lower high, meaning the market is in consolidation. The price is likely to bounce off the confluence level.
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#GBPCAD
🔥New idea - Link
GBPCAD market is trading in an ascending channel. Price making higher highs and higher closes, and it's approaching a major resistance and psychological level 1.73000. We expect a pullback to the support level and a buy opportunity from it. Breakout the resistance, pullback to support, and continuation.
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✅GBPCAD№4 ✅GBPCAD№9
✅GBPCAD№5 ❌GBPCAD№10
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#GOLD
🔥New idea - Link
GOLD is basically moving sideways, following bullish momentum. The market is decelerating at resistance levels. We have massive divergence. Price has been rejecting the resistance at 1965 and most likely it's going to be rejected again. We expect a selling opportunity at the resistance.
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Hello everyone!
#EURUSD
🔥New idea - Link
EURUSD is approaching the major psychological level at 1.13000 by completing the AB=CD pattern. The market is near the fibonacci extension levels and channel border. We had 6 consecutive bullish days, and we should see some retracement because the market can't go up in a straight line. We expect a bearish move; all confluences tell us that price could make a pullback.
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#EURAUD
🔥New idea - Link
EURAUD is moving sideways in the ascending channel. The market has tested the resistance twice, and there's a high chance that a third time it'll break it. Price made higher highs and higher closes, indicating a bullish trend. We expect a breakout of the resistance, a pullback, and its continuation.
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#USDCAD
🔥New idea - Link
USDCAD decelerated while approaching support, then bounced off it following the divergence. Price bounced off the psychological level of 1.31000. If you look left, the last time the price dropped from the resistance, it pulled back after the divergence. We anticipate the same price action and a retest of the resistance.
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#GOLD
🔥New idea - Link
GOLD is consolidating following the bullish momentum. Price is approaching the reaction zone, where the price was pushed back multiple times. The market is likely to pullback from the major resistance and fibo extension levels if price makes a false break.
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