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Probability of change trend
According to the behavior of the price in the specified support range, the continuation of the movement process will be according to the specified paths If the price crosses the support zone, the triangle pattern is formed and the current bearish wave will be the beginning of the bearish trend in th
IDEA 15: EUR/USD showtime
The 8h uptrend line is still intact. A hanging man candle on the daily chart. I would have more confidence in the long side once it closes above the weekly MA100 at 1.0956. The one aspect of NFP that is worrisome is the decrease in the unemployment rate. And the headline number was not bad. Maybe st
NZDCAD lower lows
NZDCAD is moving in the descending channel , and it has made lower lows. The market broke and closed below the support level, which became a resistance that was respected before. The market is heavily bearish on the higher timeframes If the resistance level rejects the price, then we can look
EURCAD is entering in a small bearish run
Prices are currently testing MA-50, however they did test the 50-MA, previously and we had a bearish engulfing few hours ago. Additionnally, Prices break below the kiju-sen as well. The cloud is turning Red, All of these are signaling we might entering in a small bearish Trend.
EURAUD: A Simple Pattern ?
EURAUD: A Simple Pattern? Price is currently developing within the "Descending Channel". The price zone near 1.5580 will decide the next move. It looks like an easy pattern but this currency pair has invalidated two times the bullish confirmed scenarios so you should be very careful despite the fact
NZDUSD - Bearish Shark
A Bearish Shark Pattern is completed within the sell zone of the NZDUSD . It is a good trend trading setup that I'm going to jump in. Granted, engaging on a daily timeframe could be intimidating for most traders, but I have an approach to engaging it. The idea is to have lower risk with higher retur
EUR/CAD:BUY From Support Area 50% FIBO New Swing LONG Setup
EUR/CAD in a Stronger Uptrend, in the last session, performed a Pullback on the previous support area around the 50% Fibonacci where the confluence with the dynamic trendline and the 50 Moving average pushed the price in the direction close to breaking the local maximum. The scenario is a classic sw
EUR/USD:SHORT from Dynamic Trendline 61.8% FIBO SELL
The EUR/USD continues to drop down from our last analysis, and today after our previous forecast on the retest of the dynamic trendline and the 61.8% Fibo the price still approaching a new push down in the direction of the main trend. In the Daily timeframe , the RSI is close to turning again on the
