Break of trendline in downside by taking resistance at supply zone. So go for it in sell side.
It tested the weekly low and created and doji so its time to but it. I am an Technical analyst. I have an 5 year experience of analysis. Providing you sweet and simple analysis of Forex pairs. For an paid/ daily analysis you an contact me detail in profile (Free calls for 3 days only) then its Paid with guidance.
Again selling started in AUD/JPY it tested the PENNANT pattern breakout. Now it started moving in down side again. I am an Technical analyst. I have an 5 year experience of analysis. Providing you sweet and simple analysis of Forex pairs. For an paid/ daily analysis you an contact me detail in profile (Free calls for 3 days only) then its Paid with guidance.
Wait for it to test the resistance zone/rejection and then break of trendline in downside. After that take a position in sell side with very good R:R.
Rejected from Resistance zone so now you can sell it. I am an Technical analyst. I have an 5 year experience of analysis. Providing you sweet and simple analysis of Forex pairs. For an paid/daily analysis you an contact me on my bio detail (Free calls for 3 days only) then its Paid with guidance.
Gbp/usd is going near to resistance and tendline too lets wait and watch it is going to be come down soon. I am an Technical analyst. I have an 5 year experience of analysis. Providing you sweet and simple analysis of Forex pairs. For an paid/daily analysis you an contact me detail in profile (Free calls for 3 days only) then its Paid with guidance.
USD/JPY break her support and started moving toward her next support.
It break her support line and start moving in her trend.
Its time to break her support zone wait and watch after breakout you can sell it.
I break her upside channel and retest it for downtrend.
It takes an support at trend line and it alredy in upside direction. So it is high probability trade.
It break her support line and retest it and started moving in downside direction.
It retest her old supplyzone also creates and shooting star candle from supply zone.
It takes an support from demand zone as well as on her old trendline.
NZD/USD takes an support from old demand zone after channel breakout and started moving in up direction.
EUR/USD break her resistance and channel which shows bullish trend too.
In 1 day timeframe 3 times it take an support from the same trendline and now it again takes an support from that trendline.
It break her channel as well as touches her support two times which makes double bottom. So, it shows bullish trend wait and watch.