Pair looks is strong downtrend and it formed a triangle pattern inside the channel pattern with strong bearing candle in day frame. Hence expecting a short in next week.
This has formed a channel pattern and almost 6 times it tested resistance and 4 times support, Chance of break out is there all requires first 4 hour candle on monday to confirm further. FX:GBPAUD DISCLAIMER:This is purely for an educational purpose, I am not giving an call. Lets learn together.
This pair needs more attention next week, No confirmation has arrived yet, But see the 4hr chart, the double top has formed at the resistance level twice and strong bearish candle formed after indecision spinning top or doji candle at the same resistance level, Also the inverted hammer formed in red candle in last four hour after the strong bearish candle, It...
Clear chart has indicated that respecting the resistance and break down the support line, also clear double top has formed it is indicating an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed that the asset price falls below a support...
NSE:KOTAKBANK Triangle pattern formed.