that horixontal ray will giive us a guidline on whether to go long, overall bias is long on this pair and a head and shoulders formation on the 4hour chart
looking to go short on usdcad as you can see the channel formation and its hit the resistence level so bias is short
1 hour timeframe looking for long in the consolidation zone
this pair has been playong around 31.351 at support so im looking for some really long potential here and there's a harmonic pattern
not my most favourite pair in the worls but its at a very important support level right now 11.77349 which it bounced of so we could be looking for a lot of upside potential on this pair
so this is super long term we are looking at a downward channel, AND IT IS EDGING CLOSER TO OUR RESISTANCE AT 1.26200
as you the see the pattern of had and shoulders is clearly formed but i would wait till after nfp to see what happens so uoside movement potential here
just a few support and resistance levels that ive spotted and you'll notice those moving averages are getting close to each other so possible downward movement but we have to wait for nfp to see where the direction will go
its at the resistance so we should wait for breakage of it for long opportunities or if its a double top wait for the breakage of the channel
waiting for my entry but my bias is long on this pair as its at its support, should it break it we are looking at 0.71947 to go long
its at the support and the 4h chart shows a bullish candle stick so bias is long, and a possible bullish harmonic bat
retraced into the top of the ascending channel so bias is short
its approaching the ascending trendline and also formed a harmonic pattern so bulls are my bias
usdchf long bias in a channel upwards and a harmonic bat in play so bias is long
after the pull back im expecting more push downwards on this pair to the pink striped trend line and then further downside movement
the pair has went into a triangle on the weekly and was also formed a harmonic pattern so my bias is short on this pair seeming that it has also broken out then the ascending trend line
strong level of support harmonic pattern formed still my bias is long