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AUD/CHF has formed a very bearish Pin Bar. The pair is likely to fall towards the support at 0.7421 support level.
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11 of Sept : Weekly NZDUSD Pinbar
good morning duka traders
in this weekly chart we see the important pinbar for reversal trend , i expect more bearish to reach at minimum 0.720
and it very interested ratio according to money management and it s at minimum 1:3
have a great week end and good luck in trading
greeting from cairo
in this weekly chart we see the important pinbar for reversal trend , i expect more bearish to reach at minimum 0.720
and it very interested ratio according to money management and it s at minimum 1:3
have a great week end and good luck in trading
greeting from cairo
EURAUD still within bears' control
Weekly chart:
The decline from 2008 has such a huge impact on the EURAUD, that we are still trading at critical levels of the down move in 2015. The inverse Head and Shoulders has met its objective and more as the market now trades around the 38.2% of the huge 2008 decline.
Daily Chart:
Zooming into the daily chart, we see that the market has already found strong selling pressure on the 38.2% retracement mark once in Dec 2014. There are signs that the market is again facing strong selling a…
EURJPY - reversal pin bar
Friday, 20.02 we've seen nice pin bar on EURJPY. Now support near 134.00 look strong. If price cut 136.60 there is now another resistance level before 140.00. So, let'be ready for action..
GBPJPY to Continue its Upward March?
GBPJPY left us guessing on Friday after putting in a largely bearish close. However, the pair did finish the week up 82 pips. Right now the pair appears to be resting on the top side of the wedge that has been forming since early this year. The GBPJPY is known for it's volatile movements, so this past Friday's price action shouldn't be a total surprise.
We'll have to see what next week brings for the pair. I've outlined possible resistance levels in a previous post, should GBPJPY continue its up…
We'll have to see what next week brings for the pair. I've outlined possible resistance levels in a previous post, should GBPJPY continue its up…
AUD/USD-Bearish continuation!
Charts: 4Hours, 1 Day.
Elements used: Fibonacci Fan Lines, Retracements,MACD, EMA 3,5,13,21,50,100,Time Markers.
Current Level : 0.8804
AUD/USD pair after breaking the major support zone at 0.8848 made way for further down momentum.The trend is clearly bearish and also if we take a look at the support line we can see that we have no pin bar that could indicate us a bottom & a possible reversal to come so bearish is surely the trend direction for the month to come. My predicted price leve…
My сycle of articles, dedicated Price Action continues
How do you do the respected traders)my cycle of articles, dedicated Price Action continues. In this time I examined one of the most powerful resersal candle pattern - pin-bar. Many traders with it are familiar, but not all they know as to precisely define qualitative pin- bars as competently to enter into position using this pattern, to what it is worthwhile to focus attention. I want to share with all these moments with you in my new article. Reference here