Cup & Handle Formation.
As we look into GBPAUD 1 hour chart we are able to see clear formation of Cup & Handle chart pattern. Cup & Handle chart pattern is considered to be reversal pattern. GBPAUD is currently on downtrend, this pattern signifies possible reversal on this pair. This could be...
EURUSD is currently trading in a minor bullish channel. Yesterday it has made a low of 1.2658, but was unable to continue its downward extension. If EURUSD breaks below its current support at 1.2680, then EURUSD might continue to extend its downward extension to test its lows at 1.2658 and...
USDCAD initially made a false breakout from its resistance level at 1.0470 and made a high of 1.0508 and failed to sustain above 1.0470. After increased interest rate decision from BOC from 0.75% to 1%, USDCAD made a strong push to the downside making a low of 1.0345. Considering the current...
1.2920 Resistance Holds On EURUSD
1.2920 Resistance Holds On EURUSD
We must see a break of 1.2921 previous high to confirm further move to the upside. But EURUSD failed to break 1.2921, it has made a high of 1.2918 and fallen down to our suggested support level at 1.2890. Now we will be...
Both EURUSD and AUD analysis from my last post went exactly as predicted.
EURUSD fell +250 Pips from 1.2900 as per my last post. AUD on the other hand reached missed out second target by 5 pips at +150 Pips.
Both these charts were posted in real-time before the move happened.
Looking...
Ok...so lets get started. Below are two charts...first one is EURUSD and second AUDUSD.
EURUSD made a drop yesterday after climbing slowly for some time now. What we are looking right now is for the price to touch the bullish trendline support. However before it does that we expect a...
We all have seen tons of indicator based systems come and go. Anyone who has been around in the forums long enough know this as a fact.
I can keep on going, nevertheless my goal here is to show you how you can trade without indicators and be successful which is the bottom-line of course...
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