AUDCHF: Strong Bullish Chart Pattern 🇦🇺🇨🇭
AUDCHF formed an inverted head & shoulders pattern on a 4h time frame
after a test of a key intraday/daily horizontal support.
After a deep retest of a broken neckline, we finally see a positive bullish reaction.
I think that the market will rise and reach 0.56 level soon.
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Priceactionsignals
Master Price Action Trading With Expedia Group StockExpedia Group NASDAQ:EXPE stock is dropping as expected. This decline highlights the importance of understanding supply and demand imbalances, particularly on larger timeframes like the monthly chart, which many traders often overlook. Ignoring these imbalances can lead to costly mistakes, as evidenced by the current bearish price action in $EXPE.
The strong imbalance at $195 per share is helping the stock price to drop as expected. We can see bearish price action being formed with room to drop much lower. There is room to reach the latest bullish impulse in the monthly timeframe.
AUDJPY: Bullish Continuation Confirmed 🇦🇺🇯🇵
On a today's live stream, we spotted a confirmed bullish reversal on AUDJPY.
The price formed a huge inverted head & shoulders pattern on a 4H
and violated its neckline during the London session today.
A bullish movement is now expected at least to 94.0
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EURJPY: Bullish Move From Support 🇪🇺🇯🇵
EURJPY looks bullish after a completion
of a consolidation on a key daily/intraday support.
A formation of a bullish imbalance candle provides a strong bullish confirmation.
I think that the price will go up and hit at least 160.33 level.
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AUDJPY: Trend Following Pattern 🇦🇺🇯🇵
I see a nice bearish flag on AUDJPY on a 4H time frame.
Bearish breakout of its support is a strong trend-following signal.
The pair is going to reach 92.0 level soon.
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GBPCHF: Strong Bearish Pattern🇬🇧🇨🇭
There is a high probability that GBPCHF will drop soon.
A formation of a head & shoulders pattern after a test of a key resistance
and a consequent breakout of its neckline provide a strong bearish signal.
Goal - 1.131
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CHFJPY: Pullback From Support 🇨🇭🇯🇵
CHFJPY looks bullish after a test of a key horizontal support.
As a confirmation, I identified a double bottom pattern
on an hourly.
Its neckline was violated with the market opening today.
I believe that the pair will continue rising at least to 167.0 level.
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USDCAD: Bullish Trend Continues 🇺🇸🇨🇦
USDCAD looks bullish after a breakout of a resistance line
of a bullish flag pattern on a daily.
Retesting that the price formed a double bottom on an hourly.
Nice the price will most likely increase more.
Goals: 1.4485 / 1.4490
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GBPAUD: Consolidation Trading 🇬🇧🇦🇺
GBPAUD is consolidating.
The price is stuck with a horizontal parallel channel on an hourly time frame.
We see a strong bullish reaction to its support.
The pair formed a cup & handle pattern.
With a high probability, the market will keep rising and reach the resistance of the range.
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CADJPY: Bearish Continuation Confirmed 🇨🇦🇯🇵
It looks like CADJPY is returning to a bearish trend.
The price completed a consolidation within a bearish flag
and violated its support with a high momentum bearish candle yesterday.
With a high probability, the pair will continue falling soon.
Next support - 107.15
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EURAUD: Bullish Outlook Explained 🇪🇺 🇦🇺
EURAUD looks bullish after a false breakout of a significant
intraday/daily demand zone.
As a confirmation, I see a bullish imbalance and a violation
of an intraday horizontal resistance on an hourly time frame.
I expect a movement up at least to 1.6596
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CADCHF: Bullish Move From Key Level 🇨🇦🇨🇭
CADCHF formed a nice trend-following bullish setup.
After a test of a key level, the price bounced and violated
a resistance line of a bullish flag pattern.
We can expect a bullish continuation at least to 0.6372 level now.
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GBPJPY: Early Morning Day Trade 🇬🇧🇯🇵
GBPJPY looks bearish after a test of a key daily horizontal resistance.
The price formed a tiny double top pattern on that on an hourly,
giving us a strong intraday selling signal.
We can anticipate a bearish continuation at least to 192.076 now.
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GBPCAD: One More Bearish Confirmation?! 🇬🇧🇨🇦
GBPCAD forms one more bearish pattern on a 4H time frame
after a retest of a recently broken neckline of a head & shoulders pattern on a daily.
Chances are high that the price will go down and reach at least 1.7876 level.
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CHFJPY: Intraday Bearish Move Confirmed 🇨🇭🇯🇵
I think that CHFJPY may retrace from a key daily horizontal resistance.
I spotted a formation of a symmetrical triangle pattern on an hourly time
frame after its test.
The breakout of its support line indicates a local strength of the sellers.
We can expect an intraday bearish movement at least to 171.82 level.
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