Interviews
EURCHF
Evidence of a descending channel as price is breaking out of a rectangle pattern is testament to trading confluence.
SUMMARY.
Further price action confirmation to signal whether to join a bear market .
Disclaimer: This analysis is for educational and general information only and not advice or a recommendation to trade or invest. Do your own research/analysis and don’t blindly enter trades based on the analysis.
GBPAUD
Weekly pin bar forming at the near term resistance level is a potential bearish sign especially when followed by a confirmation candle.
SUMMARY.
Following bearish price action confirmation on a lower timeframe you may expect a price waterfall
Disclaimer: This analysis is for educational and general information only and not advice or a recommendation to trade or invest. Do your own research/analysis and don’t blindly enter trades based on the analysis.
AUDJPY
An uptrend lasting the past 6 months has recently been punctuated by a rising triangle that has had a breakout on the upside that happened last week.
SUMMARY.
Confirmation of the breakout on lower time frames is ideal in joining the trend after the breakout.
Disclaimer: This analysis is for educational and general information only and not advice or a recommendation to trade or invest. Do your own research/analysis and don’t blindly enter trades based on the analysis.