by Vivek | Jun 23, 2020 | Forex Trade Ideas, GBPUSD
GBPUSD has formed head & shoulder pattern at the top. It has achieved its first target, which was at support 1 and it bounces back from support 1 to retest the neckline. Now, it is also trading in descending channel pattern, as shown in the chart, we might see a...
by Vivek | Jun 23, 2020 | EURCAD, Forex Trade Ideas
EURCAD is trading in sideways, consolidating after giving major upside movement. We see a continuation of the consolidation trend for furthermore time. One can take the trade for long or short at support and resistance level with proper risk management and stop loss....
by Vivek | Jun 22, 2020 | Forex Trade Ideas, USDJPY
USDJPY is trading in channel pattern after the movement of the big downside. It has also formed a bearish Descending Triangle Pattern, within the channel pattern, as shown in the chart. Soon, we might see a breakout of a bearish pattern . One can initiate the trade on...
by Vivek | Jun 22, 2020 | EURUSD, Forex Trade Ideas
EURUSD has given a big upside movement, in channel pattern. From the resistance level of channel pattern, it has retraced toward the support level of channel pattern, by consolidating in a falling wedge pattern. As per chart pattern analysis, we might see upside...
by Vivek | Jun 22, 2020 | Forex Trade Ideas, USDCAD
USDCAD has well supported the resistance & support level of the Fibonacci Retracement level, as shown in the chart. At the current level, it is trading near the Fibonacci resistance level & also it is trading in channel pattern. According to chart pattern...
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