EURJPY Short Side Trade.

EURJPY Short Side Trade.

EURJPY is trading on the downside for a long time. We may see a continuation of downtrend in EURJPY in falling wedge pattern, also it has created a double top pattern before making a big downside turn (as you can see in chart) the double top formation with a red down...
USDCHF In Consolidation Range.

USDCHF In Consolidation Range.

USDCHF is trading in the parallel channel for a very long time. It may consolidate for some more time in parallel channel pattern only. One can initiate the short trade on USDCHF with proper risk management system at the current level. If You Like Idea Do Follow Us...
AUDJPY At Resistance Level Of Wedge

AUDJPY At Resistance Level Of Wedge

AUDJPY is trading in expanding wedge pattern, we might see some downside from the current price level in AUDJPY towards the minor support and then if it breaks minor support on the downside, it may examine expanding wedge support level .One can initiate the trade at...
AUDUSD At Trend Reversal Point.

AUDUSD At Trend Reversal Point.

AUDUSD has taken very good support at the trend line , but after making 100% Fibonacci retracement , it came down and broke the trend line , again tested the 100% Fibonacci retracement level. But it failed to give a breakout. We consider it a double top formation,...
EURUSD Trading in Symmetrical Triangle.

EURUSD Trading in Symmetrical Triangle.

EURUSD is trading in a symmetrical triangle, indicating indecisiveness in the trend. If we consider the trendline concerning the symmetrical triangle, we might see a downtrend in EURUSD . If You Like Idea Do Follow/Comment/Like For More Update.Note – Trade with...