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GBPUSD At Multiple Resistance Level (SELL)

GBPUSD At Multiple Resistance Level (SELL)

by | Apr 30, 2020 | Forex Trade Ideas, GBPUSD

GBPUSD is trading at 62% Fibonacci retracement level. It has previously tested the 62% level thrice but failed to give a breakout above 62% Fibonacci retracement level. Now it might reverse its trend on the downside channel pattern, as you can see in the chart. One...
AUDJPY At Support Level Of Channel

AUDJPY At Support Level Of Channel

by | Apr 29, 2020 | AUDJPY, Forex Trade Ideas

AUDJPY is consistently rising in the upward trend, we see this trend to continue for some more time, now AUDJPY is trading in channel pattern, the current price level is at the support level of channel pattern we might see a rise in price from current price level...
NZDUSD Trading In Channel Pattern

NZDUSD Trading In Channel Pattern

by | Apr 29, 2020 | Forex Trade Ideas, NZDUSD

NZDUSD is trading in channel pattern we might see, that it will trade in the same manner. One can take the trade on a buy or sell side at the support and resistance level of channel pattern, respectively. If You Like Idea Do Follow/Like/Comment For More Quick Update...
USDCHF Ascending Triangle Pattern.

USDCHF Ascending Triangle Pattern.

by | Apr 28, 2020 | Forex Trade Ideas, USDCHF

USDCHF is trading in an ascending triangle pattern, which is a bullish pattern . It has tested the resistance line of the ascending triangle the third time and reverse from that point. We might see, the price level will come down to the support line of the ascending...