by Vivek | Apr 28, 2020 | Forex Trade Ideas, NZDJPY
NZDJPY is trading in a symmetrical triangle pattern , which indicates the uncertainty of trend. One can take a trade on a breakout from the symmetrical triangle pattern on either side for the long term. If You Like Idea Do Follow/Comment/Like For More Quick Updates As...
by Vivek | Apr 28, 2020 | AUDUSD, Forex Trade Ideas
AUDUSD is trading consistently on an uptrend and in channel pattern, as you can see in the chart. At the current level, it will face resistance which is minor resistance 1. We might see a minor pullback from the current level and then further upside in AUDUSD . If You...
by Vivek | Apr 27, 2020 | Forex Trade Ideas, USDCAD
USDCAD has given a good breakout from falling trendline from its top. Now it is trading in channel pattern, as you can see in the chart. Within the channel pattern, it is forming head and shoulder pattern, which is a trend reversal pattern, so we might think it will...
by Vivek | Apr 27, 2020 | Forex Trade Ideas, USDJPY
USDJPY is trading in the Descending Triangle pattern. If it breaks out from the descending triangle pattern, we might see further downside on USDJPY towards support line 1. One can initiate the trade on USDJPY on the breakout of the Descending Triangle pattern only....
by Vivek | Apr 27, 2020 | EURUSD, Forex Trade Ideas
EURUSD is trading in a falling wedge pattern in a bigger trend, within the falling wedge , it is also trading in channel pattern. We might see more downside in EURUSD from the current level. As we can see, the falling wedge resistance line and parallel...