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USDCAD Trading in Descending Triangle Pattern

USDCAD Trading in Descending Triangle Pattern

by | Mar 20, 2020 | Forex Trade Ideas, USDCAD

USDCAD is trading at top and it is forming a descending triangle pattern which is sign for trend reversal if it breaks from the descending triangle pattern we may see further down side in USDCAD but as up trend was strong in USDCAD it may consolidate in channel for...
GBPAUD For Short Side Trade.

GBPAUD For Short Side Trade.

by | Mar 19, 2020 | Forex Trade Ideas, GBPAUD

GBPAUD Form a Symmetricle triangle top we might see some correction in GBPAUD towards mid of channel if that breaks we may see further downside toward meeting point of rising wedge resistance and channel line Support. as long term trend is on upside this trade is for...
EURCAD Trading In Rising Channel .

EURCAD Trading In Rising Channel .

by | Mar 19, 2020 | EURCAD, Forex Trade Ideas

EURCAD is trending in up trend also it has broken from channel 1 and againg trading in channel pattern . currently it is trading in rising channel as we might see continuation of pattern but if it break downside form channel2 we might see further downside in towards...
AUDJPY At Breaking Point

AUDJPY At Breaking Point

by | Mar 18, 2020 | AUDJPY, Forex Trade Ideas

AUDJPY is trading at channel line support and also it is trading in falling wedge as shown in chart image. if AUDJPY takes support at current level we might see some bounce back in AUDJPY towards channel Resistance line as target . but if it falls below channel...