USDCAD Trade On Short Side.

USDCAD Trade On Short Side.

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...
USDJPY Bearish Pattern.

USDJPY Bearish Pattern.

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....
EURUSD On Down Slide Path.

EURUSD On Down Slide Path.

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...
GBPCAD Trading In Parallel Channel

GBPCAD Trading In Parallel Channel

GBPCAD is constantly trading in a parallel channel pattern for a very long time so, we might see trend continuation for more time. After the breakout from the parallel channel , we might see some downside in GBPCAD . If You Like Idea Do Follow/Like/Comment For More...