by Vivek_Samale | Jul 2, 2020 | EURJPY, Forex Trade Ideas
EURJPY is trading in rising channel pattern. According to chart pattern analysis, we might see upside movement on EURJPY towards resistance, as shown in the chart. We might see price trading in channel pattern for some more time. One can initiate short term long side...
by Vivek_Samale | Jun 26, 2020 | Forex Trade Ideas, GBPJPY
GBPJPY is forming a Descending Triangle pattern, which is a bearish pattern . According to chart pattern analysis, we might see a downside in GBPJPY toward support level 1 and support level 2. One can initiate the short side trade at the current level with proper risk...
by Vivek_Samale | Jun 25, 2020 | Forex Trade Ideas, USDJPY
USDJPY is trading in channel pattern for the last couple of months. It is currently consolidating in small support and resistance trend lines within the channel pattern as shown in the chart. According to chart pattern analysis, we might see a downside in USDJPY . One...
by Vivek_Samale | Jun 24, 2020 | AUDUSD, Forex Trade Ideas
AUDUSD is trading in channel pattern is consistently upward trend. We might see a continuation of an uptrend for more time in channel pattern. Also, there are similar support and resistance lines within the channel pattern, as earlier. One can trade with consideration...
by Vivek_Samale | Jun 23, 2020 | Forex Trade Ideas, GBPUSD
GBPUSD has formed head & shoulder pattern at the top. It has achieved its first target, which was at support 1 and it bounces back from support 1 to retest the neckline. Now, it is also trading in descending channel pattern, as shown in the chart, we might see a...
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