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EURCAD Consolidation Trend.

EURCAD Consolidation Trend.

by | Jun 23, 2020 | EURCAD, Forex Trade Ideas

EURCAD is trading in sideways, consolidating after giving major upside movement. We see a continuation of the consolidation trend for furthermore time. One can take the trade for long or short at support and resistance level with proper risk management and stop loss....
USDJPY Bearish Pattern Formation.

USDJPY Bearish Pattern Formation.

by | Jun 22, 2020 | Forex Trade Ideas, USDJPY

USDJPY is trading in channel pattern after the movement of the big downside. It has also formed a bearish Descending Triangle Pattern, within the channel pattern, as shown in the chart. Soon, we might see a breakout of a bearish pattern . One can initiate the trade on...
EURUSD At Support Level.

EURUSD At Support Level.

by | Jun 22, 2020 | EURUSD, Forex Trade Ideas

EURUSD has given a big upside movement, in channel pattern. From the resistance level of channel pattern, it has retraced toward the support level of channel pattern, by consolidating in a falling wedge pattern. As per chart pattern analysis, we might see upside...
EURUSD Channel Pattern Trade For Short

EURUSD Channel Pattern Trade For Short

by | Jun 15, 2020 | EURUSD, Forex Trade Ideas

EURUSD has made a double top. Now it is trading in the Descending Channel Pattern. According to Chart pattern analysis, we might see trend continuation on the downside in channel pattern. One can initiate the short side trade, with proper risk management and stop loss...