Hey traders,
here is a brief technical outlook of 4 peculiar instruments on my watch list.
1๏ธโฃ EURUSD - 3 days time frame ๐ช๐บ๐บ๐ธ
The pair is trading in long-term bearish trend.
Lower highs and lower lows are perfectly respecting the boundaries of a major falling parallel channel.
The price is closer and closer to its resistance.
I believe that a strong bearish wave will initiate soon.
2๏ธโฃ USDCAD - Daily time frame ๐บ๐ธ๐จ๐ฆ
The market successfully broke and closed below a neckline of a double top pattern.
Retesting that, we see a positive bearish reaction.
I think that the pair will drop soon.
Wait for a confirmation to sell on lower time frames.
3๏ธโฃ AUDUSD - 12H time frame ๐ฆ๐บ๐บ๐ธ
I see signs of a bullish accumulation:
the pair formed an ascending triangle formation.
If the price breaks and closes above its resistance,
I believe that the market will bounce.
4๏ธโฃ Bitcoin - 3 days time frame โฟ
The market is approaching a major falling trend line.
If the price breaks and closes above that, the market will go much higher.
Being respected, however, BTC will drop.
If you are bearish, wait for a confirmation now to sell.
โค๏ธIf you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!โค๏ธ
โ
Join My Telegram Channel: t.me/VasilyTrading
โ๏ธYouTube Channel www.youtube.com/c/VasilyTrader
๐ฐInstagram: www.instagram.com/VasilyTrader/ ๐ฐ
โ Facebook: www.facebook.com/VasilyTrading/ โ
โ๏ธYouTube Channel www.youtube.com/c/VasilyTrader
๐ฐInstagram: www.instagram.com/VasilyTrader/ ๐ฐ
โ Facebook: www.facebook.com/VasilyTrading/ โ