AUDUSD bearish breakout | 12th Jan 2022

On the H4, price broke out of the ascending trendline support, signifying a bearish momentum. We can expect the price to drop from pivot level in line with 61.8% Fibonacci retracement and 100% Fibonacci projection towards 1st Support in line with 61.8 % Fibonacci retracement and 76.8% Fibonacci projection ....

USDCHF bullish breakout | 12th Jan 2022

Price broke out of the descending trendline resistance, signifying an overall bullish momentum. We can expect price to bounce from pivot level in line with 100% Fibonacci projection and 50% Fibonacci retracement towards take profit level in line with 127.2% Fibonacci projection . Our bullish bias is further supported by...

USDCHF bullish breakout | 11th Jan 2022

On the H4 timeframe, price recently broke out of the descending trendline resistance, signifying an overall bullish momentum. We can expect price to bounce from the pivot level in line with 23.6% Fibonacci retracement towards the take profit level in line with 127.2% Fibonacci projection . Our bullish bias is...