Broadening Pattern on NZDCAD, Sell at TopAs of right now price is still moving upwards. There will soon be a test of two important trendlines. Lets watch and see what price does when it reaches that area. Good luck to all of you
Corrections
Amazing Setup on NZDJPYHere I am looking for another leg up to continue the broadening ascending wedge on NZDJPY. Good luck and safe trading
Shorting AUDNZD SoonAUDNZD has risen to the top of our pattern trendline and is almost ready for a sell. Watch for the break of the ascending channel to take positions
AUDCHF Sell AUDCHF is reacting nicely to the top trendline on the chart. If price continues with an impulse down wait for a correction to enter short on this pair. RSI is extremely overbought as well so this is another indicaiton that price will fall. This should be a nice short setup. Good luck and safe trading
ACAD 3-3-5 FLAT CORRECTION Okay... things look like they were about to go turbo with my original plan so I need to open my eyes more to really see what was happening...
It is just as described... Option one may not work out... So I now provide option 2.
Time will tell.... but my position will survive both options regardless. . .
EURCAD Two Possibilities EURCAD has two possible ways price can go. It can form a flat channel (left side) or continue down to the 1.38900 level (right side). My bias is that price will follow the left chart but the right chart is a possibility. Keep your eyes on this pair. Good luck and safe trading
AUDUSD In Depth Analysis Soon we will see this pair reverse and form an impulse to the downside. I have included an Elliott Wave count as long as a fib and pattern trendline to indicate an area that's best suited for a sell. Good luck and safe trading.
Short Setup On GBPUSDHere is a simple idea on GBPUSD. Wait for price to reach the top of channel to sell the pair. Good luck and safe trading.
Short NZDCADHere on NZDCAD we have an impulse forming to the downside which indicates that we have a reverse in trend. Go short after the breakout of the current trend continuation pattern.
Great Opportunity To Short NZDUSDCurrently I am waiting for price to reach the upper trendline. When price reaches there watch for a clear sign of reversal. Expect an impulse. Catch the wave and ride it. Cheers and good luck fellow traders
Gold SellGold broke the ascending channel it was in not too long ago. At the current moment it looks like there is a flag forming so watch for a breakout to the downside. Good luck and safe trading.
Silver ShortsSilver is currently holding its descending channel. At the current moment price is stuck in a corrective structure so we will watch for an impulse to the downside.
AUDCAD to Form CorrectionAUDCAD has had an impulse to the upside, so what I am looking for here is a corrective structure to form. If the top trendline is broken then this idea is invalidated. Good luck fellow traders
Shorting USDJPY at the Top of ChannelHello Ladies and Gents.. USDJPY is currently in a descending channel, simply look for a sell signal at the top descending channel trendline and the top of our current pattern trendline. Good luck and safe trading
EURJPY ShortPrice is most likely going to correct to the top of our channel, once it does I will look for price to show a clear sign of reversal before placing a trade.
AUDUSD Long Idea Using MACDThis a simple way of using MACD to predict impulses. These small blips (spheres) serve as buy signals. The blips form when corrections appear after impulses. So on our indicator window watch for a small blip into the red histogram and buy around the trendline. Good luck.
SHORT AUDCHFHey fellow traders. Here on AUDCHF we have an almost complete 5 waves up. You should wait for the completion of our 5 wave structure before taking any shorts to the downside. I anticipate two targets. Good luck to all.
Buy The Low and Hold ItHere is the bigger picture for AUDCAD as well as a smaller time frame view. I will watch for a buy setup at the bottom when price hits the trendline and hopefully we will see wave five to the upside.
Bulls in Play for AUDNZDHere I have compiled a wide view of the next move for AUDNZD. The descending wedge has been broken and we should see an impulse to the upside. Be aware that a flat channel is in action on the 1 hour timeframe. Look for the breakout for a profitable trade to the upside.
Gold ChannelingHey Traders, today on Gold we have an ascending channel. From the looks of it there is a corrective structure which should reach the bottom of the channel. If price reaches the bottom I will look to buy. With the help of MACD price is very predictive. There are big bullish formations on the MACD and very small corrections, so just as my notes in the chart say, we will look for the small corrective formation and go long on the next move up. Good luck and cheers everyone.
