NZDJPY Falling Pennant + Previous Trendline Buy Signal H4Price created a falling pennant after strong uptrend so it is good oportunity to buy if price will hit previous trendline and support area. Good Luck
H4
USDMXN HEAD & SHOULDERS ON H4USDMXN has developed a head & shoulders pattern on h4, waiting for sell after neckline breakout, target is channel bottom.
EURGBP POSSIBLE H&S ON H4EURGBP is looking like its forming a head and shoulders pattern, i am looking for sell if it breaks the neckline with 0.5 and 0618 as possible profit targets.
AUDCAD SHORT TERM ANALYSIS ON H4AUDCAD reached an important tl after a big rally that could be a potential reversal zone for some retrace.
AUDUSD H4 BAT, AB=CD AND 3 DRIVES PATTERN SETTING UP!Check this out!
We have the following setting up:
Bearish bat pattern
AB=CD pattern
3 Drives pattern all of them completing around the 88.6% Fibonacci retracement
Best of Trading!
GBPNZD FALLING WEDGE ON H4GBPNZD closed outside falling wedge right on a weekly support, this should start a correction for a few days or weeks.
EURUSD BEAR FLAG ON H4EURUSD is in a correction pattern and i am watching it closely for a selling opportunity if it breaks below the flag.Don t forget about NFP which can be the sell off trigger.
EURCHF POSSIBLE INVERSE H&S ON H4EURCHF looks like is developing an inverse H&S and this could be a good buy opportunity if price breaks above neckline.
USDCAD LONG TRADE IDEA ON H4I am looking for a buy on USDCAD if price closes above trendline with 1.3250 and 1.3450 as potential take profit areas.
EURAUD LONG TRADE IDEAEURAUD is in a falling wedge pattern and it looks like its getting rejected from 0.786 fibo so buying after wedge breakout seems like a good idea.
AUDUSD SYMMETRICAL TRIANGLE ON H4AUDUSD has developed a symmetrical triangle on H4 ahead of the NFP numbers.
EURUSD Possible long term channel, 1st EW, feedback is welcomeThis is my first EW analysis. First I copied the upper channel resistance line and simply checked to see if I could find a near symmetrical lower support correlation. Coincidentally (C) has a near symmetrical match near where we are now. The lower support level of the channel ends at a measured move location: namely the (E)-(1) leg.
This move would mean that the resistance which is met at (4) will most likely be exactly 1.13500 which means that price will overshoot at around August before returning into the channel. That is when things will get interesting for the bears. Riding the price down to 1.0800.
AUDUSD H4 Head & ShouldersWill not know true target until later according to Bulkowski calculations, at least 160 pips below neckline/trendline break.
Stoch. in overbought territory.
I set tentative target at conservative 0.7300
SL 0.7552
GL
EURCHF H4 Weak Potential Bullish Set-up with Ascending WedgeEURCHF Ascending Broadening Wedge, Fanning of Moving Averages
Ascending Broading Wedge is low on probabilities of bullish reversal, but it does happen and has historically with this pair.
However, the price action typically moves down further as a false sell off before a reversal.
Bulkowski
The confluence of the fanning of the moving averages is also historical and a good indicator of a potential trend reversal.
The RSI is not totally clear.
MACD is rolling downward.
D1 is due for a retracement and already attempting, but daily pinbar shows heavy bearish.
Fundamentals might get in the way! (Brexit)
Be patient with this one. Look for a 4h candle close above the 50ma. Even then ...
AUDNZD BULKOWSKI FLAG CALC to 0.91? H4 D1Bulkowski's Calculations for Flag Pattern
294 x 0.46 = 135.24
1.0532 - 135 = 0.9182
AUDNZD Descending (Right) TriangleAUDNZD
Downward Channel
Bulkowski Descending Triangle (2nd touch is only pinbars). Watch for formation changes after the weekend!
100 pip potential.
Sell Signal: pullback and solidification after clear break of bottom trend line.
Watch carefully, RSI 4H,D1 & WK suggest trend change.
Watch carefully, volatility due to Brexit rumors (or insufficient volume).
Brexit Poll this weekend. Brexit vote this week.
Trade a clear setup or not at all!
GBPJPY Triangle Formation at Base of Retracement.
Sunday Lookout for Potential Trade Setup
gbpjpy H4
Bullish triangle. Likely a breakout.
Needs to break the 20ma and resistance at 149.74 before entering.
Resistance 151.70 (50ma)
Resistance 153.05 (0.382 fib)
Resistance 154.919 (0.5 fib AND 100ma)
Resistance 156.314 200ma and 0.618 fib right above
MANAGE CLOSELY FOR REACTION TO BREXIT FEARS. Brexit polls this weekend !
UKOIL SHORT TERM ANALYSISMy view on UKOIL , if price go below the channel i will look for short , until then i am on the bulls side.
