EU has crossed over the 1hr 50MA now headed to the 4hr 50MA where we believe it will be rejected.
EU is at cross road reaching the 1.088 support. We are expecting a bounce and then a fall to the daily support line at 1.078. EU has reached 1.12 and tried to break that zone for weeks and won't be satisfied until it resets down to the daily support.
Possible EURUSD breakout descending wedge formed with the downtrend. Looking to long if the price breaks above the trend line.
DXY is on a head and shoulders pattern that looks like we are headed back to the neckline. This week we are looking for only dollar shorts
Dxy rising wedge pattern is squeezing smaller each day. We are expecting it to break out to the downside withing a few days to short the dollar. This is a great time to look at PA on some major pairs.
It appears AU has found a level of support I'm looking for price to fill the W patten. Stoploss will be set below H1 trendline.
USDJPY has a rising wedge pattern which is a bearish pattern. UJ is setup for a deep sell it's trading tighter and tighter.
GU appears to be bouncing off the downtrend line looking for upside potential. Gu is holding is ground above the previous trend line this is the 3 target prices we are looking at.
Oil price has formed a ascending broadening wedge the bottom is possible in. This might be a decent swing with a tight stop loss below the trendline.
Falling wedge forming on Eur usd following the pattern it looks like a possible move to the upside. If price breaks downward through the wedge it will be a continuation of bearish movement for Eur.
GJ showing very bearish signs on h4 time frame making higher lows and finally breaking the H4 support zone.
EUR USD has hit the same level of support for a few days now at the 1.06200 range we are looking for it to make a move to the upside at this point. This visual pattern shows that buyers (bulls) are taking control of the price action. We will see how this plays out
Double bottom forming on Eur usd if we break the 1st target we can look to the second target for a nice long.
Waiting for price to hit the daily support line to go long on GU
Looking to short ucad when it hits the 50 line on H1 Time frame. Following the trend down
Using the 5 and 50 Moving average price just hit the daily 50 line and jumped off support. If we get a 5 and 50 cross on H1 we might have a good long for GA.