GBPCHF is longer term bearish and price is currently forming a reversal pattern. At the moment I am looking for another move to the upside to further complete this reversal pattern.
I am expecting for price to resume its uptrend after the current corrective pattern is broken to the upside.
I am watching for a short trade coming on GBPAUD. From the top it seems we have received a nice reaction to the top trendline of the pattern. Watch it closely.
Here price is forming a continuation pattern. If we see a strong break to the downside look for sell positions.
Keep selling until the we reach the bottom of the pattern.
Here is the bigger picture for EURCAD. Wait for another leg down in the descending channel and look for opportunities to go long.
Wait for price to push just a bit lower before considering to enter long.
Price has found itself at the bottom of the bigger pattern and I am expecting a breakup out of the falling wedge. Look to go long soon. Good luck
EURJPY is ready for buys. Look to get in after a continuation pattern if you aren't already in.
Watch the top for a very nice short trade coming up.
Wait for the continuation pattern to form then look for shorts.
Here we have a potential reversal zone for Palladium. We have a couple of indications: MACD and RSI at oversold conditions as well as noticeable divergence on both. Good luck everyone.
Price is ranging within our pattern. When we see a break get ready to sell.
I am anticipating a flat channel formation here on this pair. Watch price as it reaches the bottom to see what reaction it gives us.
Price has broken out of the descending channel so look to buy at the bottom of the continuation pattern to continue long with price.
Price is near the top of the ascending channel. Watch for short positions to join the big move down.
Price has reached the top trend line and has given us a good reaction. Wait for price to form a correction pattern before entering short.
Here on USDCAD price is currently rising. I am expecting a break up to continue the trend. Once price has reached the top of our bigger pattern I will look to take shorts.