Hey everyone. The pattern we were expecting to see on AUDUSD has changed and we no longer will consider it. So, we will watch for price to reach the top trendline and see how it reacts. MACD is showing divergence which signals reversals. Good luck and safe trading everyone.
There is an ascending wedge forming on the weekly chart of AUDCHF. I am expecting a reversal soon so keep your eyes out for a big move to the downside.
There is divergence on MACD and we have a pattern setup. Look for a sell at the top and see if we get a break at the bottom. Good luck to all
Here we have a very clear pattern setup. This will be a great opportunity to enter short on this pair. Good luck and safe trading.
Here on EURNZD we have a trade setup forming inside our corrective structure. This setup is only valid if price does not break out of the bigger corrective structure. Good luck to you all
EURJPY has just broken its pattern with an impulse to the downside. After a continuation pattern look to enter short. Good luck guys
As 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
Here I am looking for another leg up to continue the broadening ascending wedge on NZDJPY. Good luck and safe trading
Please consider the 1.60650 area for a buy setup on this pair.
Gold is currently channeling to the upside so when we see price touch the top of the channel look to take short positions.
AUDNZD 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 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
EURAUD has just formed an impulse down. Price should be forming a correction back up to the trendline. When price reaches there and we see clear sign of reversal I will look to take short positions. Good luck and safe trading.
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
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.
Look for a short soon on the EURUSD. Good luck to all
Wait for the down move to form in order to initiate long positions to the upside. Good luck everyone
Here is a simple idea on GBPUSD. Wait for price to reach the top of channel to sell the pair. Good luck and safe trading.