EURNZD - Testing patter line with the bearish engulfing bar at DAY time frame. we may experiencing the continuation of bearish market
AUDUSD - Testing the support of previous swing low (resistance now) with bearish engulfing bar.
EURCHF - CUP WITH HANDLE PATTERN MODE. we can consider this pattern is valid once bullish candle proves its strength at the day time frame
EURCHF - valid pattern cup with handle. we may experience the bullish move for whole this week
GBPJPY - has a form of bearish trend channel. for short-term, go for SHORT
GBPCAD - has a sign of strong bullish movement for coming weeks. be ready for that
USDCAD - has a continuation candle pattern at the testing area of pattern line as support along with retracement until 50% fib.
GBPAUD - has a bearish engulfing bar with pattern line at the monthly TF. if you are a position or swing trader, you can setting your TP up on the retracement at the 40% to 50%.
EURCAD has been forming chart pattern. now price has bullish move towards pattern line at the resistance line of next side. so next week we may have an experience of bullish move
EURAUD - 4hrs strongly shows bullish movement. however for long entry, TP will be 40% retracement.
The bearish market movement will continue if the cup with handle pattern is not valid. follow-up closely.
We are looking for a pullback at retracement area b/w 30% and 50%. it may also have chance to continue the bearish movement. so let's wait for the pullback or make a short term 'SHORT' entry.
AUDJPY exposes with the diamond pattern which is considered less probability pattern in the forex world. anyway let's try and follow-up patiently
NZDCAD - after retracement at 50% of whole previous bearish (swing low) now pullback. wait for strong bearish engulfing bar at 1 hr time frame. if you got it, you can go for SHORT.
yesterday we had strong bearish elephant bar at 4 hr time frame now that leads to bearish movement.
CADCHF - has cup with handle pattern. bullish move
Strong bearish elephant bar which confirmed double top at 4 hour time frame. we may look for 30% to 40% retracement.
At the current situation, ma20 quite far from ma 200 it makes sure there will be a retracement. let's make it 35% retracement. along with the formation of cup with handle. it offers multiple trading opportunities. for short-term we can make a short entry but for long - term we can make long entry.