Confirmations: EMA/MA crossover on the 8H Ascending trend line break RSI divergence (8H) ABCD pattern completed
Price has slowly been falling for the past few weeks. It just broke it's intraday ascending trend line. I'm waiting for price to break it's demand zone for further confirmation.
The main trend is bearish however price formed a higher low at 95.76 indicating bullish influence is growing. Price is about to hit it's intraday ascending trend line for the 3rd time inside it's demand zone. While I think price is more likely to rise from here it is too soon to say.
Confirmations Bearish Bat formation completed. JPY is weakening Price is in a supply zone. RSI divergence.
Confirmations Price broke it's ascending trend line. Price retested against the broken ascending trend line. EMA crossover and retest. USD is gaining strength. Price escaped it's supply zone.
A potential Bullish Bat is forming. Price is currently retesting inside a supply zone after breaking it’s ascending trend line.
A Bearish Bat formation has been completed inside a supply zone.
A bearish bat formation has been completed and price was just rejected by a supply zone. With gold losing strength, I expect to see this pair drop within the next week or so.
With the yen losing strength a Bearish Gartley is about to complete on AJ inside a supply zone . I plan on entering a short position once price reaches the PRZ and take profit inside the demand zone directly below.
Confirmations: - Descending trendline break and retest. - Price is in a demand zone. - Bullish shark completed.
Both NZD and JPY are losing bullish momentum, slowing down into a bearish gartley formation. Price is currently in a supply zone, I'm waiting for the ascending trendline to break for further confirmation.
Price broke it's daily ascending trendline (bearish confirmation) and broke it's momentary ascending trendline (bearish confirmation). Price is currently retesting the trendline and staying within it's supply zone.