In M15: if Price can break Resistance PRZ(orange area), can go until upper warning line(Dashed line) on 78.6% Fibo Extension like green Arrow. If not: goes down on Support area(horizontal dashed line & red line) on 23.6% Fibo Retracement or more.Now, there is two -Divergence in M5 & M15. Notice : Short until first Support on 23.6% Fibo RET is more Possible !!
in M15: If Price can break the Triangle to up & colored Area, can go up til End of yellow vertical line (second upper warning line(Dashed line)). If can not: go down til second lower warning line (Dashed line).Now, there is a little -Divergence on MACD, if completed, the break down is more possible.
Notice: It is a risky position.There is mediom impact News for GBP so, BE CAREFUL In M15: if Price can break important Resistance PRZ, it makes a -Divergence on MACD.It is good signal for short position until lower alarm line(Dashed line) or more until strong Support(red line) with very good Profit. Notice: There is mediom impact News for GBP so, BE CAREFUL.
In M15: if Price can break bottom of Fork to up(lower line of Fork), can go up til first line (green line) or maybe until Midel line of Fork, but if can not: we will have a -Divergence & back down until lower alarm line(lower Dashed line).
The first TP: before green Resistant line.
In M15: if Price break alarm line (Dashed line), can go up til upper alarm line. If can not & makes a -Divergence, goes back down til lower alarm line
If Price can break orange PRZ (upper line of Fork + Trigger line), can comeback to up until upper Alarm line, like green Arrow. I can not and break lower line of Fork, goes until lower Alarm line or more. Notice: The first scenario (LONG) is more possible!!!
Back down from Midel line until lower line of fork
Break the lower line of Fork & goes til Midel line.
In M15, the Cup & Handle pattern was complete.There is a +H Divergence now,so If price can break midel line of Fork, will go to upper line of Fork & after that: if break it too, will can go up til top of vertical line & maybe Resistance line(red line in 117.869). Notice: Pay attention to the dashed lines and be careful of them. When the position is suitable for...
If price can break the parallel Channel & the lower horizontal line of Pitchfork, it can touch the lower targets(Dashed lines). Notice: The first Dashed line is more possible. If can not break: we will have a +Divergence & Rise, like green Arrow.
We have 2 Target.On first TP, riskfree is good idea
This one is the followed the before Analyse
Hello my friends, If Price can break the Head and Shoulders Neck, we well have the strong Short signal. Have a nice day
USDCAD in Daily has DIVERGENCE RD+ in MACD & RSI,this is in the end of D Wave of Elliot Waves if it breaks the top of the chanell & PRZ of Resistance,will have a LONG signal
Harmonic pattern (Shark) & Touch Trend Line H4 imply to Rise