audusd is standing in the uptrendline creating a desceding channel ( reversal pattern ) waiting for it to break during unemployment rate .
watch this move during employment numbers ! nice bullish flag forming there
short term sell on audchf . price aproaching the resistance look for entry near the top or during CPI data .
waiting for this pair to touch the bottom again and bounce off .
we are near the low of the weekly trend line price action gives signs of weekness , look for long next week
I anticipate this move similar to the previous 2 moves on XAGUSD . You can adjust the risk to reward to your own preference , or you can wait for the breakout and sell it .I managed to enter from 17.86 and now the structure seems even better for a drop . If we have a strong move to the upside watch 18 dollar price and trade with safe ! Good luck
Just an educational pattern identification .I am looking for a bullish flag on 1H time frame to open a long trade on NFP news , if price continue to the upside i will think it twice before opening a trade or maybe a small one . the white upper and lower trend lines are from the daily time frame analysis we can see the price reverse on 1.093
we are looking for an upmove on aud also in AUDJPY , i will wait for the structure to complete and give us signs for an upside move and i will triger the long , be patient we have also employment news this week .
At this point we might have a brake out or we might see a longer correction and then a continuation to the upside , this is not a signal you need to find your entry at lower time frame and be carefull of the nzd news this week .
just an educational prediction . i want to come back and check how close i was or if i was totaly wrong . its bitcoin you never know
As the price was heading down to 0.91 previously support area we can see a small impolse move to the upside and a nice bullish flag making this area a strong support area . We have some fundamental news upcoming this week on 02/07/19 ( RBA statement and Cash Rate ) i would personaly wait the news to take my entry . Until the news i would watch the flag to continue...
We need a daily correction on USD/CAD as we can see we had nice support on previous levels and forming a nice doji (hammer) candle . Watch the entry before ISM manufacturing news of USD . risk to reward 2.5
We can see a strong Breakout from the ~15 dollar resistance area that previously acted as support . We can also see the shifted EMA's while the ( 110 EMA act as support ) . I believe that we might come down for a retest of that resistance area and make it support ( the correction might happen also because bitcoin needs a correction and might drag down NEO price )...