PreniFX
EURJPY: This pair shows no clear sign of a reversal therefore we can expect a continuation to the upside to target shown on chart.
Price action shows a clear indication that it's going to check weekly zone.
USDCAD is pushing up nicely. Going to hit daily zone.
USDCAD is very much bearish across all time frames. going to drop to trendline. Target shown on chart
price has just formed a double bottom. So are we going to see further upside on this pair? Can't say for sure, only PA will give us that info. & confirmation to swing trade. Once price reaches our daily res., price might range until we get another touch/test of TL before we see that extended leg to the upside. Overall I am bullish until price reaches my monthly zone.
USDCHF has room for more upside movement during the upcoming week...Target is shown on chart.
On the 2hr time frame we can see a possible inverse H&S pattern; right shoulder pending. This maybe the last 'drop' before the lift-off to my upside target. This is an updated version from my previous post, thought I'd share.
I am in favour of USDCAD being bullish to check weekly (highlighted) zone
Currently have a breakout candle out of 1hr descending trendline. Wait for closure of the 1hr candle + a pullback to the highlighted zone to enter long to the upper highlighted zone. ***Use proper risk management as with every trade executed on the markets.***
Price Respecting Monthly Zone very well.Potential Inverse H&S ; right shoulder pending.
Price currently @ weekly zone, came to test this zone again on daily TF. A very good opportunity available to short this pair down to highlighted region.
We currently see a nice bearish engulfing candle; most probably going to close as an engulfing. Possible Inverse H&S can be seen clearly on monthly & weekly time frames.
Sell CADCHF; going to test 4hr structure as shown on chart