watch the wedge pattern for possibly a scalping position NOTE: wait for break out of the pattern and look for short term buy setups
AUDNZD is looking to complete a consolidation ahead of a further move to the downside but a we are anticipating a reaction on the 1.09200 to see the direction of the pair. NOTE: wait for the correction and buy setups
EURCAD presenting scalping opportunity, watch price to react from the 1.50500 zone at least. ending diagonal on the verge of completion. GOOD LUCK!! NOTE: Wait for flag that indicates a buying setup.
EURCAD within an ending diagonal and now presenting a scalping opportunity to at least the 1.50500 zone and wel watch price action from there. NOTE: wait for flag that confirms a buy setup
Pound dollar consolidating the impulse from last week. Pound has been strong after the Terressa May News event. This will be a strong short move to the upside. NOTE: wait for buy setups
EURCHF correcting the diagonal. NOTE: wait for a break out of the flag
The DXY looks strong at the moment and USDJPY is not going down impulsively therefore it might be consolidating for further upside. the current move look to be a "short" to atleast the 112.550 zone NOTE: wait for sell setups
EURUSD presenting an opportunity to scalp it to the 1.13730 zone before the completion of a flat correction NOTE: wait for flag and break before scalping
Expanding flat correction completed with pattern holding at 1.618. NOTE: wait for flag before selling the pair
EURGBP has broken trendline and we anticipate 0.87229 to be the first reactional zone for indicatio wether we go further downside or the pair still has to complete the consolidation. NOTE: wait for correction to complete to trade.
The structural resistance level of 0.72040 zone will provide direction of continuation or reversal. We are anticipating one more downside for the 0.72040 are or the trendline. NOTE: For shorts - wait for impulse in opposite direction and look for sell setup. : For continuation (LONG) look for correction and buy setups. MEANWHILE : OUR FIRST MOVE HAS HIT TP ;)
EURUSD has found a support at 1.13700 area and might be looking to complete a flat correction with one more up move. NOTE: Wait for a buy setup and break out of it to buy the move.
A expanding flat looks to be possibly completed and has hit the 1.618 fib retracement. NOTE: watch for the break of the trend in an impulse and look for a sell setup.
AUZZIE looking to complete the correction for a possible one more move to the downside. Current trade is a buy setting up to atleast the 0.71700 area to the 0.71900 area. NOTE:
NZDUSD looks to be forming a three wave correction for further downside. look for reversals at levels 0.66500 and 0.67200 NOTE: wait for an impulse to the opposite direction and look for sell setups.
GBPAUD has made a larger correction for a further upmove as per the initial bias. look for reversals at levels 1.74500 NOTE: Wait for an impulsive move to the opposite direction and look for buy setups.
EURUSD is forming a flag in what looks to be a head and shoulder formation. NOTE: wait for a break of the flag and ultimately the break of the neckline.
USDCAD looks like it is not ready for an up move, therefore looking for one more downside before finishing off cycle on the daily timeframe. NOTE: wait for break of the flag to take a trade.