UnknownUnicorn8360477

UnknownUnicorn8360477

Completion of the "W" formation on the daily chart.

UnknownUnicorn8360477

Completion of the "W" formation on the daily.

UnknownUnicorn8360477

Completion of over extended "M". Closed above daily resistance turn support.

UnknownUnicorn8360477

Price test the 0.618 fib level that aligns with the daily resistance. This is a risker trade because JPY is weak.

UnknownUnicorn8360477

Price bounced off the 0.5 fib level and the selling momentum is decreasing. Price can be at the level, however, it can test the 0.618 level which aligns best with structure at the daily support.

UnknownUnicorn8360477

Potential movement to the downside on break of 4HR support.

UnknownUnicorn8360477

Completion of the M formation of the daily and potential continuation to the downside.

UnknownUnicorn8360477

EURUSD has tested the 0.612 fib level in line with the daily resistance. Price has the potential to continue downwards to make a lower low.

UnknownUnicorn8360477

GBPAUD has completed the M formation and tested the 0.786 fib retracement on the daily impulse. Another confluence is the break and retest of the 4hr trendline.

UnknownUnicorn8360477 Updated 

Weekly resistance evident on the weekly at 1.2100 and W formation on the daily. Possible short at the current level to test the neck line of the W.

UnknownUnicorn8360477

Currently in this trade. Possible test of the neckline of the M formation on the weekly chart.

UnknownUnicorn8360477

Potential long to the 0.382 fib retracement on the daily impulse. Depending on price action it has the potential to complete the “M” formation on the daily chart.

UnknownUnicorn8360477

Hi Everyone, This is my trading analysis for USDCHF . USDCHF formed an inverted head and shoulders on the daily chart . Potential longs will be confirmed only on candle closed above the neckline of the inverted head and shoulder. Buy will be placed around the 0.89200 level, stop loss will be placed below two minor support on the 4-hr timeframe marked in yellow...