AUDUSD has been respecting this strong monthly trendline for about 16 years and it is currently being tested again. What appears to be a strong bearish move on the weekly and daily is simply a retracement on the monthly chart.
USDCAD potential bullish cypher pattern on the 1 hour chart that coinsides with a nice trendline. I will be going long at the completion of the cypher. However should that same 1 hour candle close below the ascending trendline I will be selling USDCAD.
USDCAD bullish gartley on 1 hour chart. I will be buying at 1.3341
EURUSD has finally broke out of its consolidation to the downside because it has closed below 1.0500. I will be selling on a retest of 1.0500. A more conservative approach would be to sell at a possible cypher pattern at 1.0760
NZDUSD harmonic move completion at 0.7240. This is also a a 61.8 fib level of a bigger anchor leg. 0.7240 is also a very strong resistance level as you can see on the 4 hour and daily chart. I will be selling at this level
USDCAD is tested very strong daily support. On the weekly chart, last weeks candle has formed an evening star pattern and engulfed 3 previous candles. I will be shorting this pair on a close below 1.3277 on the daily chart and target 1.31 even level
NZDUSD 1 hour cypher pattern is forming as indicated by the green cypher. This same spot is the C-leg of a potential Gartley pattern as shown by the red gartley, and is also previous resistance. I will be selling here at 0.7141. 0.7015 is also the D-leg of a potential Gartley as shown by the red, and is also the same D-completion leg of a potential Cypher...
USDCAD bullish bat on 4 hour. D-leg coincides with 1.33 even level plus trendline and very strong support. I will be buying at this level.
AUDCHF cypher pattern on the 4 hour chart. D-leg confluence with very strong daily trendline and 1.272 extention of a possible ABCD pattern. Very strong support level and I will be buying at 0.7335
I will b taking a long position at 1.0742. 1.272 extension of AB coinsides with 0.786 retracement of XA and also coinsides with strong daily support
EURUSD 4h head and shoulders pattern. I will be selling on the break of the neckline
potential USDCAD butterfly pattern. 1.272 extension of X-A lines up perfectly with extension of A-B plus with daily resistance. I will be shorting USDCAD at this level
USDCAD possible gartlry setup on daily chart. I will be getting long at 1.2622
EURUSD is starting to resume its uptrend from 1.0950 and it is forming an elliot wave as it is going up. If price comes down to form wave 4, you can buy at the 38.2 retracement of wave 2-3 which also acts as support by wave 1. Then if price continues to go higher, you can look to short at wave 5 (1.1462 level) which is also the D leg of a cypher pattern, and it...
NZDUSD has been trading in a channel for a couple months now and it is starting to look top heavy. It has failed to make any higher highs and is stalling at 0.7290 resistance and has also formed a wedge pattern on the 4 hour chart. It is very likely that if price breaks support at 0.7218 that price will continue to drop further into next structure support at...
AUDUSD has tested last weeks high and the 100 EMA and failed. It has also closed below a major weekly resistance trendline and created a tweezer top candlestick pattern. You can short AUDUSD with stops above the high of the candle and take profit at the next major support level at 0.7350
AUDUSD closed above a major weekly trendline last week which is something it hasnt done in over a year. Although it did close in a pinbar, if price can close above the high of the candle then price will continue to go higher into our sell zone at the 0.8500 even level which also coincides with the D leg of an ABCD pattern and the D leg of a butterfly pattern.