Flag formation, wait for close above upper flag line
Flag formation with possible formation of head and shoulders, cab wait for shoulder to form but sure confirmation would be candle close above upper flag line on the H4 since the flag was drawn on H4
Resistance becomes support since its broken?? Either that or it come down to retest the trendline and continue upwards!
Bearish triangle Multiple rejections on resistance line Bigger picture (D1) is a long since there is a Head and Shoulders, if there is a close above resistance line on H1 then long position be activated
Bearish Triangle Multiple Rejections on resistance line Bigger Picture is a inversed head and shoulders on the daily, so if H1 closes above neckline then position will be long
it hit the TP as I was drawing up the idea :D Multiple rejections on resistance line H+S present Flag present H4 Double top present D1 downtrend present
With global financial crisis around the corner, CHF (safe haven currency) strengthens. However AUD is looking to pull back before continuing decline. Looking at the AUDUSD H4 chart (not AUDCHF D1), AUD is also pulling back on a inverse head and shoulders this should create temporary strength across AUD pairs
Open 2 orders, Both Long & Short 12:41 14/09/2018 At time of publishing GBP showing strength in other pairs too. So long position most likely to be activated