GBPNZD double top forming on 1H at 61.8 FIB (drawn from daily high -low) confluence. TP 1.39000
USDCAD double top forming on 1H and confluence with 78.6FIB drawn on 4H/ Daily High- low. TP at 1.26650.
GBPAUD H&S on 1H and confluence with 61.8 FIB drawn on 4H high - low. TP at 1.85500
Still active H&S on weekly + bearish flag. weekly. target TP : 1.4800
Break of H&S and entry into the 23.6FIB and confluence of bullish divergence on 4H.
Good FLAG formation before NZUSD continues on its path from the H&S pattern. Good opportunity to BUY again at the bottom of the flag.
Current EURCAD flag. Retest of the break of the flag pattern complete, waiting for a move to the downside before entry.
possible double top GBPAUD 4H and bearish divergence on RSI.
Hear and shoulders on the EURCAD 1H short term sell on the break of the neckline.
Developing double bottom and bullish divergence on 4H RSI. EURGBP is also at the bottom of its current channel.
BUY EURCAD - RSI bullish divergence on D and H4 to retest break of trendline on weekly timeframe.
Developing double bottom for EURAUD on 4H confluence with bullish divergence on the RSI. BUY at the break and confirmation candle close of the neckline.
Waiting for retest of breakout and confirmation bearish candle. Confluence with breakout below 78.6 FIB level. SL: 0.75580 and TP:0.66580
The formation of inverse H&S further supports the double bottom pattern forming on 4H for a short term long trade.
Possible Double Bottom developing on 4H for a short term long position.
Double top spotted on the 4H Timeframe with confluence of major resistance at 1.22385. Wait for confirmation break of the Fibonacci 23.6 level, possibly early short entries of a break on the 1H. Take profit at 1.20668 (38.2 Fib level) or more.
H & S on 4H, sell at break of neckline. target TP 1.20500. Stochastics in overbought conditions on weekly and daily.
Short at 1.16023 (wait for confirmation bearish candle to close below this level either on daily or 4Hour). Take profit at 1.08891. Not financial advice.