Good day. As EURJPY retest's demand level,one may anticipate a 15min sell short off the regection with Stop loss just above recent highs (6 pips) Curent PRice pattern suggest sellers are becoming exhausted. Please fasciliate on lower timeframes for entrys.
Same structure on xxxcad could mean higher probability for the upside.
COT data showing Dealers Lond AUD futures...But news was poor...who do you trust?...
Hey traders. Displayed clearly is a descending Wedge with a risk/reward of 1:5 as Audcad rests just above weekly support at 0.96000. Corrective structure seems to be near completion pressing upwards nearing the Descending Resistence Trendline. There seems to be more conluence as the bullish flag becomes more clear, I will be anticipating this to be a scale...
Good day! Here we have gcad forming a descending wedge. I would be forcasting one more Lower low to test previous area of support ,a regection(box Zone) followed by bullish momentum.A break lower and retest would be a good zone to short should Sterling show weakness. BOC news could be the catalyst for this pair. Both targets displayed
Falling wedge combined with Weekly Trendline. Wolfe wave completion. Cup and handle on 4hr. Bullish structure appears to be creating a flagg for the handle...BA the breakout may occur Wednsday-thursday. Happy trading :) please monitor structure on lower timeframe and do not ignore 30 min pattern structure.
Spotted this a few weeks ago. Target also aligns with monthly Strucurial breakout. However, i am anticiapting a lower leg before more upside. Enjoy :)
Good Day Mates . Here i have spotted a Short Opp. EURCAD has Broken Weekly trendline with a succesful retest and regection. Anticipating a leg down to complete the pattern... There seems to be impulsive behavior on EUR crosses,one may look on smaller tf for pattern Recognition to spot entrys. :)