hello everyone their is a bearish butterfly on USDCAD daily chart going up to the D leg but it looks like its going into a OSR and on the push up to its NSH it should reach the D leg but we will have to see what happens
hello everyone EURJPY daily chart is coming up to the D leg TDI and ADX is showing bullish momentum and their is a major quarter and price has respected it but broke to the downside by a big candle.
if you would have taken the AB=CD pattern up the B to C leg stopped at 78.6 and the reciprocal of 78.6 is 127.2 so that's where i'm expecting price to reverse at and start to head down TDI my favorite indicator the rsi line is about to go bullish and pass the signal line First tp is 1:6 and the tp 2 is a 1:10
AUDJPY 4 Hour chart TDI is still below the signal line and ADX is showing bearish movement and its trending and it broke previous structure down it goes
AUDCAD 4 hour chart TDI is still under the signal line aka bearish momentum and ADX is showing more bearish momentum and theirs a major quarter right under the entry so that is my reversal point then you have the supply zone that has been respected if you look left (structure leaves clues)
EURUSD 4 hour chart on the TDI the Rsi line crossed over the signal line confirming bearish momentum and the dollar index their is a bullish bat on 4 hours confirming some more bearish momentum so we will just have wait and see if it plays out
