rkarara

rkarara

- AUDCAD IN A OVERALL SYMETRICAL TRIANGLE - SHORT TERM RISING WEDGE HAS BEEN FORMED - THIS IS A CONTINUATION PATTERN SO AS PRICE REACHES THE D AREA I WILL LOOK TO SELL AGAIN - BUYING ON THE BOTTOM TL UP TO THE BIGGER SYMETRICAL TRIANGLE - ENTRY IS A BREAK AND RETEST OF A BROKEN RESISTANCE LEVEL WHICH IS NOW SUPPORT

rkarara

- AS PRICE DID NOT PUSH UP AS EXPECTED AFTER THE BREAK OF THE FALLING WEDGE - PRICE HAS MADE A RISING WEDGE AND NOW PRICE HAS BROKEN THE RISING WEDGE - PRICE ALSO RESPECTING RESISTANCE ZONE ABOVE - LOOKING TO FOLLOW TREND (DOWN) AFTER THIS CONTINUATION PATTERN - NICE 4H BEARIHS REJECTION CANDLE, WANTING A 50% RETRACEMENT FOR ENTRY OF THE PREVIOUS 4H BEARISH...

rkarara

- PRICE BROKE OUT OF A DECENDING TRIANGLE - 1 HOUR CANDLE BROKE OUT - WILL SEE HOW 4 HOUR AND DAILY CANDLES CLOSE - IF 4H AND D CANDLES CLOSE STRONG AND BREAK THE DOWN TRENDLINE, I WILL LOOK FOR LONGS AFTER A RETEST OF BROKEN TL

rkarara

- PRICE BROKE OUT OF A FALLING WEDGE WITH A STRONG BULLISH CANDLE - RETEST PINNED AWAY WITH A LONG PINBAR - PRICE RESPECTING ZONE WHICH HAS BEEN TESTED AS SUPPORT

rkarara

- CONTINATION TOWARDS THE UPSIDE - BROKE ABOVE A ZONE WITH NICE BULLISH CANDLE - PRICE MAKING HIGHER HIGHS AND HIGHER LOWS

rkarara

POSSIBLE SHORT FOR UPCOMING WEEK - PRICE IS IN A RISING WEDGE WHICH WAS SPOTTED ON THE DAILY CHART (HAS BEEN BROKEN ALSO) - 4 HOUR CHART HAD ANOTHER RISING WEDGE WHICH HAS BEEN BROKEN THROUGH - 1 HOUR CHART HAS SEEN A SYMETRICAL TRIANGLE WHICH BROKE OUT TO THE DOWN SIDE, ALSO BROKE THE DAILY WEDGE - ENTRY WOULD BE A BREAK AND RETEST OF THE SYMETRICAL TRIANGLE

rkarara

- BREAK OF 1.10292 LEVEL - TREND CONTINUATION TRADE - NO RETEST THE FIRST TIME IT BROKE THROUGH - RETESTING ON THE SECOND TIME

rkarara

- 4 HOUR ENGULFING CANDLE - ENGULFED PREVIOUS 2 4 HOUR CANDLES (8 HOURS ALTOGETHER) - PRICE FAKED OUT TO PUSH HIGHER - PUSH DOWN TO E

rkarara

- PRICE BROKE OUT OF A DESCENDING TRIANGLE - WE HAVE HAD THE RETEST OF BROKEN TRIANGLE - PRICE SHOULD SELL OFF - PRICE PULLED BACK TO THE 38.2% FIB LEVEL - E MOVE PUSHED AND BROKE THE TRIANGLE

rkarara

- PRICE CURRENTLY AT A RESPECTED LEVEL OF 0.99077 - RSI IS OVERBOUGHT - LOVELY BEARISH REJECTION CANDLE ON 4 HOUR TIMEFRAME - SELL DOWN TO E

rkarara

INTERESTING SET UP FOR UPCOMING WEEK - PRICE CURRENTLY AT A NICE ROUND NUMBER 1.93700 - PRICE BROKE THROUGH BEFORE, RETESTED AND THEN SOLD OFF - CURRENTLY AT A SECOND RETEST - SYMETRICAL TRIANGLE FORMED ON THIS LEVEL A,B,C,D,E PATTERN - HAD A CONSOLIDATION PHASE JUST BEFORE THE TRIANGLE, SHOWING SIGNS OF WEAKNESS IN THE UPTREND - 3 WICKED REJECTION CANDLES ON DAILY CHART

rkarara

- PRICE REJECTING OFF A KEY LEVEL (1.06610) - PREVIOUSLY BEEN REJECTED - THIRD TEST OF THIS LEVEL - ASCENDING CHANNEL TOPPED OUT ON LEVEL 1.06610) - NICE REJECTION CANDLE PRINTED - CANDLESTICKS GRADUALLY GOT SMALLER AS PRICE REACHED 1.06610 LEVEL

rkarara

DOUBLE COMBO TRIANGLE WAVE - Y MOVE TO BE MADE - ZONE SUPPORTING SELL POINT

rkarara

TRIANGLES - MOVE E TO COME - DOUBLE BOTTOM PRINTED ON UPWARD TRENDLINE - STRONG BULLISH CANDLES

rkarara

WAVES - DOUBLE COMBO IN THE TRIANGLE PATTERN - PRICE FINALLY BROKE OUT AND NOW HAD RETESTED THE BROKEN TRIANGLE PATTERN - NEW WAVE UP? - WAVE 1 HAS BEEN MADE, WAVE 2 HAS PULLED BACK TO 61.8% FIB LEVEL, WAVE 3 INCOMING?

rkarara

ELLIOT WAVE PLAY - EXTENDED WAVE PLAY DOWN TOWARDS LEVEL 1.10530 LEVEL THEN PRICE BROKE UP THROUGH THE DESCENDING CHANNEL - WAVE 1 HAS BEEN COMPLETED, CORRECTION 2 HAS BEEN COMPLETED, WAVE TO PLAY OUT - 61.8% FIB LEVEL SUPPORTING THE BOUNCE AND PUSH OFF

rkarara

- DAILY CHART, PRICE FAKED OUT, BIG BEARISH CANDLE CAME AND CLOSED BELOW 0.98100 LEVEL - 4 HOUR CHART, PRICE PULLED BACK TO 61.8% FIB LEVEL WITH 0.98100 LEVEL SUPPORTING, NICE REJECTION FROM THIS LEVEL ALSO - 1 HOUR CHART, DOUBLR TOP FORMED, LOWER HIGH ALSO FORMED, PRICE TO MAKE ANOTHER LEG DOWN TO 4 HOUR SUPPORT LEVEL 0.97000

rkarara

- 1 HOUR CHART, NICE REJECTION CANDLE FROM DAILY KEY LEVEL (129.400) - POSSILBE DOUBLE BOTTOM, WHICH HAS PRINTED ON A TRENDLINE - 4 HOUR CHART, CANDLE CLOWED ABOVE 129.400 LEVEL WITH REJECTION FROM 129.400 LEVEL