shiftpark

shiftpark

1.51400-1.51500 is a good place to enter a sell for the following reasons: - 61.8 retracement for the whole 2019 move down - exact replica of the late 2018 retracement - prior highs Target: 1.40500

shiftpark Updated 

Using the last strong retracement from August 2018 as a fractal, we could see EURUSD going up to 1.12800 and touching the top of the channel. Will enter a buy trade after retracement to 1.10.

shiftpark Updated 

AUDCAD has been falling inside of a channel for the past 3 years. The lower side of the channel was touched again on Friday and might be the start of a bullish reversal. Using past patterns, the top of the channel might be reached by May

shiftpark Updated 

Price broke out of triangle consolidation and is still below the 1H 21 EMA and 4h 21 EMA which have been very good trend indications. We might find support at 1.111, but if not, 1.106 is a very good target as a 1 to 1 extension of Wave A (25th June - 9th of July)

shiftpark

There are a lot of similarities between this move up and the last one, in June. I believe price might make one more move up, but regardless, the destination is down, either at 1.81700 or, even better, at 1.76950 which is a 1:1 extension of the last move down and also the low of 2013. Good luck!