The short leg is over extended, price broke out of a pennant, looking to retest previous high. Not the biggest fan of this cross pair but level is good as well as confluences
AUDJPY for another impulse to the upside. Price had consolidated for over a day and looking for 1 more impulse to the upside.
Looking for a potential downside move as a pennant pattern has formed on the daily time frame. More details on Link description below. www.pa-fx.com
NZDJPY had consolidated forming a bull flag on 1 Hour time frame. Looking for another follow up move to the upside.
GBPCAD has been in correction for the last 2 days. Anticipating for 1 more move down
Price has consolidated for a few days within this range. A bear flag is currently forming for a potential break out to the downside.
Nzdusd has been in correction for a few months building up for an aggressive impulsive move. What for a potential break to the upside to retest previous high
Watching for a correction before another bull run. A long stretched correction would be preferred. Be mindful of trade wars and risk aversions.
Nzdjpy been consolidated for a few days due to Easter breaks having only a few active sessions. Generally when London or NY open, we would get an aggressive move.
Price consolidating in a very narrow range building up for a break out. Looking to retest previous low.
CADJPY is very extended and could use a breather. Next week I will be looking for possible long trade up if the patterns play out as illustrated. We're not going to complicate things, Bear Flag and Potential Double Bottom formation with a good RSI Divergence. Preferably Daily Chart to have an RSI Divergence as well. Daily Time frame Strategically, if this trade...
Just a short catch up on previous couple weeks as I didn't get time for an update this week.
Watching for a double bottom to form and some confirmation for an leg up.
Hi all, I tried to cover the Yen pairs and some confluence information to support my ideas, however, the video got cut a little short. The video shows my reasoning of not going against the strength of the Yen so hopefully you find some value here. Cheers P.S. Video only allows 10 minutes so it was quite brief but I tried to get to the point on most Yen pairs as...
Explanation via Video Apologies on some ramblings, hopefully the message is clear :) Cheers
Looking for an up move. Please note that the entry will not be a limit/stop order as its only a guide, however, targets and SL are ideals. See previous videos for explanations.
Hi all, Last week I had a video on the strength of the yen may continue, however, my bias has now changed as i believe the last move up was the 5th wave which completes a C wave of a higher tf regular flat. Be on the lookout for reversals. Good luck Cheers
Just a short video on BTC where if you look at the gold and nzdusd chart you will beable to pick a pattern that is similar to what is forming atm. Good luck Cheers