EUR/USD CUP AND HANDLE FORMATION!
Speculatively, EUR/USD has formed a Cup and Handle on the 8H Chart. A long entry and TP into the trend line resistance looks appetising.
Having been in an extremely long term down trend, would this be the potential reversal to the upside for the pair?
There will be a lot of selling pressure as EUR/USD comes into the 12...
AUD/JPY BREAK OUT OF 2 YEAR TRENDLINE RESISTANCE & ASCENDING TRIANGLE
We can see the AUD/JPY pair close above the trend line resistance, after having a failed breakout previously, we are coming
back to attempt another breakout.
Looking closer, it is also playing towards the end of an ascending triangle, a potential retest of the trendline resistance turned...
XAU/USD
As everyone knows, Gold is coming into ATH, have we already missed the opportunity to get into Gold?
We've formed one big massive cup, the only thing next is a handle... which means there will be another chance to get
a beautiful entry into Gold before it takes off to the moon.
An 8% drawback is possible, back into the 17xx region will be an amazing...
Descending wedge on the EUR/CHF chart
Seems like we're following a tight consolidation, winding up for the next big move.
Break out above trend line resistance and retest at horizontal resistance turned support will open up a clean entry.
