way_ve

way_ve

We can see a reversal Pattern with divergence on MACD indicator inside of the bigger Running Flag. There is a high possibilty for one more rise before a bigger drop. We´ll wait for a clear breakout with a correction on lower timeframe before we enter a trade.

way_ve Updated 

On the daily timeframe we can see a Shoulder-Head-Shoulder Pattern. It already complete and price closed below the neckline. We are waiting for the pullback into the 1.70000 area to get into the short trade. The target will be 1.4300 area which is a Key Support area including the 38.2 fibonacci from bigger trend and 127.2 ext. Fibonacci of SHS-Pattern.

way_ve Updated 

Price broke through and closed outside the wedge Pattern. The Buyers are getting weaker while testing the 133.000 Zone. I will set a pending order at the 61.8 Fibonacci level (133.600) for a sell. My target will be 130.600 to complete the ABC pattern at the 127.2 ext. Fibonacci level.

way_ve Updated 

I think the price will reach the zone next week. It´s a good oppertunity to short in the zone

way_ve Updated 

Right now NZDJPY respected this key area and starts to go down

way_ve Updated 

Right now there is a great oppertunity to short EUR/AUD. This trade will take some time