isarnil

isarnil Updated 

Many pairs are currently on hold waiting for the greenbacks direction in the coming weeks and month. Instead of an anticipated breakthrough of 94 level, we got a close just above after the Friday's disappointing unemployment news. The chart shows price sitting just on top of support in a falling wedge structure. We might see a breakout upwards instead of through...

isarnil

This pair has shown pretty long waves which is good for profit. Right now we're in the beginning of one. Rules for entry: Strong bearish traction on monday morning Risks: Stochastic and RSI showing bullish trend.

isarnil

Confirmed bounce at top of widening wedge. V-shape at end implying strong down-turn. First danger 40 pips down. Take half profit then continue. RSI, Stoch and DEMA strongly supporting case.

isarnil

EUR/AUD is in a really interesting spot right now. Ambiguous data from both countries. Strong bullish trend in the last few months. Currently sitting at a historically important support/resistance line in an ascending wedge. Stochastic is diverging on the 4h aswell which is a nice sign. Setup Entry: Looking good right now. Await nice fat bearish candle with...

isarnil

H&S has repeated itself many times in this pairs history. Now, it seems to happen again - making the pair have a bearish outlook. However, bullish divergence is visible on the Stochastic, putting some doubt in my mind. I'm preparing my short for good outcomes though.

isarnil

Last week saw break-out from the larger descending wedge structure. Another descending wedge possibly emerged as of close on Friday: - Possible broken second wedge may lead to next resistance. If hitting resistance -> look for sell opportunity. - Second wedge might force price into a second breakout structure. Look for long entry at current support levels.

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Broke out of falling wedge but some clouds on horizon. Bounce on support would be helpful.

isarnil Updated 

Recurring pattern. RSI and Stoch line up. Looking for fat red candle and then sell - bye bye.

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Diverging Stoch, low RSI. Sitting on res level. Some sort of wedge might shape up - look for breakout confirmation candle.

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Super clear. Go!

isarnil

Strong candle and DEMA cross for buy.

isarnil

Falling wedge but ambiguous pattern on the weekly. Looking for strong breakout for buy.

isarnil

GBP catching breath rushing north on friday, but getting a punch in the gut in last candle. However, momentum seems to be upwards with EDMA signalling short-term uptrend. If big green candle opener on monday we might break next levels and look for another 50 pips up in the week.

isarnil Updated 

Two times since April we've had major stochastic divergences with changes of trend direction as a result. Now, we're heading for something looking like a double top, with fading out intensity. However, we might see consolidation over the resistance line in the next few days, followed by a jump over next resistance - like in April. If we were to get a proper...

isarnil

Chart is clear! We're approaching a tested reversal zone, with bearish EDMA cross-over on the 4h, RSI over 60 and bearish divergence on the stochastic. Even IF this doesn't play out it's a trade to love and take over and over again. A bit stronger dive from the current cross would confirm down move for at least 40-50 pips.

isarnil

Falling wedge coninciding with stochastic diverge on the weekly and edge of supply zone. Long-term bottom seem relatively close makes for high probability northbound move.

isarnil

Rising wedge in tested resistance zone, with bearish divergence. Looks pretty clear. Credit to @Alfred Kollado for the idea. Just wondering on how concerned one should be with the Trump effect (TM)...

isarnil

Rising wedge from 2011 still decides the terms of trading, but the pattern is coming to an end. Throughout the entire pattern, 0.9980 have been a strong level of resistance, keeping the dollar down. The recurring fractal seem to indicate two things: 1.an imminent bearish run of CHF/USD 2. (perhaps) a break-down from the ascending wedge. Getting back with...