FX:AUDUSD Based on the massive double bottoms found on EURUSD and GBPUSD which are both correlated to this pair to some degree I take note of the following: 1. Double bottom formation (will complete if today's candle closes as bullish as it is now) 2. Trend line is being broken 3. 50ema is being broken 4. The current candle is a great signal candle 5. Last...
FX:USDCHF I have been watching this pair for a while now. A few things to note here: 1. Resistance level reached 2. Stop hunt high completed 3. Trend line to the down side needs to be broken to qualify for a short 4. Be aware of the inverse head and shoulder pattern on the weekly time frame that could prevail More details to follow :)
1. Price has bounced off the support 2. Down channel resistance level broken to the up side 3. Double bottom pattern 4. Note the monumental head and shoulder pattern on the weekly timeframe - trade with caution