There is potential for a breakout trade when the corrective pattern is formed. Keep a lookout for it. It might happen within the next few hours. Don't miss the trade. Thank you
Oil price has been in consolidation for a while on a daily timeframe. Hourly chart is currently giving us a potential Gartley pattern. RR for 1st targets is a bit bellow 1:1 but it is within 5 pips of difference which is acceptable. If you are aiming for multiple targets, target number 2 will be at 46,38.
BTC should consolidate more before another push higher. There are negative divergencies on MACD and RSI.
Potential Gartley pattern on 1 hour chart. Daily chart shows that pair is currently in consolidation which makes room for advanced patterns.
As we saw almost all Price Actions across, have failed to complete their cycle as it seems to be the case for GBP too. It was expected to had breakout in last CAP but failed to complete the break. So next as i see it should go little sideway and then Consolidate Resisted Volume. Once Cleared. Break
There is a bull setup currently forming on the AUDNZD. If it breaks with confirming indicators then it's a nice trade.
Similarly to the NZDCAD, we have another setup developing on the AUDNZD. Let's wait for the breakout with confirming indicators.
A sell setup is developing on the NZDCAD but we need a nice break with confirming indicators to get involved.
AMGN has deviated outside the inner channel into extreme ends of what would be considered to be the sides of bell curve. Short but be cautious. 1st PT around 165 if break then 2nd PT around 144.
Possible Bullish Head and Shoulders formation on this pair. Pair is currently in consolidation (daily chart) and might be shifting trend.
Currently long to 1300 with a possible move to 1330 at which I will short while most scream for "LONG to 1480 etc " I see a period of consolidation coming especially with the November election around the corner. Triangle's Galore!
Watch for a break with confirming indicators
USDCAD has finally approached the area at the top of the channel which will likely provide the best area to short the market. We will be looking to sell the breakout out of this smaller consolidation channel. I have waited for this consolidation to publish an idea, as it would suggest the upturn in price of the last few days seems to be losing all steam as it...
We have a nice long setup developing on GBPAUD