Price at the moment is correctively rising so what I am expecting to see of this pair is that price is going to fall soon. We are currently seeing divergence on our MACD which signals a reversal may happen. Good luck and safe trading.
Hey everyone. The pattern we were expecting to see on AUDUSD has changed and we no longer will consider it. So, we will watch for price to reach the top trendline and see how it reacts. MACD is showing divergence which signals reversals. Good luck and safe trading everyone.
There is an ascending wedge forming on the weekly chart of AUDCHF. I am expecting a reversal soon so keep your eyes out for a big move to the downside.
There is divergence on MACD and we have a pattern setup. Look for a sell at the top and see if we get a break at the bottom. Good luck to all
Here we have a very clear pattern setup. This will be a great opportunity to enter short on this pair. Good luck and safe trading.
Here on EURNZD we have a trade setup forming inside our corrective structure. This setup is only valid if price does not break out of the bigger corrective structure. Good luck to you all
As of right now price is still moving upwards. There will soon be a test of two important trendlines. Lets watch and see what price does when it reaches that area. Good luck to all of you
Here I am looking for another leg up to continue the broadening ascending wedge on NZDJPY. Good luck and safe trading
AUDNZD has risen to the top of our pattern trendline and is almost ready for a sell. Watch for the break of the ascending channel to take positions
AUDCHF is reacting nicely to the top trendline on the chart. If price continues with an impulse down wait for a correction to enter short on this pair. RSI is extremely overbought as well so this is another indicaiton that price will fall. This should be a nice short setup. Good luck and safe trading
This is just a better view of the weekly ABC possibilities.
Okay... things look like they were about to go turbo with my original plan so I need to open my eyes more to really see what was happening... It is just as described... Option one may not work out... So I now provide option 2. Time will tell.... but my position will survive both options regardless. . .
EURCAD has two possible ways price can go. It can form a flat channel (left side) or continue down to the 1.38900 level (right side). My bias is that price will follow the left chart but the right chart is a possibility. Keep your eyes on this pair. Good luck and safe trading
Soon we will see this pair reverse and form an impulse to the downside. I have included an Elliott Wave count as long as a fib and pattern trendline to indicate an area that's best suited for a sell. Good luck and safe trading.
Look for a short soon on the EURUSD. Good luck to all
Here is a simple idea on GBPUSD. Wait for price to reach the top of channel to sell the pair. Good luck and safe trading.
Here on NZDCAD we have an impulse forming to the downside which indicates that we have a reverse in trend. Go short after the breakout of the current trend continuation pattern.
Look to go short when price reaches the upper trendline.