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**GBPCAD Analysis - Listen to video!
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On this Pair previously price has make an impulsive, correction movement. Currently it's in a phase of correction in the form of a tight flag pattern. Anticipating for an upward movement.
I'll be considering
A Risk entry type at the bottom of the flag structure at an area of value.
Reduced risk entry after the impulsive move followed by a tight flag or...
After a strong bearish on xauusd, we have now a correction, we should wait for a confirmation and try to find a good position for entry, 1st sell high or wait for a breakout, after a retest we must think for short.
Take profit at 1835
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**GBPUSD Analysis - Listen to video!
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**AUDNZD Analysis - Listen to video!
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Expanding channel with a bearish impulsive rejection on a double top, followed by a corrective structure.
A rejection at the third touch of the corrective structure on the lower timeframe will suffice for a short position, down to the low of the expanding structure.
Head and shoulder formed at the third touch of the expanding channel, followed by a bearish impulsive break.
Looking forward to some further bearish momentum after the formation of a corrective structure at the moment either in the form of an ascending or expanding channel.
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**EURGBP - Listen to video!
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**GBPNZD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Expanding corrective structure formed after a bullish impulse at the third touch of the descending channel. A long entry will be favourable if price rejects again at the bottom of the expanding structure.
Ascending structure with bearish momentum at the third touch.
Looking forward to a corrective structure within the 1h or 15min timeframe before taking a short position. OANDA:EURJPY
Corrective structure possibly forming a descending channel within a major descending channel.
If price rejects at the third touch of the small descending channel , a long position will be favourable with a bullish impulse corrective structure.
Ascending channel with a corrective rejection at the third touch and a possible double bottom.
Long entries will be on the watch if price rises impulsively from here on.
Expanding channel going for a possible double top. If ever price creates a rejection at the double top and provides a clear bearish impulse corrective structure, everything will be set to go short.
Ascending channel within an ascending channel, with the possibility of two profit targets.
Price is confirming a bearish impulse on which a short position will be preferable after the formation of a small corrective structure.
We have been caught on a structural downtrend which manipulates small timeframe zones repeatedly because of the extremes constantly being hidden amongst minor ones, so today we are seeing a potential break of trend/correction through a probable bearish impulse, WHATS YOUR TAKE?
