There is a chance that AUD/CHF could significantly go down during next few weekly sessions. The reason for that is the formation of an ending diagonal in a C wave position which is much clearer to see on a daily timeframe. The present analysis goes side by side with similar projection for some other pairs: EUR/AUD - up EUR/NZD - down NZD/CHF - down
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.
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.
active bullish butterfly on USDCHF buy @0.99600 TP1 @1.01026 TP2 @1.02414
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
Please consider the 1.60650 area for a buy setup on this pair.
Gold is currently channeling to the upside so when we see price touch the top of the channel look to take short positions.
Some bearish momentum forming a good consolidation of a flag. Good short opportunity with a small stop loss.
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
C TO D LEG SETUP TO FINISH FOR GARTLEY PATTERN LOOKING TO SHORT AT END OF D LEG NICE FIRST PULL BACK WITH 61.8% RETRACEMENT AND SECOND PULLBACK WITH 50% AND THE FACT THAT 78.6 AND 1.272 LINE UP SO NOICE SEEMS LIKE GOOD GARTLEY SETUP
C TO D LEG SETUP TO FINISH FOR GARTLEY PATTERN LOOKING TO SHORT AT END OF D LEG NICE FIRST PULL BACK WITH 61.8% RETRACEMENT AND SECOND PULLBACK WITH 50% AND THE FACT THAT 78.6 AND 1.272 LINE UP SO NOICE SEEMS LIKE GOOD GARTLEY SETUP
EURAUD has just formed an impulse down. Price should be forming a correction back up to the trendline. When price reaches there and we see clear sign of reversal I will look to take short positions. Good luck and safe trading.
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
Look for a short soon on the EURUSD. Good luck to all
Wait for the down move to form in order to initiate long positions to the upside. Good luck everyone
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.