Finally it broke. Took ages to consolidate...!
Simple, isn't it?
Head and Shoulder pattern appears on trend top of EURAUD. This could be beginning of the FALL.
Anticipating a move up from this trend line.
More upside expected
Simple breakout opportunity
Elliott described this structure as irregular flat OR most commonly known as Expanded Flat. It's a corrective structure. Next possible move is downside once the structure is complete.
Major trend line broke. A leg up is expected.
Another leg up. Cheers!
Another long opportunity after correction. Expecting an impulse up, with good risk reward ratio. Cheers!
gbpaud is likely to move lover after flat correction.
H&S pattern right on the top of trend. Volume spike also seen. Downside likely.
It's time to call it bottom. Bulls have some fun (: AUDJPY is forming a diagonal at the end of the impulse, possible next move is on the up side.
FX:EURJPY has been range bound so some time now. Chart illustrate a possible breakout OR continue range trading idea. Happy Trading
OANDA:NZDUSD is forming a good bearish flag. Overall trend for pair is bearish. Can we break below? Happy Trading
