Description: As seen in the H4 Chart Timeframe, AUDNZD completed a Bullish Inverted Head and Shoulders pattern as a reversal of the minor downtrend. Our targets are 1.08300 and 1.08900. If the trade works as predicted we will look for a short opportunity at D leg based on bearish harmonic butterfly pattern.
So our AUDNZD Trade Idea:
USD/JPY has followed a nice string of up- and down-cycles since 2011 and in mid-February USD/JPY entered into its next up-cycle that will last to mid-January 2019.
Especially the period into late summer and autumn 2018 should prove strong and a strong upside acceleration could be seen during this time-window. It doesn't mean that USD/JPY can't continue to rally...
Do you miss the entry point of this NANO bullish run?!
As a continuation of my lasts charts, I think we can be on a inverted S-H-S formation. Seems that we can have another entry low point -at least lower than the end of this waves- on the green box with yellow letters.
If my prediction is correct, this run with go to the end on the pink...
Hi everyone, we come from here.
Let's update the hen of the golden eggs trend.
As you can see, the formation of the last peak of the SHS -1.19% is being fulfilled. Once it has been completed, I expect a progressive bearish regression, the breakout of the 0.382 fibonacci level and go down to the .623 fibonacci level to test the resistance.
My plan here is...
Hi. I just saw this and stopped my trade. this may be a SHS forming. It would make sense since we ended up to a level to form a perfect bowl in the daily. Or will it be a cup? It's still possible that the bowl is not finished, though. But I think we will first go direction 41000 anyway.