eurusd is about to b reakout of a triangle. i am looking more for a buy setup to come into play but the sell could as well. i may not take these trades because i dont trade eurusd much
gbpcad had previously broken out if a triangle. its bullish wave was very sloppy. if it we get a bullish breal i expect the momentum to be somewhat the same. if we break bearish i am expecting it to go down fast. momentum and side of the breakout will help further determine targets
eur dropping against usd. usd dropping against chf= eur drop against chf eurchf breakout and retest with rejection. let the sell off begin...
usdchf is forming an ending diagnal. knowing we will most likely get one more wave up gives us the advantage on how to approach this setup for max possible r:r
eurcad had a big correction and is now getting narrower and narrower. we are getting a double bottom pattern at the end of this correction.
price has failed to continue bearish impulse waves. we have made a bullish impulse with a corrective structure. buy the breakout
ab=cd sell zone for usdcad. will be looking for price action entry
audchf-0.28% has made an exteded correction that is coming to an end very soon. we can get some more bullish momentum from prices this week but we will watch for patterns on smaller tf for a reversal to enter.
the pair had a bearish breakout of an expanding triangle formation. if we can get a good abc pullback on lower timeframes, then we could get in on the sell. if prices for some reason make a strong bullish pullback then we will hold off on this setup. if we get a 38.2% retracement of the smaller bearish wave then we could look to join trhe sell. we have also...
the franc has made an ending diagnal pattern that it will breakout of some time early this week. once it does, we can look to buy chf pairs. best results will yield from weaker pairs against the strenghth of the swiss
we must pay close attention to momentum as if we get a very impulsive move up we can hold positions.
audjpy is getting strong bullish momentum. if we manage to close above the lower timeframe ending diagnal i might look into buying this pair. we want to make sure to take this setup conservatively as audjpy can pullback some more. there is also a potencial head and shoulders pattern but i am not looking to short this pair. if breakout is bearish, depending on...