Finally V-bottom (bullish reversal pattern) on the pair Neckline broken = Figure validated This invalidates the bearish channel From now on the price goes up towards the beginning of the channel
In short : Prices have changed channel on the way up The previous theoretical target is now only an intermediate target The new target is obtained by projecting the exit channel The uptrend could seriously take off The scenario is going well so far.
In short : The chart shows the replacement of a bearish channel by a bullish channel This is a trend reversal pattern And right now prices are on the lower bound of the bullish channel In this area there is a possibility of a bullish rebound to follow A confirmation would send prices back to break their last high
In short : Prices are forming a bullish flag This is a continuation of the trend Prices may soon return to break their previous resistance
In short : The trend is bearish following the break of the triangle The fall was temporarily halted by a pull back But the trend remains unchanged. Prices are in the rebound zone The return to the downside is near The pull back gives us the first intermediate target to aim for on the recovery.
In short : The pattern formed is called an "broadening formation." In this case, it is a bullish reversal pattern. As long as prices remain above the invalidation level (red line), buyers dominate the market and will push prices to new highs.
In brief Prices are forming a descending triangle This is a bearish continuation pattern It has just been confirmed by a bearish breakout Sellers have the upper hand, Audchf should continue to fall for a while
In short The scenario is unfolding as expected The predicted rebound has occurred Prices must now break out of the top of the channel Before they can accelerate higher
Bottom line: As expected, prices have rebounded to the upside The trend is now engaged in a bullish channel The previous range is about to be broken at the top Theoretically, an acceleration to the upside will follow
Bottom line: The bullish rebound has been confirmed as expected. Trend reversal results in a new bullish channel Prices are now moving towards the next theoretical target
Summary: Prices are in a bearish channel As expected, the rise stopped near the resistance A bearish rebound followed So far the bounces from one boundary to the other are done quickly If the situation persists prices will soon be back on the lower bound of the channel Theoretical acceleration of the bearish rebound to follow
Hello to all Here is my analysis for this pair The trend is in a bearish channel Prices are currently rising but given the underlying trend a return to the downside is likely Somewhere between here and the upper bound of the channel, a bearish rebound is expected. Heading for the lower bound of the channel
Hello to all Here is my updated analysis for this pair The previously envisaged break of the intermediate line has been confirmed. A pull back has followed, (brown bullish channel) it is waiting for confirmation Theoretically if the price goes back above 1.3144 the pull back will be validated This should give way to a bullish acceleration
Hello to all Here is my updated analysis for this pair Resistance break followed by a support break followed by a return to the center = Still the same horizontal channel with a new amplitude So if nothing else changes, the last boundary touched being the one at the bottom, prices are theoretically heading up.
Hello to all Here is my updated analysis for this pair The first rebound zone did not work The uptrend channel is changing amplitude and forming an ETE (bearish reversal pattern) with the neckline just below the uptrend line. As long as the neckline is not broken, the bullish rebound remains in effect.
Hello to all Here is my updated analysis for this pair Bullish rebound to follow Starting point a bit lower than initially expected. The amplitude of the trend is changing but the slope of the channel remains positive. Theoretically, at this stage the bullish rebound remains in place.
Hello to all Here is the update of my analysis for this pair The previous scenario is very close to being confirmed so here is the continuation. Following a rebound on a trend line that had already played its role well in the past. Prices are now breaking through an intermediate resistance level which in theory once broken could lead to an acceleration upwards.
Hello to all Here is my analysis for this pair The prices which have been stuck in a horizontal channel are now breaking out from the top This is a figure that shows that the buyers have won the battle In theory, prices could continue to move higher afterwards