Bearish momentum has confirmed after last weeks inside bar pattern. There is a falling wedge pattern on the 1hr chart and one could look to enter short after the break to the support level on the 61 Fibb.
Symmetrical Triangle has formed on USDJPY. I am neutral on the pair until we either get a break to the upside or to the downside then I will look to enter on the retest.
Triangle Pattern NZDUSD This pattern is still in the process of forming. Possible bearish price movement towards the support 0.7290 within the next 7 hours.
Triangle pattern has broken through the support line. Possible bearish price movement forecast for the next few hours towards 0.8051.
Supported by downward sloping moving average and daily trend line
This pattern is still in the process of forming. Possible bearish price movement towards the support 1.2337 within the next 19 hours.
Supported by Downward sloping Moving Average
