Potential reversal zone @132.15/132.18 - 60 min chart
Nice cluster of Fibo to anticipate a bearish move + Bearish bat. I also like the fact that the equality between the two swings up (blue arrow) is in line with the 88.6% retracement of the bat pattern @1.5590-1.5600. Will look for a short - bearish reversal if we see a push up there over the next days.
Nice potential bearish cypher if it bounces up to 0.7148
Sell 0.6326, stop above 0,6340, target 1 @0,6305, target 2 @0,6290
Sell 1.1300, stop 1.1365, target 1 @1.1220, target 2 @1.1170
Keeping an eye on those two patterns on Cable. First a bat pattern with prz around 1.5475. Then a bullish cypher with entry level around 1.5410.
On my radar this morning = Buy 1.1016, stop min below 1.0990
Looking to play short on Monday against 1.5520-1.5560 to play trend continuation to 1.5420 even 1.5330 Now, bigger picture, if the Cable has indeed completed a wave 4, one could be looking for new lows with a nice structure area just below 1.5200 as target. Past 1.5660, wave count is wrong.
Friday, the USDCAD closed below the support of its short-term trading range. I have it on my radar for Monday, a slight pullback could be an opportunity to play the short side towards the structure support at 1.2545-35.
Too bad we are too close to the WE to take on that bull Gartley, close to the lower end of the short-term range.
Looking for AUDCAD to continue it trading range. Risk Reward is interesting enough to fade the topside.
eurcad needs to drift down to 1.3930 to complete a bullish cypher. Let's see
Hope we get a re-test of the resistance. Sell 135.87-136.00, stop above 136.90, will look for extended targets 134.55 even 134.00
1.2620 to sell, stop minimun above the starting point of the Gartley. Target 1 and 2 at 38.2% and 61.8% of the pattern.