We are in a weekly coreection and there is a possibility for a C have up. We have positive momentum and divergence in the indicator.
DXY weakeness may mean that EUR is coming back up to break the weakly top.
Analysis corroborated by AUD/USD upside and GBP/USD downside
Nice short trade could form in the next couple days
Looking for an end of the current correction and then more upside possible.
Contracting or regular flat?
Looks like the 4H corrective structure might have ended for a daily impulse! I'll look for a C wave that reaches at least the 127 fib extention.
Nice break and consolidation for USOIL downside
The momentum divergence and the recent break of the daily top are making this chart to look bearish. I'm expecting a big daily C wave down move so let's wait for the setup!
This pair is a bit dificult in the higher timeframe but since it corrected to the 61.8, broke the trendline, is correcting and shows positive momentum I would expect it to break the daily top. I'm already in from the bottom so I'll let it run. The break of this correction seems to be a good buy.
Perfect A-B-C correction for upside. I'm already in but I'll add to the trade on a 4H flag.
Looking to get into the sell because the big daily correction may have ended.
Good buy setup forming in the 1/4H. Maybe we can retest the top so this could be a big trade.
Looks like the top has failed and we may correct a bit more (C wave) before going up.
The overall market has this structure in wich we are breaking the down-trendline and if we correct a bit more we may see upside.