Short-mid term view on USDCAD.
Anticipating a daily impulse up to complete the 123 correction. Could reach the .618 fib level.
Forecasting a bigger move to the downside to complete the bigger running flat structure.
Here is my view on XAG...
I forecast we could see more downisde incoming to retest the lower levels... We could see some more downside to simply complete the 1,2,3 correction, before going to break the last daily high ! It also broke the lower timeframe upside trend... But also, be aware that it could make a 1,2,3,4,5 correction before the sort term drop....
Lots of momentum lately for palladium... time to complete the bigger structure.
I am seeing downside on palladium to complete the expanding flat formation before completing the bigger structure(1,2,3 formation) for more upside.
Let me know what you think. Every insight is appreciated ! Thank you !!!
VERY long term: Very bullish...
As shown in the chart, we have a nice contracting flat completed... A nice breakout of this correction... AND a nice breakout ouf the flag formation... I forecast some more downside... at least to the blue line to complete the bigger corrective pattern.
Every insight is appreciated, i am just a beginner, thank you !!!
Either making a contracting flat to retest the 1450 area... or setting up for a short term sell before retesting this area. I don't think we are quite ready for the BIG short incoming....
Let me know what you think, EVERY insight is appreciated, i am just a beginner, thank you.... !
Rate cut or no cut ?
I think we might see a short term bullish momentum until interest rate decision. It could even make a higher high ( 1450 + ). But mid/ long term i think we could see a BIG SHORT INCOMING, testing the weekly lows to complete the bigger correction.
Very long term : very bullish .
Here is my forecasting on AUDCHF.
We are in a downtrend, and most probably finished the 4h 1,2,3 correction. I am seeing some more downside. The blue lines are the 3 last low we had. It will probably retest one of these before making a bigger correction. Lines 2 and 3 are very probable in my opinion.
I am just a beginner, let me know what you think, every...