Could be in consolidation here. Descent entry at 0.618 brexit FIB.
Could see wave up. Wait for trend break and possible flag.
NZD weakening, CAD strengthening with oil GL
Could break to either direction. Go with the trend. G/L
Trend broken flag formed. Sell breakout
Support broken, possible flag formation. Wait for break confirmation. Very attractive risk/reward
I think we are going to see major decline in all EURO pairs. EURAUD appears to be the most exposed. Today it broke the support on a descending triangle. EURCAD has made some impressive moves to the downside over the last 5 days but it has more room to run. EURGBP has two gaps that will get filled. EURUSD has recently broken to the downside and started forming...
Broke 4H trend, formed corrective structure