Patrick_Da_Trader

Patrick_Da_Trader

H1 correction done looking for upside opportunities, resistance diagonal line tested as awaiting 15min W with a HH & HC for a sweet entry however I saw there is a H4 support level which if we violate the current pattern I might look for a possible buy at that area.

Patrick_Da_Trader

H1 correction posing a possible buy as sitting on H4 and H1 support, possible upside however baring in mind NFP week we may have a rally down given if price does not reverse at the current level. It all boils down to what price does between Monday & Tuesday

Patrick_Da_Trader Updated 

Fib Level 61.8 tested after break of H1 trend line may give possible short opportunities as entry will be confirmed by 15min reversal pattern with its validity.

Patrick_Da_Trader Updated 

Hourly trendline broke to the high as might be indicating a continuation of the bullish move today as with the 15min trendline break to the high giving a possible entry point.

Patrick_Da_Trader

15min awaiting lower low...lower close to constitute a sell as look left there's structure for todays sell off.

Patrick_Da_Trader

H4 triangle has established short term bullish momentum for the Aussie as I would like to look for opportunities after a possible pullback. - Daily Bull channel - H4 triangle broke to the upside

Patrick_Da_Trader

Basically it seems that the franc might strengthen short-term as in daily seems as we consolidating - H4 wedge broke below - Awaiting H1 to form & break below to indicate a sell.

Patrick_Da_Trader

Beautiful bullish move has been confirmed as we need a pullback into h4 structure to give way to solid buy opportunities. - Daily triangle broke up - H4 wedge broke up as well, awaiting retest of pattern

Patrick_Da_Trader

Seems Loonie wants to strengthen as: - Daily we broke a triangle & wedge to the low - H4 seems we about to break the wedge to low, giving as short - Only after the retest of the H4 pattern will I look for shorts

Patrick_Da_Trader

Seems GBPZAR wants to enjoy a sell of as: - Daily we have a wedge which broke to the downside - H4 we have a triangle which is retesting structure in conjunction to reversal Fib levels - Awaiting H1 pattern in structure to confirm entry

Patrick_Da_Trader

EURUSD has broken the daily Head & Shoulder thus indicating a bearish Eur as seems price is ranging below the neckline as there' a possible bearish rectangle forming as the formation will be complete once price hits the take profit of the H1 Inverse Head & Shoulder.

Patrick_Da_Trader

I see USDZAR may make a deep retracement against the overall direction which is bullish due to that price has just hit the take profit of the daily bearish channel which broke to the upside as the we have a possible H4 M pattern that may hold to give way to the bearish move thus setting up a long term buy for the pair.

Patrick_Da_Trader

USDZAR is bullish in the long term sense as we get clues such as the broken falling wedge in weekly and triangle which signals a week Zar. Currently price is gunning for the the take profit of the daily triangle to the upside which is near the Weekly structural area.

Patrick_Da_Trader

USDJPY seems to be setting up a possible sell setup of the short term trend as we have a bullish channel and head & shoulder in H1 which we broke to the downside but we haven't taken profit as of yet thus presenting a possible selling opportunities. Given if the 15min W pattern holds it may signal a possible triangle formation in H1 thus presenting a selling opportunity.

Patrick_Da_Trader

USDJPY in the long term trend its bullish due to monthly inverse head and shoulder which has formed but has'nt of yet broken the neckline. Daily we have a bearish channel and falling wedge which both price broke to the high which confirms bullish setups. Currently price is in a retracement against the overall trend as we have a 2 H4 rising wedges which broke to...