Moving nicely we got the strong buying last week. Where price is now will be looking for 3 setups - Reversal Pattern, Selling, or Just some consolidation. This one we will have to look at carefully becuase we still have a high as seen on the chart as a target. If the selling starts we aim for the yellow zone. Prev charts Aug 21 s3.tradingview.com Oct 3...
We see flash crash lows taken plus a double bottom forming with strong buying pressing. I'm seeing more upside on this pair targeting all the highs label. Not all days will be buying days just remember that. Price has been ranging or gathering orders so we wait for a breakout either a false one 1st then the real trend direction OR a breakout with the trend...
All Red X are where Previous Lows were taken out with new price movement. >>Last week movements (Green to Red Vertical Lines)<< Seeing the double bottom completion last week Tuesday with a price push higher. We also saw some fundamentals (news spike) pushing EU lower. If a news spike fails to go lower than the double bottom lows this indicates more buying...
Running ovwe 1 month now the AUDCHF uptrend has been strong and is now over my zone for more buy continuation. Will be looking for pullback to the trendline or lower before buying confirmation with uptrend Prev Charts - Oct 21 s3.tradingview.com Oct 11 s3.tradingview.com Oct 3 s3.tradingview.com