GBPCHF major divergence on the daily! Bearish momentum is coming soon! Lets watch smaller time frame for a strong bearish move and look to get in on the corrective set up!
EURNZD is correcting beautifully. All we have to do now is be patient and wait for the right time and price to sell. Eurnzd is in a flat type corrective pattern. If this was to change we will then adjust our analysis. As for now lets expect a simple A-B-C
I believe a huge drop is needed in GBPJPY. I wan to be very patient! But the way price is making a bullish run is very weak! Meaning bears are trying its hardest to bring price to a lower value. We will in near future this week or next see a dive in GBPJPY.
I wanna see a short term bullish run to the 4 hr high. When price reaches this area. we then wanna choose the next move from there after watch how price reacts.
EURUSD bulls are coming in strong for eurusd soon. WE were expecting a heavy drop on EURUSD but price started to correct as it began to fall... Showing us that it wants to reversal and bulls want to take charge. WE will wait for impulse and correction before buying. WE have two scenarios here that can happen.
GBPAUD did not give us the impulse move to the downside we expected last week! We believe GBPAUD is deciding to make a bigger consolidation move for a bigger downside move! We will wait for more confirmation on lower timeframe!
GBPAUD analysis is showing me it can make another move to the downside. It is moving very slow, so i want to be patient to see if we will get lower time frame sell set ups.
GBPUSD is in its second consolidation. WE are expecting at least one more push to the downside Completing a 5 wave! WE will be patient and hope that it maintains structure to the downside!
USDCAD has been in consolidation for a week! We are now expecting a move to the downside completing a bigger ABC pattern!
The prica action GJ is showing me is that it cannot continue to the upside with this momentum! I wan to see a bearish momentum at least back to GBPJPY low then we can decide which way it will go!
BTC shark presented from live data
EURNZD is in a B wave corrective pattern. We will wait for a clean break out then enter on lower time frame flag set up and ride the wave to the down side
GBPUSD has confirmed its downside momentum. We will look for an entry on smaller time frame and swing trade it to our take Profit to the beginning of wave A in the corrective structure.
Now that we know the direction. We just need to confirm sells with a strong daily impulse! We are being patient. WE have been stuck in some trades but we are still holding firm. Waiting for continuation pattern to finish on the 4hour.
GBPAUD reversal is coming! Please watch price to break our of this ending diagnol. WE may have a small entry at the top but we need to await our impulse to the downside a correction then we will be in for sells!
AUDCAD is moving sideways on the weekly. Previous trend has an impulse to the downside. We are looking for sells for AUDCAD to complete its 1-2-3 Pattern.
USDCAD could potentially have one more downside leg. We have to watch price action and chart patterns on lower time frame to confirm. Within a weekly structure we can even see a larger momentum push to the upside. However I am more on the bearish side for next weeks.
AUDUSD can potentially form a new wave to the upside completing its wave 5 of its reversal pattern on daily. The pattern AUDUSD is forming is now a continuation pattern. Rather it is a reversal pattern on the daily!