NZDCAD is setting up for 200 pip move to the downside. We need to watch it over next few days! This move will be smooth sailing! We are targeting lower structure on the daily!
CADCHF is changing patterns and we can begin to see some bearish momemtum take place on cadchf very soon. Price broke up above our daily trendline but not aggressively. We need to be patient and wait to see if price will take one more wave to downside!
USDCAD potential has a wave starting to the downside! Lets see how aggressive this move can go. This will determine if we stay in or not!
USDJPY iss in the middle of completing a bull flag on the weekly time frame. This is a longer term outlook but at least we have direction! and potential pattern.
GBPJPY is retesting the lows once more. This time we are seeing a double bottom taking place. WE need to be cautious in these areas because GBPJPY can really take off to the upside quickly. If we see any change of structure on lower time frame we will consider going long!
USDJPy is extending its bull flag! We are taking one more move to the downside! We will wait for any corrective set up on a lower time frame to continue this move downwards!
CADJPy has followed my previous analysis almost spot on. Now that we have targeted the price at which we would like to buy cad. WE can consider looking for longs in this area! First we need to see how price acts at the low before taking off.
ON GBPCAD i believe we can see one more bearish wave to the downside! WE need to be patient at these highs to see if we get a change in momentum before we trigger any shorts.
EURGBP bears are coming into play. I believe for first quarter of the new year we will see bearish momentum on this pair!
Cadjpy bullish run will start as we head to make higher highs on daily time frame. This'll be a long term swing trade, this is a trade we can hold for some time!
CADCHF is ready to make a bullish run. This will take a few weeks but this is a long term swing we can trade and hold!
USDCHF has gave us an impulse last week! WE now can be exiting the consolidation pattern. With the close of this daily candle we can be headed much lower!
Event hough i believe GBP will gain strength soon. We are seeing a bearish pattern set up on the GBPCHF.When price reaches the top of this pattern we will look to go short
AUDJPy is still below a daily trend line. On the 4 hr we can spot a bearish flag happening now. If this is a bearish flag this will confirm another bearish move to the downside
NZDUSD is inside of a bigger flag pattern. We must be patient and just wait to see how this plays out. But i do believe we will see more upside on this for next few weeks until we reach daily pattern trend!
CADJPY has been consolidation for sometime. At first we were expecting it to form a continuation to continue downtrend, but as we take a second look, we are seeing price now form a reversal pattern to make one more impulse to the upside! Invalidation of this pattern will be a break below the low!
USDCAD has been playing inside of this channel for sometime. Which is gonna make the move to the downside stronger and bigger! WE just have to be patient and wait for the impulse!
GBPUSD is looking to turn into a regular flat correction. So this means as soon as we retest these highs again we wanna look for any bearish evidence that we will be shorting for another wave to the downside!