Shorting NZDUSD since Last week. Waiting on it to complete the Cypher, hitting the base of the Bullish channel to enter a long position.
Harmonic Deep Bullish Crab. Expecting Price to be atracted to the Long Term Trendline. Wait for confirmation. CORRELATION 1-Deep Bullish Crab 2-RSI Divergence 3-Support at Friday's S2 4-Negative Correlation with EURGBP where I'm expecting an inverse retracement 5-Positive Correlation with GBPCAD where I'm expecting a long retracement.
After the triple bottom I expect price to complete a Gatley formation and continue Higher.
Entering Long on AUDUSD after it goes through S1 daily Pivot.
EURJPY might hit the long term trendline and end the bullish channel it's on now.
Bearish Channel may be comming to an end as it comes close to the long term trendline. CORRELATED PAIRS GBPAUD Positive- Is also in a Bearish Channel but with no trendline to hit in site. AUDUSD Negative- This one is in an inverse channel also near a hit on a down trendline.
Looking to see if price will be atracted to the red trendline and break upwards, or if it breaks down. RSI divergence is sugests price will go back inside the Triangle. If it does, I'll be looking for confirmation for a long. If it breaks, I'll look for the retest.
Looking to see if a Gartley Pattern completes at the Trendline.
Will analyse this pair in shorter time frames. On the daily we can see a DOUBLE EVENING STAR AT RESISTANCE, hitting the trendline. Also, some divergence on RSI.
AUDUSD is in an Bullish channel Looking for an entry until the PRZ at the long term trendline on the weekly downtrend.
WEEKLY CHART Look for Entries on lower timeframes CORRELATION 1-Tweezer Top 2-Evening Star 3-Bearish Butterfly 4-Trendline Hit 5-200sma Hit
After the triple bottom price retraced to the 61.8 fibo and is now on the way up. CORRELATION 1-61.8 FIBO 2-S2 daily 3-hight probability move up PAIR CORRELATION GBPJPY +90.9% EURGBP -86.6% Don't double your risk by entering on correlated pairs
Double top with two shooting stars
EURCAD after the big butterfly ending on the D point has been trying to move higher. It is now bouncing out of 61.8% fibo. Might ad to a position I've had from one earlier hit on the trendline.
Cypher forming on the 4H. PRZ at Daily R2 CORRELATION 1-Bearish Cypher 2-Daily R2 3-Recent support área 4-Daily down trend Pair Correlation, if you enter this don't enter the next pairs.You'll be dobling risk. AUDNZD -90.1% (negative correlation) EURCAD +89% (Positive correlation)
Price is being rejected on the Daily R2 and the upper trendline of the bullish channel. Looking for a retest of the bottom of the channel. expect resistance at the black line.
AUDJPY, Worthwhile taking a look. It is hitting the top of a daily downtrend channel with a double top at a Resistance Level. CORRELATION 1-Upper Channel Hit 2-Resistance Hit 3-Double Top at resistance 4-R1 daily pivot 5-RSI Divergence over the last days. Look ar correlated pair so not to double your risk PAIR CORRELATION CADJPY + 93.8% EURAUD -76.8%
Take care of tomorow's news. Looks good