NZDUAD Is form Nice continuation pattern forming on the 1H - 4H time frame
indicators shows a divergence in the current pattern trend - still has momentum to the upside -
Price action is currently between 2 price ranges with obvious support resistance points
Plan is to go long on the formation break with a volume and candle confirmation
1st target is .74000
FX:EURCADPair is obviously in accumulation phase for several months now - waiting for correction after a big dip and an uptrend to test defined supply zone marked red
Showed decent moves within support / resistance ranges - Strong resistance marked red been tested several times throughout October and and yet to be broken,
Indicators showed a clear divergence...
USDCAD Looking back at previous chart behavior - look closely how the uptrend is gaping away from the outer left bollinger band - currently crossing below 20 SMA and testing the lower band , add this to Hanging man candle pattern - your up for a reversal
watch out for the final re-test by the bulls.
USDCHF Is on a nice uptrend, Had a significant drop, look out for the correction, seems to find resistance at current major support are marked green - Support dates months back, Lands nicely within 61.8 Fib-
Look out for the long once confirmation of reversal popped out
FX:AUDUSD Is getting into a wedge formation - Price Hits the trend line and bounces off the Support trend (Green) , Price is expected to hit the wedge resistance line (White) where there will be more supply for the selloff - Shorting could be a good idea - Wait for a confirmation candle before making a move
NYSE:FMSA Weekly chart shows a big trend change Cup and Handle formation dating since may - possibility to test previous old highs marked up in purple
Daily & 15 min chart starts to show Head and shoulders formation at Descending Triangle - Bounce off the 50% Fib level at previous strong resistance / support line.
Potential buy when bounces off that level -
NYSE:EPE Been in accumulation period for several months now, forming a big strong base -
Potential inverse head and shoulders formation there, Purple line is a strong Resistance line that dates back,
Given the potential break out going long on sub 5..