andrewh47

andrewh47

The AUD/USD has been moving upward the past days with almost no sellers in sight, for the short term traders should look to sell and wait for main points on Fibonacci are reached.

andrewh47

Will ether move up or down, watch out for breakout.

andrewh47

Up Up and away!!!

andrewh47

The support line has been broken in NZD/CHF.

andrewh47

A recent flag has been broken on CAD/CHF, creating a bullish move.

andrewh47

AUD/CAD bearish move, be prepared for a strong move past Point D. The Symmetrical Triangle is larger than depicted in the picture.

andrewh47

A nice Bullish Bat Pattern has formed on AUD/CAD. Wait for price action to hit Point D before entering trade.

andrewh47

The GBP/CHF is nearing a breakout, look for large moves up or down. There is a nice opportunity to grab some pips, it looks like a relatively small breakout will occur if you loom at the smaller time frames. I predict that it will move down because of the strong resistance lines. (on the 3hr chart)

andrewh47

A strange occurrence has appeared on CAD/JPY, an initial slowly decreasing range bound rectangle but if you look more closely you will see a great quantity of Bullish and Bearish Rectangles. (I labeled all of the rectangles in ellipses) All of the ellipses located in the middle of the decreasing range bound rectangle have always moved downward, afterward when...

andrewh47

A breakout will soon occur on AUD/CAD. Be ready, it will have a very large move downward.

andrewh47

On the short term there is is currently a small short term bear move, be ready for a small jump back down to the support level. A large breakout will soon occur either moving down or upward.

andrewh47

So relatively recently the Reserve Bank of New Zealand released that they will hold their intresest rate at 1.75%. Speculative traders and foreign investors instantaneously jumped in, giving every NZD as a Quote currency (or Counter currency) a major quick spike in the markets. Most pairs have already moved back down to calm less volatile prices that caused...

andrewh47

Double Top formed on NZD/JPY. A potential short movement of 300 pips. Point A and B are 300 pips from the neckline, thus the current price is expected to go below the neckline and move down 300 pips. Enter when the price lowers below the neckline and place your limit order slightly before 300 pips from the neckline.

andrewh47

Symmetrical Triangle formed on GBP/USD. Watch out, it could break either way.

andrewh47

Symmetrical Triangle almost completed on EUR/GBP. Ignore Point A, continued pattern after after weekend. Breakout will occur soon.

andrewh47

A rectangle has formed on AUD/JPY. Potental down move of about 180 pips. Wait until .236 fib mark is hit (86.74).

andrewh47

Nearing the end of the pattern, breakout will occur soon.

andrewh47

Potential Bat Pattern, needs to move down a little more for the pattern to come into effect First profit level is at point B and second profit level is at point C