GBPUSD potential bullish gartley and cypher pattern completion at the same location. Notice the D-leg completion is at 1.2100 even level which is also very strong support on the 4 hour and daily chart. I will be buying at this level.
EURUSD is currently testing very strong resistance at 1.0654. It has broke out of a consolidation and I will be buying it on a strong close above 1.0654 and targeting an ABCD completion at 1.0800 even level, and then selling at that level also.
AUDUSD has been respecting this strong monthly trendline for about 16 years and it is currently being tested again. What appears to be a strong bearish move on the weekly and daily is simply a retracement on the monthly chart.
USDCAD potential bullish cypher pattern on the 1 hour chart that coinsides with a nice trendline. I will be going long at the completion of the cypher. However should that same 1 hour candle close below the ascending trendline I will be selling USDCAD.
EURUSD has finally broke out of its consolidation to the downside because it has closed below 1.0500. I will be selling on a retest of 1.0500. A more conservative approach would be to sell at a possible cypher pattern at 1.0760
NZDUSD harmonic move completion at 0.7240. This is also a a 61.8 fib level of a bigger anchor leg. 0.7240 is also a very strong resistance level as you can see on the 4 hour and daily chart. I will be selling at this level
USDCAD is tested very strong daily support. On the weekly chart, last weeks candle has formed an evening star pattern and engulfed 3 previous candles. I will be shorting this pair on a close below 1.3277 on the daily chart and target 1.31 even level
NZDUSD 1 hour cypher pattern is forming as indicated by the green cypher. This same spot is the C-leg of a potential Gartley pattern as shown by the red gartley, and is also previous resistance. I will be selling here at 0.7141.
0.7015 is also the D-leg of a potential Gartley as shown by the red, and is also the ...