Potential short trade as the EUR/USD nears the end of a leading diagonal.
If you scroll farther back on the daily you can see why/where the black resistance lines are drawn there.
We also have some divergence on the RSI.
Waiting for a breakdown before entering the trade.
On the 4 hour chart we have a head and shoulders pattern setup.
The neckline was recently broken and retested with solid price action candles.
Currently selling off. Targets should be placed in the PRZ between 156.10 and 155.10
Daily chart of USD/CHF is building out into a potential pattern. Once more time has passed a better prediction can be made as to which pattern is most likely to play out. Current setup in anticipation of a bearish gartley pattern.
On the EUR/CAD we have a potential short opportunity on the 1 hour chart at the completion of the D leg
Currently looking for D to complete the Bat Pattern at the 1.4835-1.4850 zone
Alternate Bat Pattern may also be in play at the 1.4880 level
Place stops a few pips above Point X