AUDUSD Head & Shoulder Entry below neckline also prior Resistance Zone
Waiting for Reversal Pattern off Resistance Zone on 15min TF
Continuation to downside to 1.23380, price currently consolidating in previous support zone Looking for price action off downtrend resistance line, for another Sell entry on smaller time frame
Price appears to be consolidating between Major Lvl 107.000 and Uptrend Support Line Price Continue to remain Under WAVE and 200MA as it has rejected it Price reacted off 50.00% PRZ on 4hr as the start of a moderate reversal Overall looking for Price Action to make a move to the Upside on 1hr for a Sell Pattern or Strong Break to Downside and Retest of Support Line
Price appears to be consolidating between Major Lvl 107.000 and Uptrend Support Line Price Continue to remain Under WAVE and 200MA as it has rejected it Price reacted off 50.00% PRZ as the start of a moderate reversal Overall looking for Price Action to make a move to the Upside on 1hr for a Sell Pattern or Strong Break to Downside and Retest of Support Line
AUDCHF appears to be retesting Uptrend Support for another move up. Price is being trapped in Descending Triangle, and Cup & Handle Formation in 1hr & 15min as confirmation for uptrend.
EURUSD has formed a Head & Shoulder on 4hr Time Frame Waiting for break of neckline for a valid Sell entry Multiple confirmations show Trend is reversing Price action has formed LH's and LL's with rejections off Key Fib PRZ's