This pair is slowly moving in the right direction. It's respecting the ascending triangle. Over the next few weeks, we can project this pair making it's way up to the neckline before deciding where it wants to go.
This pair is being tricky. We have multiple indications of this pair going lower due to the numerous double tops and the key resistance at the 1.76 area. However, the pair has also formed a symmetrical triangle which is typically a buying sign. We will keep a close eye on this pair and see what it wants to do.
The pair has formed a double bottom. This will likely lead to a retest of the neckline at the 1.49 area. We also have an inside day bar that formed last week as confirmation as to the direction of this pair. However since the overall sight of this pair is bearish, Once the neckline is retested, a push lower should happen.
The pair has bounced off the bottom of the channel and headed up as expected/anticipated. A run to the top of the channel around the 1.1220 area is likely. If the channel is respected, we could see a drop from that area. The overall consensus on the pair is bearish. But the channel has to be respected as well.
The pair has formed a double bottom. While the overall consensus of this pair is a bearish push, it won't come without resistance. The double bottom indicates it should retest the neckline at .70 before dropping again.
The pair finally broke the flag. With the break of the last channel back in Aug, the pair went for about 350 pips up. We should be able to expect/anticipate the same with breaking the flag. A run to the 1.11 area should be achievable.
The pair has gone into consolidation. We will wait for a confirmation on what this pair wants to do in the coming days. But we should definitely see this pair move up.
This pair has not only formed a symmetrical triangle, but it's also formed a flag. Given the move this pair has made in forming both patterns, we can anticipate and expect another nice bull move once the flag is broken. 2.02 would be the first target.
This pair has formed a flag after a nice little bull run. Anticipation and exception is for this pair to continue moving higher. Once the flag is broken, we should see a run to the 1.10 area.
This pair is in an ascending triangle. It has major resistance at $1.35. given the fact that for all intensive purposes, the piar had formed another ascending triangle from mid 16' to mid 17', we can expect and anticipate the same move in the current ascending triangle. Should this happen, we should see this pair drop to around $1.20.
Gold has formed a Head and Shoulders. The neckline was breached and dropped to $1,459 before immediately retesting the neckline and ultimately rising to $1,519. The move shouldn't be sustained as the Head and Shoulders has made it's full move yet. We should see Gold follow the pattern and drop to around $1,440.
Oil has been on a wild ride the last few months. Oil fell from around $85 to $50 in about 2 months. Since then, it's formed a descending triangle. This is where things get interesting. The pair made an inside day bar before the Saudi oil attacks. Price broke up from the news but could not sustain it and immediately dropped. The inside day bar is the indication in...
This pair is very interesting. It formed a double top back at the end of 2018. When that finally broke, it went for a nice bear run. It then formed another double top middle of 2019. When that broke, it went for a nice run. Now it's formed a quad top with an inside day bar at the last top. This should indicate that this pair is headed lower and will retest the...
This pair has been respecting this channel for quite some time. With the recent bounce off the bottom of the channel, we should see this pair test to top of the channel. Overall, this pair is in a bear run. I think testing the top of the channel is likely. After a potential retest, we should see this pair go back down towards the bottom of the channel.
This pair has been in a descending triangle for the last year and a half. With a lot of breaks and retests, we should see a retest of the neckline of the descending triangle as we have a double bottom. If the retest happens, we can look for this pair to make another bear run creating new lows.
We had a double bottom and all but a triple bottom. We should see a test at .9114 before testing the .9381 area.