ezodisy

ezodisy

eurcad is still in a triangle, which signals one more low to come. It's possible that e has been printed. Tomorrow is Canadian GDP. I am bullish on this pair but not within the triangle.

ezodisy

1hr chart still looks like it's forming a triangle, which would signal one more low. If this is correct, two gyrations (d, e) then a new low, followed by a huge move up. See attached chart for the long.

ezodisy

1h chart -- appears to be a triangle for the final thrust down to complete Y of the long correction on the daily / 4h chart. See attached chart for larger perspective.

ezodisy

monthly chart -- the Brexit spike moved from IV to V in the ending diagonal (see linked chart for pre-Brexit trade). Over the coming weeks, possibly months, I'll be watching for another gyration down to complete V of the ending diagonal. This is cable's long-term area of support (1.30x - 1.35x) which goes back many decades. I expect it to again find a floor there,...

ezodisy

Weekly chart -- massive ending diagonal has reached its target. Over the next days and weeks, I'll be looking for long entry signals for a long-term advance north. Brexit has caused quite a few markets to hit their final targets....

ezodisy Updated 

1h chart showing a possible ending diagonal (internal 3s). See the link to my medium- and long-term charts yesterday to highlight the sell here (regardless of Brexit vote). Price is ending the C wave of a flat on the daily chart.

ezodisy

4h correction has hit its target. The Brexit fiasco has caused the spike down. Now a matter of searching 4h / 1h time frames next week for an opportunity to get long to 1.50x - 1.53x

ezodisy Updated 

The main takeaway of this 4 hour chart is that the pattern is corrective. I have it as a WXY pattern, with one more low to come. The most recent low at 1.43x is only 3 waves up, so either it is finished and we head down, or we have one more gyration for another 3 up. That will resemble the last upward gyration (X), heading towards the upper trend line--1.46x--then...

ezodisy

This cable daily chart shows the pair has traced out a 3-3-5 flat, now touching resistance at the upper trendline. Whatever the result of Brexit on Friday morning, expect the pair to sell off. A reason to justify price movement will always FOLLOW price, not precede it. See the chart below for a long-term view of this pair in anticipation of one more move down to...

ezodisy

EUR/CAD appears to be correcting for another move higher from it's 1.41x low (which completed a 5 down). It might be making an ending diagonal here.