Since gold and silver is closely correlated we will see some buying power for this commodity as well. Looking at a Bearish Bat pattern that formed on the asset to sell in the near future .RSI showing some strong momentum on the 3hour timeframe as the end of a correction formed on the 15min timeframe but master direction is to go long so it will be a good idea...
looks like the AUD/NZD is really to move to the upside once again?
Good trade setup on the GBP/AUD as a Bullish Bat Pattern forms on the 4hour timeframe which is still in the process of forming a trend on the 1hour timeframe of wave C so going short for now will probably be a good idea. Then going longed again at price levels 1.71842 or 1.71383 on the 1hour timeframe at the end of the trend and your entry will be executed on...
Hi traders looking at the EUR/AUD now and spotted a possible Flat ABC correction that ended on the 5min timeframe on Friday. As markets open we might just see some down side power or a market break on the pair if it hitting those 1.45999 or 1.45239 structure lows price levels to buy the pair but you'll have to trade that on the 15-5min timeframes to enter the buy...
Spotted a nice Bearish reversal Crab pattern on Gold to sell as a Scalp on the 30-15min timeframe in my trading experience when this type patterns forms on the charts most of the time it moves down into a correction as to that of a end of a trend so just watch out for that.
looking to sell the pair in the near future with some extra probability for a turn as the rest of the Elliot wave puzzle unfolds. Hope some of the things im sharing helps us.
The Pound might just find see some weakness with a bearish bat pattern that formed on the Currency pair flowed with a 5wave trend on the 15min timeframe hitting strong structure highs.
look at a possible bullish Shark pattern that could be in the process of forming on the AUD/USD. Back on the 20-15mn timeframe the market has formed the end of a 5 wave correction with RSI showing some bullish momentum on 2hour time frame.
Looking at a almost perfect classic textbook bullish Gartly pattern but never the less its a end of a correction for the continuation of the up trend so would be a good idea to buy the pair if it makes any sense to you and if you get the general ideal of the organic flow of markets.
Looking at a almost perfect classic textbook bullish Gartly pattern but never the less its a end of a correction for the continuation of the up trend so would be a good idea to buy the pair if it makes any sense to you and if you get the general ideal of the organic flow of markets.
During Asian session we have CPI news to be released for the AUD at this point the market has formed the end of a correction on the 5min timeframe good time to go long now the aud/usd pair. RSI showing strong momentum for buying power.