After froming a H/S (HeadAndShoulder) pattern, PA declined to previous structure lows completing the bullish bat. Nice RSI divergence and RSI above the oversold level suggests a long.
Similar to AUDNZD, GN rallied but failed at TL (trend line). The PA completed the bat and is expected to ret. at least to 23.6 testing good structure or even lower to 38.2 at strong structure. Should the PA fail to ret. which is not likely according to strong RSI divergence, next short entry should be at ABCD completion on new HH (higher high) 1.996. NZD is weak...
After a rally on RBNZ rate decision, the PA failed to make a new high, instead, rejected at TL (trend line) of the descending channel. The 161.8 ext of previous LH (lower high), and ABCD completion, provides a support at the moment. Expected ret. to T1 (38.2) if the PA should cont. bullish move beyond 1.10
Finally a good confirmation for short with this double top on cypher completion. Although, there's a chance of a bat completion this looks good enough.
After breaking out of the wedge, GBPCHF made a new high @1.533. Bearish crab for short completing @1.536
Since GJ ret. only to 38.2 a further move up is very likely as long as GJ doesn't form a double top at 174.
GC dropped significant and fast from 846s highs completing the shark lvl1 @88.6 XC ret. (8141). The PA is currently on 127.2 ext of previous low with a possible long on this shark to 8222. However, a good structure (February lows) provides more support @805s where the shark lvl2 completes. Discretion is advised since both entries long are technical...
CADCHF is still trading in channel. The 833 level seems to be a strong res. PA is currently trading at 835 levels and still no strength to make new highs. With nice RSI divergence a ret. to 8284 or 824 should happen soon.
The 78 level proved to be a significant one for NZDCHF, and for quiet some time the PA ranged in this slightly ascending wedge, providing opportunities for short-term scalping in both directions. The break of lower TL was not a surprise but the U-turn @7746 and break of higher TL certainly was. Unfortunately, NZDCHF didn't have strength to stay above the higher...
After a steep rally into 8685 (tested 2 times) and broke on 3rd time, PA stopped @8735 (tested 2 times that level again) and broke on the 3rd time. NU reached the high @8791 with no strength to break 88. According to previous analogy if a bullish continuation is predicted a ret. to 8735 (perhaps twice again) and break higher on 3rd test of 88. The 3TT rule (3...
Looking at H4 a possible H/S pattern formation which could break wedge bearish (wedge lower boundary TL acts as neck line). Currently in play the small bearish bat. However, in case of a bullish wedge breakout, 2 bearish patterns awaiting at 709 (butterfly) and at 7127 (crab)
EU came very close to 35, but bounced back and looking for correction higher. If EU breaks the 366 where a bearish bat completes the next hurdle should be at 37 handle. Slightly above 37 levels to watch for short are 372 (2 bearish patterns) and much higher at 378.
Quiet a few possible patterns on Gold, both, bullish and bearish. Only one completed, the bearish shark lvl1 with a T1 @1290.8 and T2 @1271.5
After this insane rally on Inflation fear, Silver completed this bearish butterfly with RSI well overbought. The PA came close to 21 but retreated which could be a sign of a short opportunity at least to 20.37s heavy structure support. Alternatively, PA might continue up where another shorting opportunity awaits @ 21.75 on a bearish bat and previous structure...
GBPCHF is trading in an ascending channel, bullish trend. PA reached the top boundary and 127.2 ext of previous high on very strong impulse leg from the bottom channel boundary. Although the 113 ext at 52 provides support last week the breach is likely to test 5122. The support can be observed on the RSI too (red TL).