EURNZD is in a corrective structure, there's also an inverse head and shoulder pattern on the lower time frame. Will be looking for buy opportunities at the neckline breakout
I am currently expecting Thungela to push up to R73 area then begin to drop back to R50 before continuing up to complete these 5 waves sequence.
Usdzar has printed what looks like an inverse head and shoulder pattern, will be looking at the 1 hour time frame for corrective structures to take a buy trade.
Will be looking at bullish entry signals on the lower time frames to enter a buy trade
Looking to take short on GBPCHF on the lower time frames for downward continuation to complete the current corrective structure
I Have a bearish bias on xxxJPY .Expecting EurJpy to complete this head and shoulder pattern before looking for buys
I Have a bearish bias on xxxJPY . My confluence on CADJPY is the head and shoulder pattern and running flat
Will be looking at lower timeframe price action for buy signals to complete this 11 swing corrective structure
The pair has printed what looks like a bearish head and shoulder pattern, will be looking for downward continuation.
will be looking for selling opportunity to continue with the downward trend and completion of the head and shoulder pattern.
I am expecting CHFJPY to continue with its downward movement, will be looking for sells on minor timeframes
EURCHF bearish long-term trade plan. will be looking for a correction before going short
My confluence for this sell are the following: Bearish pin bar on the daily chart at 50% fib retracement, bearish head and shoulder pattern and lastly a channel breakout and retest.
will be looking for a corrective structure on the smaller timeframes before going long
Will be monitoring it for a possible play out of the head and shoulder pattern
EURAUD seems to be positively correlated with EURNZD but lagging behind. EURAUD has printed a bullish flag on the 4hour time frame. look for buy entries