CADJPY is in bearish trend. It has recently given a break-down of its rising channel. Completed bearish AB=CD pattern. All time frames (D, H4, H are confluent for its trend). Sell when breaks below 98.100 with SL 98.425 and TP1 98.770
EURAUD has broken its 10 year long weakly trend in Feb 2021. Retesting completed in Jan/21. It has completed its Distribution phase. Now it is in Mark-Down phase. Every pull back will be an excellent short-sell opportunity. Presently, it is forming sideway channel. Watch out two levels. Either short at 1.58325 with SL at1.58425 OR short at below 1.52825. Breakdown...
Brent Oil is in consolidation phase and is trading its critical support of $ 96.70. Any break down of this support will lead Oil to $ 68.87. We maintain Short Sell stance with SL @ $ 94.80
NZDUSD is in bearish trend since 24th Feb 2021 forming LHs and LLs. During its bearish trend it is forming both bullish and bearish ABCD pattern. Completion of either AB or CD leg may provide opportunity for safe entry.
SolanaUSD is in bearish trend forming LHs and LLs. Each LH is confirmed with bearish candlestick pattern and each LL with bullish candlestick pattern. Short sell position may be taken at current market price with SL at previous LH.
USD vs JPY is in Bullish Trend forming Higher Highs and Higher Lows. Buy at each Low when bullish candle stick pattern is formed. Presently, USDJPY is n correction making new higher low. Wait till it forms a new low and confirm with bullish candle stick pattern.
