Looks like it'll be downside in the long term
LONG MOVE COMING
Looks like a great short. Cypher Pattern completion. Also the area for shorting on the larger trend line.
A GOOD ONE. PAIR IS RETRACING FROM BREAKOUT ON LARGER TIME FRAME, A LONG MOVE DOWN ONCE IT BREAKS THIS CHANNEL. KEEP AN EYE ON THIS TRADE.
1) CYPHER PATTERN COMPLETION
3) TREND LINE
LOOKS LIKE IT'LL GO UP ONE MORE TIME
1) Cypher pattern completion.
2) Retracement after breakout completion.
3) Divergence on 4 hour chart.
Looks to be a good long position.
Wait for the retracement to complete, let price come around the 76.00 mark then take the trade.
LOOKS TO BE IN CORRECTION. E LEG TO FORM
Two ways to go long. ABC Correction could be over and we may look for a move up now or we could go for ABCDE and then move up.
A good example of a developing corrective structure. After the move to leg E, EURUSD to sail down. Lets see how it progresses.
IN THE LONG RUN IT SHOULD FALL FURTHER.
Divergence on 4 hour, going long
Lets see where it bounces from.
Nothing technical, just looking at previous structure and comparing how similar the movements are. Lets see what happens. No trading signal, just sharing something that I found interesting.
HEAD AND SHOULDER PATTERN. WAIT FOR CONFIRMATION, I.E BREAK OF THE NECK LINE, THEN SELL.
Nearly time for USDCAD to drop. DXY also to reach 1.27 extension and then I believe this pair will fall