Hello, here we have a falling wedge on eurgbp , target being the 1.27 extension and previous resistance as well
Would like to enter this trade on the 1.27 extension of the last leg down with stops justi below the 1.618 extension.
Best of luck
Hello. as we all know that cad and oil is directly related and weakning of cad has resulted in oil prices going down. However recently it seems that cad might gain some strength back before returning to its trend so we can expect the oil prices to go up. here technically we have a falling wedge in an ascending channel with target being the 50 percent fib level....
Potential long in the making
gotta keep an eye of ab leg to see how much it retraces
could be a potential butterfly pattern in the making since price is also trying to target the 1.618 extension which could be an entry for the butterfly as well as a fresh supply level
hello here we have a possible bearish flag in a descending channel.
target is also a demand and a 1.27 fib extension
however we would have to look at 1.1061 level since there is possibly some structure over there
Best of luck
Hello, we have a couple of things going on in USDCHF
1) Potential Gartley completion at 0.9131
2) Potential ABCD completion at 1.909
3) Price seems to be respecting the trendline above and is on decline
4)We have a good support as well as a demand zone right at the completion of the two patterns
Looking to trade the CD leg for now
lets see how this trade plays...