Both trades are posiible with current structure development. Wait for breakout of one of lines for confirmation and trade entry.
We have a shark pattern in development on daily timeframe. We have had technical breakout and I expect last upmove before reversal.
We have possibly triangle pattern in development on hourly timeframe. I consider this pattern to be continuation pattern Breakout should give us last upmove before mediun term reversal on daily timeframe. It is worth taking as RRR is really good.
Looks like we have expanded flat correction in play on weekly timeframe.
We have had impulsive sell of last week and it looks like we have a flat correction ABC in development. I expect another big move to dowside. Wait for breakout of trendline for potential entry. Price still can bounce and climb more upside.
Price at key level. Bounce or break. Watch for breakout of lower trendline for sell entry. Pair still in daily downtrend so bias is bearish.
All pairs with yen shows similar structure with possibility of one more down before big reversal. I will go here short with two targets as per chart. Possible we have an expanding flat ABC correction in play. Regards
Bullish pattern has been completed on daily timeframe. Target for this setup is at previous swing high. Good luck !
We have at the moment retracement from lats impulse down and you can try to short based on fibs. As price reversed and bounced from daily trendline price might reached new high so in option 2 after breaking top you can have another entry with 50 pips SL as move to upside will be limited.
We are in C wave of bigger corection on daily timeframe, We had 3 waves structure up on lower timeframe and than drop We are having triangle in development on hourly timeframe which should breaks to upside and than i expect another drop to targets as marked on chart. Good luck
I will go short here as we have had a breakout of uptrend trendline and current upmove I consider as a pullback / correction from last impulse to downside.
Looks like we have bigger correction in development on daily timeframe, possible in form of expanding flat ABC form. You can try to enter based on smaller 4hr trendline breakout. Be also aware there is possibility for more up and new high however this move should be short lived.
Current structure indicates we will have mega bull market and life time opportunity to trade wheat 0.24% for longer term and big winner. Cross market analysis shows similar structure in rice and soy beans whoich support this idea, We have clear divergance in MACD . Dollar is getting weaker which also supports. This trade will multiply anyone's trading...
Looks like we have short term buy setup as correction dvelops in form of triangle pattern. You can try to buy based on breakout of upper trendline.
Gbpjpy moves in descending channel and price just has reached the upper trendline. It would be agood idea to short based on boucing from upper trendline and wave structure development. This pair is in bigger daily flat correction ABc with target for wave C at 135.77 level
We have possibly bearish bat pattern in development on weekly timeframe. We have had a breakout of weekly trendline and retest of previous structure. We have made new recent top with impuslive move and now I expect a correction , pullback before next up move.
Long correction from last impulse is about to over therefore i ecpect another impulse to target as marked on chart. We have a clear divergance in MACD . Cross market analysis in soft commodities shows similar projections. Dollar is getting weaker which supports higher price ofcommodities in general. Wait for an impulse on lower timeframes to confirm bull...