We have a running triangle in development on higher degre ( weekly timeframe ). It would be a good idea to buy when price reached lower line of triangle for excelent risk to reeward ratio. Do not miss this trade if proves to be what expected will generate massive profit. This is very long term trade so you might want to trade impulsive parts of it if have...
Hang Seng index is in huge weekly correction in form of symetrical triangle. We are in wave D of that correction on weekly. We have also correction in daily uptrend on daily and than we should have last up move in current trend before biggger reversal of higher degree.
Watch for breakout of trendline and pullback for sell enrtry.
We have completed bullish bat pattern on daily timeframe. You can try to buy to target as marked on chart. Look for signs of reversal on lower timefram for confirmaation.
This is my long term view on EURAUD pair.. We are currently in ABC correction of of higer degree structure which looks like zigzag. We are also in smaller degree uptrend which should last for weeks and should have number of occasssions to trade. Any corrections/pullbacks on daily or lower timeframes we can trade to upside.
We had a solid impulse and we have nice correction in development. Watch for a breakout of trendline for sell entry
Can try to short based on charmonic pattern to target as marked on chart. Cross market analysis shows CAD starts gaining strengh against other majors possibly in short / medium period.
We have a gartley pattern in development on 4hr timeframe. It would be a good idea to buy to target as marked on chart. Be aware price might still drop little bit before next bigger up move, You can also take entry based on breakout from black trendline if like traditional set up.
Current structure indicates we should have one more drop as very likely we have flat correction ABC in development. You can try to sell from the top at green line price if you are more agresive or wait for brekout of lower trendline.
It looks like we have a bigger correction in development in form of expanding flat ABC. If breaks lower trendline we might have a nice sell opportunity.
Usdcad is in bigger corecctive strucute in form of flat ABC. I expect one more wave up before bigger drop.
This is my new medium tern analysis for NZDCAD -0.23% pair. At this point we have two options ending diagonal or expanding flat correction and which one will be correct time will tell but I am more in favour of first option. We should have a few opportunities to trade to upside within current wave.
We are getting divergance finaly on MACD which indicates we should have correction soon. We can try to short based on breakout of current trendline. This is highly speculative set up
Look like we have a wolfe wave pattern in development on daily timeframe. We have a clear divergance in MACD. Watch for signs of reversal , lower degree impuls in buying zone. It might be a ecxcelent opportunity for big upmove when current wave terminates.
Sell the breakout of lower trendline for last move down before big reversal.