Long term talking I see NzdCad going down, it had several opportunities to break up that 3rd channel it just seems to prefer the bearish way.
The image says it all.
Here it goes after hours of not doing anything, look at the indicator bellow, I'm in for a LONG but not for too much (scalping). Let's see what happens.
Ok so EURUSD already broke down that trendline, it almost re-tested it thrice, we can't say that's a double top because it passed through the trendline again and came back in, but I also see what could be a mini head and shoulders forming there. Since it already reached a .618 Fibs retracement... I would expect a BEARISH scenario, but I need it to confirm its'...
XAGUSD (Silver/ US Dollar) it's struggling in a monthly resistance at this moment, overall this pair has been bullish since 2010 so I would like to see it breaking out that resistance, re-testing it and then continuing its' bullish trend. We'll see what happens. Any comments?
Ok I think XAGUSD is going even more up than it already have gone so far. First of all, that inverted head and shoulders which later confirmed a bullish scenario strong enough to return and break into the previous uptrend, so if does a re-test in which I'm expecting to see a morning star then I'd say is a BUY. Any comments?
Well, what do we have here? I'm seeing a 4-hour-chart based uptrend already broken, this pair is going down I think, but first it has to re-test that trendline, let's see what happens. Any comments?
Well, what do we have here? I'm seeing a 4-hour-chart based uptrend already broken, this pair is going down I think, but first it has to re-test that trendline, let's see what happens. Any comments? PS: I'm really ashamed, I used the word 'breaked' instead 'broke' hahaha my bad.
Ok that triangle is getting smaller every day, it is too soon to make a decision right now, I will wait for a break out either up or down and after it I will update this idea. Any comments?
I'm waiting for a little more confirmation on this one, but since it already broke that important daily trendline now I'd wait for a re-test before buying it until probably... .76500 Any comments?