sandaunguoi

sandaunguoi

Time to reverse? reasons: 1. It touches the major support line created by previous resistance line. 2. ABC pattern formed. 3. Flag pattern formed. 4. RSI over sought is the signal.

sandaunguoi

can't tell any thing right now. The correction is forming. It s more likely going up because the resistance turning into support. When the chart form a yellow candle pass the resistance, it will be a signal for continuing going up to form the last E trend of the triangle (ABCDE) (you can clearly see it in Daily chart).

sandaunguoi

If you missed the downtrend at the beginning, you still have an opportunity to enter the trade now. MAs show AUDUSD strongly continue go short until it touches the support line. And big red candle just formed passed the support line at 0.75940 which is the signal to enter the trade.

sandaunguoi

I think LTCUSD will make a big correction. The kumo cloud is too thick. If it breaks the swing high, it will go up. But i think it would go down more to touch the 50% fib

sandaunguoi

NZD/USD is about to enter a strong support zone and touching 61% FIB. decline in RSI, thin KUMO cloud makes it easy to break. expect a double bottom to enter the trade.

sandaunguoi

Double top is making. pull back is finished and showed the neckline is a strong resistance. Nice engulf bearish candle pass the Kumo cloud. The Tenkan Sen line nicely just pass the Kijun Sen line confirmed the downward movement.

sandaunguoi

Eur/Nzd on the long, it touches the trend line and the KUMO cloud is pretty thick. But it might break the trend line to from ABC flat correction

sandaunguoi

It looks like making the flag correction right there. We still in a bearish market, so it tends to go short more than long

sandaunguoi

Wait for it passes the trend line to enter the trade

sandaunguoi

We can clearly see that the flag correction is making. Wait for it passes the trend line to enter the trade.

sandaunguoi

Look like flat ABC correction is making. Head and shoulders pattern is formed. RSI confirmed, strong volume down.

sandaunguoi

looks like making flag right there. Wait for it hit the entry level

sandaunguoi

Look like GOLD is trying to break the resistance zone. i will wait for the flag to enter the trade

sandaunguoi

It seems like ABC correction is finished. Head and shoulders pattern was formed. The neckline acting as support line right now. SL and SH are clearly recognized. 1 more confirmation is to break the small SH resistance

sandaunguoi

USDCAD about to hit the support zone, expect a double bottom to enter the trade

sandaunguoi

Still waiting for the signal to go short. No trade at this time

sandaunguoi

It seems like it just finished the bull flag correction. But we still in the correction zone, i will wait for a small flag to go more up

sandaunguoi

Expecting double top to enter trade, otherwise no clues.