kjvmusic3

kjvmusic3

The analysis is based pm Elliot wave principle. Here, we are selling the 3rd wave of wave 5. The previous wave(wave 4) form a bearish triangle, than wave 1 of 5 break the triangle downward. We are to wait for a retest and at any bearish candlestick pattern we short the market.

kjvmusic3

Usdchf has been between 0.88389 (demand level) to 1.0068 (Supply level) . price currently at the demand zone forming a double bottom (reversal chart pattern). Price approaching a bearish trendline. Looking forward to the break of the trendline. Will go long upon a retest of the trendline

kjvmusic3

AM expecting USD to fall against CAD, the analysis is based on Pure price action. I spotted a break of structure. Price went back to the zone with a bearish flag(continuation pattern), indicating that price will continue pushing downward.

kjvmusic3

Price retest 1.124400 area three times. this is the third time and a rising wedge is spotted around the resistance area, indicating the reversal of trend. Stop loss is 70pips, target is 340 pips Risk to Reward radio is 1:4.5

kjvmusic3

Analysis based on Elliot wave theory. price move within a downward channel. the projection is to sell the 5 wave of Elliot wave count.

kjvmusic3

This analysis is based on Elliot wave theory. Am looking at selling the 5th wave of EWT impulse. The wave 4 ends already (flag chart pattern).

kjvmusic3

My analysis is based on tradeline breakout and retest. Price made rejections three times @1.46365. The third rejection pull down massively and break the tradeline @1.44087. Price retest the trendline with a bearish flag, Retracing @78 fib retracement level. Currently form a double top @1.45495.