As highlighted last week, we found a bearish setup on this pair which is likely to continue next week. Check out our full analysis on www.ichimokuforex.com
2 days ago we recommended a short on the pair. Check it out ! ichimokuforex.com
We posted this morning a setup: It seems to confirm. Nevertheless, check the conditions at www.ichimokuforex.com
AUDCAD Bullish Bat wait for the confirmation
We have a nice Breakout at Daily Level, pullback with Hammer at Support in H4 + bullish engulfing H1 + doble bottom M15! Multi-Timeframe confirmation! Very nice Long opportunity!
Still currently in a long position since $260 and waiting for signs of a reversal. We could either fade out here or go parabolic into the $300s. Considering the news catalyst, I think we will probably go parabolic sooner rather than later and meet resistance around the same place as last time, where I will start looking for shorts. If the trend stays healthy...
Bullish Cypher pattern in the 1h timeframe is completing in an potential bouncing area defined by relevant daily structure (recently broken to the upside). Action: buy at cypher completion and look for continuation.
If you don't want to gamble wait for a breakout.
GBPCHF Price has been in a W-uptrend quite some time now. It recently respected W S&R and started a new daily uptrend (last couple of weeks). A few days ago we broke a triple tapped daily trendline. The Trade: Following our earlier projection, we now have a nice confirmation candle*, closing higher then the previous bear candle. This is an ideal spot to take...