EURCHF Ascending Broadening Wedge, Fanning of Moving Averages Ascending Broading Wedge is low on probabilities of bullish reversal, but it does happen and has historically with this pair. However, the price action typically moves down further as a false sell off before a reversal. Bulkowski The confluence of the fanning of the moving averages is also historical...
EURCAD D1 Symmetrical Triangle, break out either direction Broadening Wedge Inside Triangle which usually Sells Off 55% (Bulkowski ) 100 and 200 ma crossing suggests Down Trend Right now price is stymied by 100ma on WK Volume needed to push lower. Price resistance above by 50 ma. Volume needed to move lower. Historically in downtrends price remains below 50ma...
Bulkowski's Calculations for Flag Pattern 294 x 0.46 = 135.24 1.0532 - 135 = 0.9182
Held down by 100 and 50ma Held up by strong support on D1 Help up by 200 MOVING AVERAGE ON H4 Volume required to break range and beyond upper averages. H4 RSI suggests a buy H4 100 MA crossed up over 200 MA H4 MACD suggests buy D1 MACD suggests buy continuation Buy Signal : Volume Move beyond 100ma (magenta) and 0.382 fib (0.7050) along with pullback that...
EURUSD Support on H4 250MA on D1 WK has begun retrace long Likely, this pair will move up. Numerous Mild News this morning Major News 9am CST ! Do your own Due Diligence. Trade Safe
CYPHER PATTERN completo primo target 125 secondo target 126.2 stop 121.9
WE ARE LOOKING AT THE MOMENT THE PRICE REACHING THE PAST RESISTANCE LEVEL ,WATCHING THE HIGHEST CLOSE SINCE OCT-22, THE PRICE IS NOT SHOWING ANY IMPORTANT PRICE ACTION TO THE MOMENT SO WE MIGHT SEE THE CURRENT MOVE TO THE UPSIDE CONTINUE TO THE WEEKLY RESISTANCE AT 1.1468. IF YOU WANT MORE MARKET ANALYSIS OR A FREE ONE-ONE MENTORING WRITE ME A MESSAGE TO...
USDJPY has formed a bullish engulfing candle on the 1HR chart, indicating possible upcoming bullish movement. The candle is supported by a strong 12-month-long trendline that price has respected 3 times previously dating back to January, 2015. At the PRZ, a bullish pinbar has formed on the daily chart. The wick falls on a series of fib levels from structure...
AUDUSD is nearing the PRZ of a bearish shark in a S/R zone that is confluent with the a bearish Wolfe Wave setup. 200 EMA and SMA may add resistance in this area. To add to bearish bias, this pair has been in a strong downtrend and this would give us an opportunity to ride it down to the .886 fib if price should reach the PRZ. Entry is placed at the shark...
WE HAVE A BEARISH BAT HEAR VERY CLOSE TO COMPLETION. THIS SMALLER BAT ADDS TO THE PREVIOUS EURNZD CHART I POSTED WITH A BIGGER BAT PATTERN ON THE HIGHER TIMFRAME THE D1 WE HAVE AN AB=CD COMPLETION AT STRUCTURE AND THE RSI IS EXTREMELY OVERBOUGHT, SO THIS SMALLE BAT THAT WE HAVE GOT HERE ADDS TO IT AND WE ALSO SEE THIS COMPLETION CLOSE TO WHAT SEEMS TO BE A...
WE ARE LOOKING AT A VERY BIG BEARISH CYPHER PATTERN THAT HAS COMPLETED EXTRA POINTS TO ADD TO YOUR CTS SCORE: AB=CD PATTERN COMPLETION RSI AT EXTREME OVERBOUGHT CONDITIONS OR WAS RSI BEARISH DIVERGENCE D LEG COMPLETION AT SOME PREVIOUS STRUCTURE RESISTANCE WE MIGHT EVEN SEE A DOUBLE TOP COMPLETION AFTER TODAY OR MAYBE AFTER TOMORROW
Speculation, but after some bull support we could see a correction from the EURUSD slide..
After long and impulsive upmove we're now in a correction move with a strong resistance. We see last structure high from 5th September which is also the 0.382 fib retracement of the last upmove which is also the possible endpoint of the correction move. Good buying opportunity with target of at least 102.850
It has yet to break the downtrend channel at 1.4840. Further structure may leave more clues.