USDCAD buy opp:
1. bullish momentem on dxy.
2. of weekly Channel hit.
3. DB @ 78.6
4. Possible bat pattern formation C to D .
5. TL hit.
waiting for :
4hr to close.
Since GBPUSD has broken Brexit Low i am looking for extensions to tell us where GBPUSD may head next. I'm looking for it to reject in the 1.26500, also in confluence with the half quarter, if it breaks that I'm looking for it to continue to 1.21 check screen shot below.
please also be aware that price is currently at the 2.24 extension which is a minor extension...
AUDUSD: Similar call to Gold.. the most i see before a good short is a retest of the next opening daily candle stick , or a continuation to 88.6% a lot of pips here, may take a week or more. join our telegram for more calls ! telegram.me
DXY looking downward momentum, the most push up im seeing is to 1347 then down from there if price continues up. should see a retest with the next daily candle stick opening if waiting on a tigher entry..
As a raw technical trader, i pride myself in trading by anticipating markets through technical analysis. here we see raw price action coming into play as we have AB=CD pattern on the 4 hour chart. this is also in confluence with monthly support. i aim to take this trade for about 4-100 pips back up if everything goes according to plan. Beware this is counter trend...
i've down my bearish analysis on USDJPY if price reverses down. but incase price breaks 104.30 we should see price head all the way up to 106, terminating @ 78.6 of the bearish Gartley.
