While the price is above the support 0.9105, beginning of uptrend is expected.
We make sure when the resistance at 0.9520 breaks.
If the support at 0.9105 is broken, the short-term forecast -beginning of uptrend- will be invalid.
A trough is formed in daily chart at 0.9270 on 10/24/2019, so more gains to resistance(s) 0.9400,...
current head and shoulders pattern on daily near resistance , possible breakout at the bottom of my key zone (0.95857) and above this zone has been tagged as the lowest from monthly , weekly and daily. Neckline has previously been support.(A BREAKOUT IS MOST LIKELY TO OCCUR).
(MY OWN THOUGHTS!!!!!!!)
(Open to criticism and feedback to help improve my analysis)
This is a potential short on the AUDSGD pair. The daily/weekly is in a very large bearish channel/wedge pattern. Within this structure, price has bounced off the top with strong bearish momentum and is now making a nice pullback into support and the ema's. The manifests as a bear flag on the 4-hour. I may look to go short on a break and close of the 4-hour...
38.2% & POSSIBLE 61.8% Retracement LONG GWAVE.
POSSIBLE E7 GWAVE EUCLIDEAN STRUCTURE FORMING.
FIB Retracement Percentage is calculated in a Higher Euclidean Dimension.
PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS