AndrewCapko

AndrewCapko

If it returns to the Order block area it may continue to the top side where the bigger Imbalance areas are.

AndrewCapko

Gold made a breakout from downtrend, retraced to .618 and continues to climb up. Possible ABCD pattern with major resistance. There are obviously few obstacles on the way up.

AndrewCapko Updated 

short after breaking the uptrend and retesting the .618 fibo

AndrewCapko

ON the left daily chart reversing @.786, on the right side lower time frame already broke bullish channel, consolidation ended @.618. Let's catch some bears.

AndrewCapko

Few ways how it can work, suite yourselves, check the PA everytime - very important. The H&S neck line sits at very good support, we'll see if it breaks or not ;)

AndrewCapko

If the blue support broken we may go down a bit otherwise more up.

AndrewCapko Updated 

EURAUD broke important resistance, watch for retest. It that case it may be heading to the trendline which if broken there will be lot more room for bulls. I'm going to watch it and decide according to the price action.

AndrewCapko Updated 

Technical view: if channel is broken we may see a bearish move, as we are currently at 2.27extension + divergence on 15min TF + other TFs are overbought. One thing which is not corresponding are the moving averages MA, which are currently under the channel. Fundamental view: Monday - Retail sales - not so bad Tuesday - RBA Interest rate decision very volatile...

AndrewCapko

As the charts shows, there will be two harmonic ABCD patterns extending @1.07338-60. If the extension 1.618 holds then there is nice short coming. \ Possible divergence at that level.

AndrewCapko Updated 

EURJPY - starting CD leg at the 0.707 retrace. watch the trendline, I'm trying to combine harmonic patterns with other forex strategies. Just to see if that works ;) SL: above the .786 retracement TP: 1.414 extension. I personally will take this trade after TL breaking.

AndrewCapko

Will have to wait until harmonic bearish pattern AB=CD is finished @87.542 which is 1. extension 2.0 2. previous resistance In this moment the up move was rejected at the 1.618 extension which may mean a continuation in the bearish move. In case it breaks the 1.618 extension watch for the 2.0 rejection. Good luck

AndrewCapko

What a beautiful H&S pattern. Let it run, we will see.

AndrewCapko

Really important support resistance zone / depending on which side of the zone we are /. I'll be watching for rejection to sell or breakout and retest to buy.

AndrewCapko Updated 

Trade for the next week, AUDNZD broke from the triangle to upper side, currently retesting.

AndrewCapko

support at 121.894

AndrewCapko

Both ideas shown, we will see what happens

AndrewCapko

GBPCAD broke the consolidation channel and is heading down to the trend line.