Engine_room

Engine_room

Quasimodo pattern formation. Break of previous low follow by a break in to structure.. sell to the next support or 50% fibonnaci drawn from the last market consolidation.

Engine_room

Channel reversal + double top + macd divergence. All this are confluence supporting the pattern formed which is "diamond pattern" sell to the trend line

Engine_room

Nzdjpy is about to complete a chart pattern called "cancan" pattern". First there was a breakout followed by a sharp fall and now the market is forming a wedge. So we expect a fall.to.the trend line or support level. You can browse about the pattern for more clarification.

Engine_room Updated 

Trendline break and retest, 15 mins engulfing/flag sell level, bearish hidden divergence on macd..

Engine_room

Eurjpy is moving sideways which after a rally. On the 4hr timeframe its is forming an eliot expanding diagonal. While on the daily timeframe it has reach a sell quasimodo level(I.e it has completed a quasimodo pattern). Also macd has formed a divergence and there is also a trendline confluence. Eurjpy will sell to the next support or supply level..

Engine_room Updated 

Trend line, support and resistance plus compression