AUDUSD short set up with a simple trendline breakout on hourly in harmony with the bearish trend on all the higher timeframes.
Did the market close the opening gap through the course of Monday or the week. I would say no, the market maintained the gap through the course of Monday and the whole week. Orders were processed regardless of the opening price in a structured manner. Seems like it was a predetermined and measured movement. The length of the initial bullish movement would have...
A bearish Shark pattern has been completed on USDCAD 4H timeframe. Shark is one of the most probable patterns as the completion D point naturally falls at a significant level. In this case D point is the 3rd retest of the 1.25620 level. The beauty is that even if price fails to reach the level and falls short, but achievs 0.886 retracement of the XC distance,...
A perfect Gartley has been completed on H1 at a high confluence level supported by 61.8% Fib retracement on daily as resistance and the psychological round-figure resistance level of 101.00 I would look to enter short on the H1 timeframe and if possible hold on to a partial position expecting a possible AB=CD completion on the daily timeframe.