eurnzd was in this triangle formation for quite sometime now. Going into the 4hr I see bearish correctional moves appearing with large pip movement so I went even lower and found another correctional move and another sub correctional move inside that (pink is 15min chart).
Waiting for price to break out of correctional move and follow...
eurnzd was in this consolidation period for a while now but there was some big moves on 4hr chart that I took notice of. Price rejected daily trendline and made a bear flag which worked and than price made another correctional move followed by a rising wedge which gives me 2 confirmations that markets are going go...
audusd is in this descending channel for some time now. Price made a sub channel within the main channel and broke out.
waiting on price to retest the sub channel so I can possibly looks for short entries.
daily chart shows audjpy has bounced off weekly trendline, price than made an ascending triangle but failed to break to the upside and did the opposite. Price was selling off instead, made a correctional move after impulse kicked in and broke through minor support which has now become minor resistance.
Waiting on price to retest resistance for confirmation that...
Daily chat is showing descending channel being made. Going on a lower timeframe, price respected resistance zone 3 times which is a triple top at best. Going on the 15min for entry, I see price also made a rising wedge + 3 minor triple tops as well so this has me believing that price will go...
BTC is looking bearish at this moment in time. saw a yellow rising wedge occur and the retest of the pink resistance zone + another new rising wedge. Waiting for price come down to the trendline which is at the 9000 level.
euraud daily shows a channel. 4hr and 1hr shows a smaller channel within daily channel. 15 min shows all the correctional moves and where price will move likely.
waiting for price to make another correctional phase so I can enter.
daily chat shows price consolidating in a triangle so I went into the 4hr/1hr and saw price rejecting yellow trendline.
Price then made a double top so waiting for breakout and retest to confirm trend.
from a bigger timeframe, we are in a correctional phase but price looks like it will make another move to the upside before sellers come in.
price made a big double bottom and a smaller one on the 15min which gives me enough reason to go long. Waiting for breakout to confirm bias.
cadjpy on the weekly doesn't show a lot apart form basic support and resistance but when I went down a timeframe, I saw daily trendline making lower highs and lower lows.
4hr/1hr timeframe showed me a rising wedge occurring while breaking out and making a head and shoulders pattern.
On usdcad weekly, I see price break out of an ascending channel very cleanly while forming a daily support trendline which was supported by a falling wedge in the 4hr chart.
Price broke out of the falling wedge which is now shown the 15 min chart.
weekly chart is showing usdcad in a bullish flag pattern.
daily chart shows that usdcad entered an ascending channel which broke out and retested the trendline.
however enter at your own risk as NFP is due on a Friday so anything can happen.
gbpaud is in this triangle pattern on the weekly. Price than consolidated on the daily with price creating a bear flag.
1hr shows a breakout of that bear pattern with hopes that price retraces back to the 0.236/0.382 retracement zone.
overall move for eurusd is bearish with blue trendline respecting price on the weekly.
on the daily I see price reaching D resistance zone (green), diving deeper into the 1hr, I see price created this upward channel with price now reaching d resistance zone.
on the 15min, price created a bearish flag pattern, waiting for price to break out and continue moving...
Price created a head and shoulders pattern on the weekly. going into the 4hr, I notice market is still is an uptrend due to higher lows and higher highs.
Price at the moment connects with both blue trendlines with one of them acting as a bullish flag. Waiting for price to react off that according to previous...
uk oil has been in downtrend for a very long time now with price making a bearish flag on the daily chart.
Waiting for price to complete the bearish flag with one more move up, I say this because price made a double bottom and retested previous support so I am hoping price does the same before melting down at the top of the flag...
usd/gbp seems to create a divergences as well has creating LH's and LL's on the 4hr timeframe.
Waiting for price to create another LH so I can enter short at that moment. The reason I've placed my trade there is because 50 ma holds that level very well so I am hoping that price reaches 50 ma and drops.