Close eyes on NZDUSD. We'll be watching the market for price action, waiting for a bounce off the 0.38% Fibonacci retracement level or the breakout of the possible bull flag pattern
Finding a high probability setup combining three strategies to find a strong confluence
GBPJPY is seen to have made a breakout and retest out of the support trendline and managed to significantly bounce off the 61.8% Fibonacci retracement level. I'm expecting a bearish continuation targeting the end of wave C @ -0.618 Fibonacci extension level (147.130)
Long term USDCAD buy setup after bouncing off the 61.8% Fibonacci retracement level @ 1.24730
potential buy on NZDUSD after forming a double bottom W pattern and breakout and retest of the resistance zone.
A potential buy opportunity on EURNZD after it has successfully adhered to the wave principles of a trend, a breakout above 1.6800 we'll give us a clear confirmation for a buy position.
CADCHF is at a psychological resistance zone. I'm expecting a bearish reversal watch price action.
Potential buy opportunity on EURJPY after breakout and retest. Significantly bouncing off the golden ratio SL: 128.80 TP: 130.20
EURUSD I'm expecting the price to retest the resistance zone, within the bear flag pattern, before we enter a short position.
GBPUSD has made a breakout and retest from the rising channel we'll consider a short position @ 1.3780, SL: 1.3820 TP: 1.3660
EURUSD seems to be in a bearish tendency creating the 4th wave which normally is a correction, I'll be watching the market closely for bear breakout to confirm a sell positive and a formation of the 5th wave of the trend.
NZDUSD sell on rally. A potential drop in price after the breakout of the bare flag pattern SL 0.7246 TP: 0.7017
EURUSD wave analysis indicates price is about to push higher to complete wave 5 of the trend bouncing of 38.2% Fibonacci retracement level. Watchout for long.
GBPUSD has bounced off the support trendline at 61.8 Fibonacci retracement level. I'm expecting the pice to grow targeting 1.41700 & SL 1.38100
EURUSD potential short after breakout and retest from the bear flag pattern SL at 1.21250 TP at 1.19000
Repecting parallel trendlines we can notice theprice is rejecting from the resistance trendline forming a divergence with the RSI. Watchout for sell.
EURUSD has bounce off 61.8 Fibonacci retracement level I'm expecting another bullish wave after the correction.
AUDUSD possible short after reversing from the resistance.